Foreign institutional investors (FIIs) have raised shareholding in Nestle India, the largest leading nutrition, health and wellness company. FIIs shareholding increased 56 basis points to 13.70% at the end of March 2014 quarter from 13.14% as on Dec. 31, 2013.

On the other hand, domestic institutional investors' (DIIs) shareholding went down to 5.27% at the end of March 2014 quarter from 5.92% as on Dec. 31, 2013.

Under DIIs, insurance companies held maximum stake of 4.34%, followed by mutual funds / UTI (0.82% stake), financial institutions / banks (0.08% stake) and central government / state government(s) (0.03%).

Meanwhile, promoter and promoter group shareholding was unchanged at 62.76% at the end of March 2014 quarter.

Shares of the company declined Rs 24.4, or 0.51%, to trade at Rs 4,755. The total volume of shares traded was 2,328 at the BSE (1.39 p.m., Thursday).