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18 April, 2024 09:29 IST
FIIs cut stake in Colgate-Palmolive during March quarter
Source: IRIS | 17 Apr, 2014, 02.15PM
Rating: NAN / 5 stars.
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Foreign Institutional Investors (FIIs) have reduced shareholding in Colgate-Palmolive. FIIs shareholding decreased 4 basis points to 19.97% at the end of March 2014 quarter from 20.01% as on Dec. 31, 2013.

On the other hand, domestic institutional investors' (DIIs) shareholding went up to 6.97% at the end of March 2014 quarter from 6.54% as on Dec. 31, 2013.

Under DIIs, Insurance companies held maximum stake of 5.40%, followed by mutual funds / UTI (1.30% stake), central government / state government (0.14% stake) and financial institutions / banks (0.13% stake).

Meanwhile, promoter and promoter group shareholding was unchanged at 51% at the end of March 2014 quarter.

Shares of the company gained Rs 22.65, or 1.64%, to trade at Rs 1,406. The total volume of shares traded was 4,630 at the BSE (2.05 p.m., Thursday).

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