Foreign Institutional Investors (FIIs) have reduced shareholding in Coromandel International, a manufacturer of fertilisers and pesticides. FIIs shareholding decreased 70 bps to 6.80% at the end of March 2014 quarter from 7.50% as on Dec. 31, 2013.

Domestic institutional investors' (DIIs) shareholding went down to 5.64% at the end of March 2014 quarter from 6.02% as on Dec. 31, 2013.

Under DIIs, mutual funds / UTI held maximum stake of 3.93%, followed by insurance companies (1.65% stake) and financial institutions / banks (0.06% stake).

Meanwhile, promoter and promoter group shareholding was unchanged at 63.79% at the end of March 2014 quarter.

Shares of the company gained Rs 3.45, or 1.58%, to trade at Rs 222.35. The total volume of shares traded was 636 at the BSE (12 noon., Monday).