Foreign Institutional Investors (FIIs) have raised shareholding in Maruti Suzuki India, the largest passenger cars maker in India. FIIs shareholding increased 89 basis points to 22.36% at the end of March 2014 quarter from 21.47% as on Dec. 31, 2013.

On the other hand, domestic institutional investors' (DIIs) shareholding went down to 13.60% at the end of March 2014 quarter from 13.98% as on Dec. 31, 2013.

Under DIIs, financial institutions / banks held maximum stake of 7.78%, followed by mutual funds/UTI (5.82% stake).

Meanwhile, promoter and promoter group shareholding was unchanged at 56.21% at the end of March 2014 quarter.

Shares of the company gained Rs 41.7, or 2.14%, to trade at Rs 1,988. The total volume of shares traded was 22,495 at the BSE (1.03 p.m., Monday).