Foreign institutional investors (FIIs) have reduced shareholding in Bajaj Auto, one of the leading 2 and 3 wheeler makers. FIIs' shareholding decreased by 91 basis points to 17.69 percent at the end of September 2014 quarter from 18.60 percent as on Jun 30, 2014.

However, domestic institutional investors (DIIs) have increased shareholding in the company. DIIs' shareholding increased by 88 basis points to 7.96 percent at the end of September 2014 quarter from 7.08 percent as on Jun 30, 2014.

Non Institutions were holding 24.31 percent stake at the end of September 2014 quarter, up 3 basis points from 24.28 percent as on Jun 30, 2014.

Corporate bodies were holding 8.51 percent stake at the end of September 2014 quarter, up 19 basis points from 8.32 percent as on Jun 30, 2014.

On the other hand, promoters' shareholding was unchanged at 50.02 percent at the end of September 2014.

Shares of the company gained Rs 39.55, or 1.67%, to trade at Rs 2,413.05. The total volume of shares traded was 8,338 at the BSE (12.52 p.m., Monday).