 "Anil Ambani")
The sell-off in Anil Ambani group companies amid the continuing fall is share prices has made foreign institutional investors (FIIs) jittery. Taking into account the shareholding pattern of listed group companies, FIIs are staring at a loss of Rs 2,392 crore on their equity exposures to these companies, in the space of a month.
According to data compiled by BS Research Bureau, shares held by FIIs in these group companies were valued at Rs 4,226 crore as on December 31. After Thursday’s closing, the value of these shares stood at Rs 1,833 crore.
On Thursday, the companies’ shares fell in
