 "stake, share, investment, equity, shareholder, promoter, banks, disinvestment, markets, returns, stocks,diversification")
Foreign portfolio investors (FPIs) have increased their stake in information technology (IT) major Tata Consultancy Services (TCS), Larsen & Toubro (L&T) Technology Services, and L&T Infotech, and trimmed their holdings in HCL Technologies and Wipro during the April – June quarter (Q1FY21).
That apart, FPIs also cut their stake in Mindtree, Persistent Systems, eClerx Services, Sonata Software and NIIT Technologies by up to two percentage points, according to the latest shareholding pattern disclosed by these companies. Infosys, which is scheduled to announce its Q1FY21 numbers on Wednesday, has not yet filed its June quarter shareholding data with the stock exchanges
