Shareholding data shows that FIIs reduced equity holdings in 11 stocks from Nifty 500 in every single quarter after March 2024. List includes PNB Housing Finance, Eternal and Cyient among others.
Domestic Institutional Investors have increased stake in 34 Nifty 500 stocks such as - Adani Power, Paytm and Eternal among others - quarter-after-quarter after March 2024, shows shareholding data.
In last two financial years, retail investors increased holding in 118 Nifty 500 stocks where FIIs cut stake; of these 65 stocks trade below March 2024 levels amid tepid market mood, shows data.
The Sir Ratan Tata Trust (SRTT) is in "non-compliance" of an amended law in Maharashtra limiting the number of life trustees on a body, and should take urgent corrective steps, a legal opinion has said. The number of life trustees should come down to one from the present three, as per the opinion given by former Supreme Court Judge Justice Krishna Murari. "It is evident that the present composition of the Board of Trustees of the Sir Ratan Tata Trust, comprising three life trustees out of a total of six, is not in conformity with the mandate of Section 30A(2) of the Maharashtra Public Trust Act, 1950," the opinion, a copy of which has been reviewed by PTI, said. The opinion assumes significance as a lawyer has filed a petition with the Maharashtra Charities Commissioner alleging violations by the SRTT with regard to appointment of lifetime trustees. At present, there are six trustees on the SRTT of which three are lifetime ones. The lifetime trustees are late Ratan Tata's brother
Sebi's proposal to extend timelines for the 25% minimum public shareholding requirement could provide flexibility to listed companies and open offers, according to legal experts
Disputes over control and ownership at Sona BLW follow the passing of chairman Sunjay Kapur, with Rani Kapur alleging coercion and calling for the AGM to be postponed
The appellate tribunal said the NCLT order was a consensual interlocutory directive that did not determine rights, and thus no interference was warranted at this stage
NCLAT refuses to interfere with interim order in Aakash shareholding case, saying it was consensual and interlocutory; matter returns to NCLT Bengaluru for hearing
Analysts believe that pharma shares continue to see buying interest, given the inelastic demand for medicines; tariffs, if any could have minimal impact on the industry.
Sources say diversified shareholding may create challenges in fundraising, will add complexities
According to ACE Equity data, LIC and ICICI Prudential fund held more than 5% stake in IndusInd Bank; another 13 fund houses owned more than 1 per cent equity of the bank as of December quarter.
DIIs have doubled their shareholding, in terms of absolute number of shares held, in 46 out of the Nifty 500 companies in the last nine months, shows ACE equity data.
Mutual Funds increased stake in 84 Nifty 500 stocks in the quarter ended September 2024; here's a technical outlook on select 5 stocks for the likely trend ahead.
Grover will neither be associated with BharatPe nor be a part of its shareholding
Voda Idea, Indus Towers, Ujjivan SFB, CoForge among top stocks where FIIs raised holdings in the June quarter; trading strategies based on technical charts here.
After the fundraising, Ajay Singh's shareholding in SpiceJet may drop to 30-35% from 47.8%
Most PSUs, especially those with low floats, have seen remarkable share price gains over the past year
Public sector banks, financial institutions too must increase their public shareholding to at least 25%
Five PSBs are planning to reduce government stake to less than 75%
Sebi regulations require all listed companies to maintain a 25% public float, but firms with a post-issue market capitalisation exceeding Rs 1 trillion have a 5-year timeline to meet the 25% MPS rule