FIIs, MFs trim stakes in these 6 stocks for 3 straight quarters
FIIs, MFs trim stakes in these 6 stocks for 3 straight quarters
, ETMarkets.com|
Apr 25, 2024, 04:52:15 PM IST1/7
Selling Pressure
In its latest examination, ETMarkets focused on stocks where significant institutional investors, like MFs and FIIs, have been reducing their stakes. Among BSE-listed stocks with a market capitalisation exceeding Rs 1,000 crore, approximately six stocks saw a decline in MFs and FIIs ownership in each of the past three quarters (September 2023 to March 2024). Despite a consistent decrease in MFs’ and FIIs’ ownership, three out of the six stocks have shown good share price appreciation over the past year. (Data Source: ACE Equity).
2/7
Inox Wind Energy
1-Year Performance: 541% | CMP: Rs 7001
3/7
Shaily Engineering Plastics
1-Year Performance: 202% | CMP: Rs 627
4/7
Gujarat Pipavav Port
1-Year Performance: 82% | CMP: Rs 208
5/7
Rossari Biotech
1-Year Performance: 12% | CMP: Rs 760
6/7
Lux Industries
1-Year Performance: 2% | CMP: Rs 1370
7/7
Siyaram Silk Mills
1-Year Performance: -2% | CMP: Rs 472
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