FIIs upped their holding in 434 cos in FY07

Published on Mon, May 14, 2007 at 09:18 |  Source : Moneycontrol.com

Updated at Mon, May 28, 2007 at 15:37  

4954 Investors following Aftek. Share this News with them.
0
0
Share on Tumblr

RELATED NEWS

In financial year 2007, foreign institutional investors, FIIs, had increased their holding in 434 companies out of the total 2341 listed companies whose FII holding in March 2007 was compared to the holding in March 2006. They reduced their holding in 429 companies in FY07 over FY06.

FIIs that did not have any holding in 79 companies in FY06 but they bought shares in the same companies in FY07.

The first company in the list of companies in which FII have increased their position is Ceekay Daikin , a small sized company. The FIIs increased their holding to 32.17% in March 2007 from 0.05% in March 2006.

The second company in line is BF Utilities , where FIIs upped their holding from 0.02% to 8.54% in the above mentioned period. In Tulip IT , FII holding was upped from 2.35% to 17.72%. The other companies in this list are Ceat , NRB Bearings , Su-Raj Diamonds , Videocon , Mcleod Russel , Gitanjali Gems etc.

Amongst the companies in which FIIs have reduced their positions, Sujana Univ Ind , a small-sized company, is one of the highest losers. FIIs have pared their position in the company from 48.3% in March 2006 to 0.01% in March 2007.In I -Flex Solution , the FII holding has fallen by nearly 95.29% in March 2007 over March 2006. Amongst the frontliners, VSNL has seen a fall in FII holding, from 9.66% to 2.83%. GNFC has seen a fall in FII holding from 6.11% to 2.74% in Mrch 2007. Few other names are KPIT Cummins Inf , Raj Rayon , IL &FS Investsmart, Gillette India , Sundaram Fasteners etc.

And amongst the companies that have made it to the FII list in March 2007 is Donear Inds where FIIs have invested in 17.39% of the total shares as compared to 0% holding in March 2006.  Deccan Chronicle has seen FIIs investing by around 17%. Andhra Cement , Ansal Buildwell , Ashapura Minechem , Bajaj Electrical , Bartronics India , Classic Diamond are few other names in this list.

By-Piyu Sen

  

Trending News

Business News

2TB drives offer best value for money
Did Sebi miss any tricks in Ambani consent order? "Did Sebi miss any tricks in Ambani consent order?"

Oppn gears up to make Bharat bandh a success

On Facebook IPO Morgan Stanley Speculation Of 'Nefarious Activity' Around IPO Untrue

The latest earning numbers FIRST on CNBC-TV18
Videos

May 30 2012, 23:16

Clash of Spain and ECB worrying investors: Verstrate

- in FII View

May 30 2012, 11:18

Result corner: Ajay Bodke`s top bets from across sectors

- in MARKET OUTLOOK

Interviews

May 30 2012, 17:04 | Source: CNBC-TV18

Margins may be hit on one-off items in EBITDA: Sun Pharma  

May 30 2012, 16:32 | Source: CNBC-TV18

Essar announces Rs 175cr deal; to pay-off debts with fund  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!