Four stocks that saw a sharp rise in DII holding in September quarter
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Spectrum Electrical, Meesho, Neogen Chemicals and Aditya Infotech saw a sharp rise in domestic institutional holding during the September quarter.
- ✓Domestic investors increased their stakes as these companies showed strong growth and expansion plans.
- ✓This domestic money provides a steady cushion for Indian equities when foreign investors pull back today.
Story at a Glance
- Category
- MARKET
- Reported By
- mint
- Reading Speed
- 7 Minute(s)
- Market Focus
- India Economy
Summary
Spectrum Electrical, Meesho, Neogen Chemicals and Aditya Infotech drew higher domestic institutional ownership amid strong growth and expansion plans.
Domestic institutional investors (DIIs) may not make much noise, but they do a lot of the heavy lifting in Indian equities.
Mutual funds, insurers and pension funds have emerged as major market participants, supported by steady monthly inflows through systematic investment plans (SIPs) and other long-term savings. This domestic money provides a cushion when foreign investors pull back.
In the September quarter, DIIs raised their stakes sharply in a handful of companies. We analysed shareholding data to identify four stocks that saw some of the biggest increases in DII ownership.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
mint
Read the full, original unfiltered story directly on the publisher's portal.