Rolta India gains even as FIIs reduce stake in the company

12 Nov 2014 Evaluate

Rolta India is currently trading at Rs. 110.30, up by 0.35 points or 0.32% from its previous closing of Rs. 109.95 on the BSE.

The scrip opened at Rs. 110.55 and has touched a high and low of Rs. 111.15 and Rs. 110.30 respectively. So far 41020 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 127.90 on 23-Sep-2014 and a 52 week low of Rs. 59.00 on 27-Nov-2013.

Last one week high and low of the scrip stood at Rs. 111.80 and Rs. 108.90 respectively. The current market cap of the company is Rs. 1785.91 crore.

The promoters holding in the company stood at 51.02 % while Institutions and Non-Institutions held 16.91 % and 31.33 % respectively.

Foreign institutional investors (FIIs) have reduced shareholding in Rolta India by 159 basis points to 14.36 percent at the end of September 2014 quarter from 15.95 percent as on June 30, 2014. On the other hand, Domestic institutional investors’ (DIIs) shareholding remained unchanged at 2.54 percent at the end of September 2014.

Meanwhile, non institutions were holding 31.33 percent stake at the end of September 2014 quarter, up 150 basis points from 29.83 percent as on June 30, 2014, while corporate bodies were holding 3.76 percent stake in the company at the end of September 2014 quarter, up 10 basis points from 3.66 percent as on June 30, 2014.

Further, promoters have raised shareholding in Rolta India by 35 basis points to 51.02 percent at the end of September 2014 quarter from 50.67 percent as on June 30, 2014.

Rolta India conducts business in India, and internationally through subsidiaries in various countries. Rolta is a leading provider of innovative IT solutions built around its intellectual property for many vertical segments, including Federal and State Governments, Defence, Homeland Security, Utilities, Process, Power, Financial Services, Manufacturing, Retail, and Healthcare.

Rolta India Share Price

7.05 0.00 (0.00%)
15-Apr-2024 15:31 View Price Chart
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