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FIIs cut stake in Infosys during Q3

08 Jan 2015 Evaluate

Foreign institutional investors (FIIs) have decreased their holdings in Infosys by nearly 109 basis points to 41.58% at the end of the third quarter from 42.67% in the second quarter ended September 30, 2014. Besides, total promoter shareholding in the company has decreased by 300 basis points to 13.80% from 15.92% in past three months. This is the sharpest quarterly stake sale by promoters in percentage terms during past one decade.

Infosys is a global leader in consulting, technology and outsourcing solutions. The company enables clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition.

Peers
Company Name CMP
TCS 2410.00
Infosys 1140.00
HCL Technologies 1376.60
Wipro 194.50
Tech Mahindra 1765.40
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