Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
14876.80
-364.15 (-2.39%)
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FIIs hike stake in Maruti Suzuki during Q4FY14

Date: 21-04-2014

Foreign Institutional Investors (FIIs) have raised their stake in Maruti Suzuki India, the largest passenger cars maker in India to 22.36% during Q4FY14 from 21.47% as on December 31, 2013.

On the other hand, domestic institutional investors’ (DIIs) shareholding went down to 13.60% at the end of March 2014 quarter from 13.98% as on December 31, 2013. Under DIIs, financial institutions / banks held maximum stake of 7.78%, followed by mutual funds/UTI (5.82% stake). Meanwhile, promoter and promoter group shareholding was unchanged at 56.21% at the end of March 2014 quarter.