Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
14499.50
-377.30 (-2.54%)
< Home < Back

FIIs reduce stake in Maruti Suzuki

Date: 17-07-2014

Foreign institutional investors (FIIs) have reduced their stake in Maruti Suzuki to 22.04% in April-June quarter of FY15 as against 22.36% stake in January-March Quarter. However, domestic institutional investors (DIIs) have increased their holding to 14% in Q1 FY15 as compared to 13.60% in previous quarter.

Meanwhile, the promoters holding in the company stood at 56.21% while Non-Institutions held 7.75% stake in the company.

Recently, the company had registered jump of 33.50% in its total car sales (Domestic + Export) for the month of June 2014 at 112773 units, as against 84,455 units in June 2013. The company’s domestic sales also rose by 31.1% in June 2014 at 100964 units, as against 77002 units in corresponding month last year.