MUMBAI: The share of retail investors in companies listed on the NSE rose to an all-time high of 7.6% during the quarter ended September from 7.5% a quarter ago. The share of holding by promoters fell to a four-year low of 41.6%, a report by Prime Database showed. The shares of both foreign and domestic institutional shareholders fell marginally during the quarter, to 18.4% and 16% respectively, the report showed.
During the quarter, the share of the government (as a promoter) increased to a five-year high of 8.79% as of September 2023.However, seen on a long-term basis, over a 14-year period the share of the government has declined considerably from 22.5% as on June 30, 2009, primarily due to the government’s divestment programme, not enough new listings of PSUs and lacklustre performance, said Pranav Haldea, MD,Prime Database Group.
During the quarter, the share of the government (as a promoter) increased to a five-year high of 8.79% as of September 2023.However, seen on a long-term basis, over a 14-year period the share of the government has declined considerably from 22.5% as on June 30, 2009, primarily due to the government’s divestment programme, not enough new listings of PSUs and lacklustre performance, said Pranav Haldea, MD,Prime Database Group.
