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15 cos see rise in institutional investments

FE Report | January 05, 2020 00:00:00


Some 15 listed companies witnessed rise in institutional investments in the just concluded calendar year due to increased interest of institutional investors.

The companies under A and B-categories witnessed rise of institutional investments between 3.0 per cent and 10 per cent in November compared to October, 2019.

They have not yet disclosed the figures of institutional investments stood at the end of December of the just concluded calendar year.

As on October 31, 2019 institutional investors held 16.80 per cent shares in City General Insurance Company, a 'B' category company.

Later, institutional investments rose 3.40 per cent to close at 20.20 per cent by November 30, 2019.

Institutional investors held 11.21 per cent shares in Kattali Textile, an 'A' category company, as on October 31, 2019.

On November 30, 2019 institutional investments rose to 20.33 per cent in Kattali Textile with a rise of 9.12 per cent.

In Paramount Textile, a 'B' category company, institutional investments rose by 7.95 per cent to close at 15.05 per cent as on November 30, 2019.

The amount of institutional investments in the company was 7.10 per cent as on October 31, 2019.

Fortune Shoes, an 'A' category company, witnessed 17.18 per cent institutional investments as on October 31, 2019.

Later, the institutional investments rose to 23.10 per cent on November 30 with a rise of 5.92 per cent from the amount observed in October.

The amount of institutional investments was 16.42 per cent in Central Pharmaceuticals as on October 31.

Later, institutional investments in the company rose 5.56 per cent to close at 21.98 per cent as on November 30.

By November 30, institutional investments in National Feed Mills rose 4.21 per cent to close at 23.85 per cent from the amount observed on October 31.

Of other companies, Janata Insurance, New Line Clothings, Sea Pearl Resorts, Dragon Sweater and Spinning, Republic Insurance, Active Fine Chemicals, GSP Finance, Al-Haj Textile and Alif Manufacturing witnessed above 3.0 per cent rise in institutional investments during October to November, 2019.

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