High net worth individuals (HNIs) upped stakes by over 10% in six smallcap companies in December quarter.
HNIs raised their stakes in the smallcap stocks Mittal Life Style, Gayatri Projects, Eros International Media, Kapston Services, Palred Technologies and Excel Realty N Infra.
In Mittal Life Style, HNIs owned 21.70% stake at the end of December quarter against 8% in Sept quarter.
HNIs upped stake in Gayatri Projects to 27.87% from 16.17%, up 11.70 percentage points.
In Eros International Media, they increased holding to 24.90% in Q3 from 13.39% in Q2.
HNIs owned 19.16% stake in Kapston Services as of Dec 31. This is against 8.01% in Sept quarter.
In Parled Tech, HNIs increased stake to 29.81% from 18.96%, up 10.85 percentage points.
HNI stake in Excel Realty N Infra rose 10.27 percentage points to 31.02% in Q3 from 20.75% in Q2.
In total, HNI stock holdings accounted for 1.89% of total NSE market capitalisation as on December 31, 2022 against 1.90% as on September 30.
Stocks mentioned in the story are for information purpose only. Investors or market participants should consult their financial advisors before taking any position