• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Port Info

• Ships in Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Raja Simhan T.E.

Chennai , July 31

FOREIGN Institutional Investors (FIIs) have increased their stake in Hexaware Technologies Ltd to 33.22 per cent during June 2005 quarter compared to 24.43 per cent in the April quarter and 23.12 per cent in December 2004 quarter, according to information available with the Bombay and National stock exchanges.

Among the FIIs, the GMO Emerging Markets Funds increased its stake in the company to 5.56 per cent in the June quarter compared to 2.67 per cent in the previous quarter and 1.65 per cent in December 2004 quarter.

However, other FIIs such as Citigroup Global Market Mauritius Pvt Ltd and Copthall Mauritius Investment marginally reduced their stakes in Hexaware during the June quarter.

CLSA Merchant bankers Ltd A/c Calyon, which was not in the list of FIIs holding stake of 1 per cent and above in the April quarter in Hexaware, ended the June quarter with a 2.17 per cent stake in the company.

Similarly, Deutsche Securities Mauritius, which was not in the April list of 1 per cent and above shareholding, ended the June quarter with a 1.61 per stake in the company, information available in the stock exchanges says.

On July 29, Hexaware's stock closed at Rs 101.70 on the BSE and Rs 102.70 on the NSE.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
UK nanotech firm to set up joint venture for outsourcing

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line