Eight stocks where retail holding surged in Q4 as MFs & FIIs sold
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One of the biggest retail bets of the quarter was Majesco, where retail holding jumped by a whopping 39.65 percentage points to 60.79 per cent from 21.14 per cent at the end of December quarter. Both FPIs and mutual funds dumped the stock during the period.
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Recent debutant Burger King India also saw retail buying, even as the scrip has lost one-fourth of its value year to date.
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NEW DELHI: Even as the second wave of Covid-19 halted the market momentum from the middle of the March quarter, one set of companies saw retail investors buy into them heavily, latest shareholding data showed.
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