FIIs feasting on mid-caps

Raised stake in 119 of the CNX Mid Cap 200 stocks

FIIs holding in %

4-Mar

5-Mar

change

Satnam Overseas

8.54

31.08

22.54

Max India

3.98

23.25

19.27

Apollo Hospitals

11.46

27.90

16.44

Trent

6.91

21.66

14.75

GTL

5.76

20.27

14.51

Balrampur Chini

5.28

19.63

14.35

HCC

1.68

11.54

9.86

Abhishek Ind

0

9.66

9.66

Jindal Poly Films

0

9.47

9.47

Shyam Telecom

0.02

8.26

8.24

In Satnam Overseas, the FII holding went up from 22.54 per cent to 31.08 per cent during the quarter ended March 31, 2005, as against 8.54 per cent last year. Similarly, in Max India, the FII holding went up from 19.27 per cent to 23.25 per cent and in Apollo Hospitals, it rose by 16.44 per cent to 27.90 per cent during the same period.  In a few instance, the promoters either sold their stake through a private equity deal or in the open market to FIIs. In case of Abhishek Industries, where the FII holding went up by 9.66 per cent in the last one year, the promoters holding went down by 7.59 per cent during the same period.  In March 2005, Citigroup