 "FPI, foreign investments, investors, FDI, funding, growth, market")
YES Bank and PB Fintech (PolicyBazaar) saw the highest increase in stake by foreign portfolio investors (FPIs) during the October-December quarter (third quarter, or Q3) of 2022-23 (FY23).
Gayatri Projects and New Delhi Television (NDTV), however, saw the highest reduction in stake, reveals data collated by PRIME Database.
Foreign institutional investors raised their stake in YES Bank by 11 percentage points (ppt), in PolicyBazaar owner PB Fintech by 10.8 ppt, and Servotech Power Systems by 9.4 ppt.
Conversely, FPIs pruned their stake in Gayatri Projects by 10.09 ppt and NDTV by 9.4 ppt.
The change in FPI ownership in the
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