Radhakishan Damani has trimmed his stake in courier company Blue Dart Express in Q4FY22. However, it seems that mutual funds and foreign portfolio investors (FPIs) have not been affected by this change in Radhakishan Damani portfolio. Both mutual funds and FPIs have increased stake in Blue Dart in the January-March 2022 quarter, despite only a handful of investors holding stake in the company.
Radhakishan Damani Reduced its stake in the company from 1.47 percent to 1.40 percent blue dart express During Q4 FY2021-22, but mutual funds increased their stake in the company from 3.38 per cent to 3.69 per cent, while FPIs increased their stake from 3.21 per cent to 3.25 per cent in the last quarter of the recently ended March 2022 quarter.
Mutual Fund stake in Blue Dart Express
As per the Blue Dart shareholding pattern for the January to March 2022 quarter, the mutual fund held 8,76,561 shares or 3.69 per cent stake in the company, while in the December 2021 quarter, they held 8,02,738 shares or 3.38 per cent stake in the company. , This means that the mutual fund has increased its stake by buying 73,823 new shares or 0.31 per cent stake in the company.
FPI’s stake in Blue Dart Express
As per the Blue Dart shareholding pattern for Q4FY22, FPIs held 7,70,148 shares or 3.25 per cent stake in the company, while they held 7,61,986 shares or 3.21 per cent stake in the company in the December 2021 shareholding pattern of Blue Dart. Hence, FPIs bought 8,162 new shares or 0.04 per cent stake in the company in Q4FY2022.
Radhakishan Damani’s stake in Blue Dart
In the company’s shareholding pattern for the March 2022 quarter, Radhakishan Damani holds 3,31,770 shares or 1.40 per cent stake in the company, as against 3,48,770 shares or 1.47 per cent stake in the company in December 2021. company. Therefore, an ace investor reduced stake by selling 17,000 shares or 0.07 per cent stake in the company during the January to March 2022 quarter.