Shareholding moves in Q4: Million new investors flocked to these cos

While some companies gained investor traction, others saw significant pullback in retail ownership

- Mayur Bhalerao

The growing clout of retail investors is hard to ignore, and so are their bets. In the March quarter, individual investors—those holding shares worth up to ₹2 lakh—doubled down on financial services, auto and depository firms. These stocks faced steep corrections—some falling as much as 30%—yet they collectively attracted over a million new individual shareholders, on a sequential basis, defying the broader market sentiment.

The ones that saw this investor surge include Central Depository Services (India) Ltd (CDSL), Jio Financial Services, Tata Motors, and Eternal, each witnessing a steady rise in retail participation despite their declining share prices.