Retail Investors Increase Holdings in Q1 in 5 Stocks Which Have Fallen 6-24%

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Retail Investors Increase Holdings in Q1 in 5 Stocks Which Have Fallen 6-24%

By Aditya Raghunath

Investing.com -- Retail investors have increased their holdings in Q1 FY22 in these five stocks across sectors but they haven’t been rewarded. The stocks have fallen between 6-23% since March 31, and it looks unlikely that they will change course anytime soon.

Analysts believe that these stocks are over-valued and except Escorts , no other stock has a buy call.

  1. Mahindra and Mahindra (NS: MAHM ) Financial Services Ltd (NS: MMFS )

Public holding on March 31: 10.6%
Public holding on June 30: 13.1%
Share price on March 31: Rs 198.95
Share price on August 2: Rs 151.75
Percentage drop: 24%

2. CEAT Ltd (NS: CEAT )

Public holding on March 31: 12.6%
Public holding on June 30: 15.5%
Share price on March 31: Rs 1,556.55
Share price on August 2: Rs 1,366.2
Percentage drop: 12%

  1. Affle India Ltd (NS: AFFL )

Public holding on March 31: 13.2%
Public holding on June 30: 14.9%
Share price on March 31: Rs 5,457.8
Share price on August 2: Rs 4278
Percentage drop: 22%

  1. RBL Bank Ltd (NS: RATB )

Public holding on March 31: 42.7%
Public holding on June 30: 44.3%
Share price on March 31: Rs 207.55
Share price on August 2: Rs 195
Percentage drop: 6%

  1. Escorts Ltd (NS: ESCO )

Public holding on March 31: 29.7%
Public holding on June 30: 34.4%
Share price on March 31: Rs 1,287.8
Share price on August 2: Rs 1,201.3
Percentage drop:7%

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