Five-Star Business Finance witnessed a notable surge in FII holdings, reaching an all-time high of 50.2% during the September quarter. FIIs held an 8.7% stake in the company during the preceding June quarter.
Thanks to the strong buying by domestic institutions and retail investors, India became one of the best-performing markets globally this month. Domestic institutional investors have poured in about Rs 85,900 crore ($1 billion) so far in September.