Shareholding shifts in HDFC Bank: Between June and September 2016, institutional shareholders - FII/FPI and DIIs - increased their shareholding in HDFC bank from 53.49% to 53.82%.
HDFC Bank's meeting yesterday with Lone Pine Capital - the hedge fund managed by Stephen Mandel, with a portfolio worth over $23.4 billion - suggests that institutional investors are looking closely at Indian banks post demonetization, at a time when banks like HDFC may be priced attractively, being up 26.98% from a 52-week low.