Buoyant on the rising markets, India’s top 10 companies by retail shareholders added a total of 400,000 investors during the three-month period ended December, with Yes Bank topping the charts for the fifth straight quarter.
The number of firms having more than 1 million retail shareholders rose to 26 from 24 on September 30, 2023, with fintech major Paytm and public sector unit NHPC crossing the milestone. Paytm had more than 1 million retail shareholders as of June 2023, but dipped below the mark in September, according to data sourced from Capitaline.
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