PG Electroplast Shares Plunge for 11th Day, Retail Investors Trim Stake

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CNBC TV18•21-01-2026, 12:35
PG Electroplast Shares Plunge for 11th Day, Retail Investors Trim Stake
- •PG Electroplast shares fell for the 11th consecutive trading session on January 11, marking its longest losing streak.
- •The stock has declined 16% over the last 11 trading sessions, losing all gains made since January 5.
- •Small retail shareholders reduced their stake in PG Electroplast to 16.5% in the December quarter from 18.78% in September.
- •This is the first time since December 2024 that retail investors have trimmed their stake in the company.
- •Conversely, Indian Mutual Funds increased their stake to 18.68% from 14.48%, with prominent funds like ICICI Prudential and Motilal Oswal holding shares.
Why It Matters: PG Electroplast faces its longest losing streak as retail investors reduce holdings, while MFs increase stake.
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