In the September quarter of FY23, prompted by a fall in shares, promoters of 11 BSE500 firms — Uno Minda, Infosys, Birlasoft, GMM Pfaudler, Bajaj Auto, NCC, Vardhman Textiles, Jindal Steel & Power, Strides Pharma Science, JM Financial and VIP Industries — raised stakes between 1-3%.
Cash takes centre stage as investors rethink AI spending boom
Investors are increasingly focused on technology companies’ cash generation capabilities to fund artificial intelligence investments. Microsoft and Oracle are gaining positive attention from investors, while