Among the top 10 companies with the highest number of small individual shareholders within the top 500, only three — Tata Steel Ltd, Reliance Industries Ltd, and YES Bank Ltd — delivered returns comparable to State Bank of India’s fixed deposit rate of 6.05 per cent for a tenure of 211 days to under one year Advertisement

Suzlon Energy, which has 55,69,839 retail investors as of latest disclosures, declined 22 per cent in Samvat 2081. PSU Indian Railway Finance Corporation Ltd (IRCTC), which has 52,71,007 retail investors, plunged 21 per cent during the same period. Tata Power Company Ltd has lost 10 per cent while JIO Financial Services Ltd declined 5 per cent in the Hindu calendar. Vodafone Idea rose 6 per cent while Reliance Power Ltd added 4 per cent during the period.

Tata Steel Lt

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