The Institutional ownership of 3M India Limited is 8.78%
Institutional Ownership is the amount of a company’s available stock owned by mutual or pension funds, insurance companies, investment firms, endowments or other large entities that manage funds on the behalf of others.
Given the considerable sums of money that institutions invest, it is not surprising that they tend to be much more knowledgeable than the average investor when it comes to the companies and industries in which they have invested.
Institutional portfolio managers often meet personally with a company's top executives, and in many cases the research they conduct is further supported by equity analysts who evaluate prospective companies and industries in great depth before making specific investment recommendations.
3M India Limited engages in the manufacture and trade of various products for health care, manufacturing, automotive, safety, electronics, energy, commercial solutions, transportation, and design and construction industries in India. The company operates through four segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial segment offers vinyl, polyester, foil, and specialty industrial tapes and adhesives, such as scotch masking tapes, scotch filament and packaging tapes, functional and decorative graphics, abrasion-resistant films, masking tapes, and other specialty materials. This segment serves industrial, electrical, and safety markets. The Health Care segment provides medical and surgical supplies; medical devices; skin and wound care, as well as infection prevention products and solutions; drug delivery systems; dental and orthodontic products; and food safety products. The Transportation and Electronics segment offers personal protection products, brand and asset protection solutions, border control products, passive fire protection products for industries and commercial establishments, track and trace products, and cleaning and hygiene products for the hospitality industry. The Consumer segment provides home improvement, stationery and office supplies, home care, and consumer health care. This segment also includes retail auto care product lines, such as office supply, stationery, home improvement (do-it-yourself), home care, protective material, consumer retail personal safety, and consumer healthcare products. The company also exports its products. The company was incorporated in 1987 and is based in Bengaluru, India. 3M India Limited operates as a subsidiary of 3M Company.