Promoter holding is the percentage of a company’s shares owned by its founders, major stakeholders, or individuals who played a role in its formation.
Promoter holding is calculated as the percentage of total shares held by promoters divided by the total number of outstanding shares, then multiplied by 100.
Higher promoter holding indicates more confidence and commitment from those who have had a significant impact on the company’s trajectory, and vice versa.
Housing & Urban Development Corporation Ltd
Housing and Urban Development Corporation Limited is a technology financing company. The company specializes in housing and infrastructure project finance (including retail lending) and offers consulting services.
On Thursday, the share price of the company rose 6% and closed at ₹219.05 per share from its previous close of ₹206.35 with a market capitalization of ₹42,800 crores.
The company’s major share was held by the promoters which is 75.17%, the foreign institutional investor held 1.20%, the domestic institutional investor held 11.80% and the retail investor held an 11.83% stake in the company.
Housing & Urban Development Corporation Ltd’s net revenue of the company rose by 7% from ₹1,739 crores in Q2FY23 to ₹1,865 crores in Q2FY24 and the net profit rose by 14% from ₹396 crores in Q2FY23 to ₹452 crores in Q2FY24.
Housing and Urban Development Corporation Limited is a multi-bagger stock, the share price of the company rose by 361%, for instance, if an investor invested ₹1 Lakh the current value of the investment would be 4.61 lakhs.
Shyam Metalics & Energy Ltd
Shyam Metalics and Energy Ltd is a metal production company. It manufactures and sells ferroalloys, iron, and steel products, and generates power. Its product offerings include iron pellets, sponge iron, billets, thermo-mechanically treated (TMT) bars, structural steel, wire rods, power, ferroalloys, and aluminum foil.
The share price of Shyam Metalics and Energy Ltd opened higher by 1.4% at ₹711.85 per share from its previous close of ₹701.75 on Thursday with a market capitalization of ₹19,880 crores.
The company’s major share was held by the promoters which is 74.6%, the foreign institutional investor held 3.2%, the domestic institutional investor held 4.7% and the retail investor held a 17.5% stake in the company.
Shyam Metalics and Energy Ltd’s net revenue of the company rose by 13.4% from ₹2,922 crores in Q3FY23 to ₹3,315 crores in Q3FY24 and the net profit rose by 93.8% from ₹65 crores in Q3FY23 to ₹126 crores in Q3FY24.
Shyam Metalics & Energy Ltd is a multi-bagger stock, the share price of the company rose by 137%, for instance, if an investor invested ₹1 Lakh the current value of the investment would be 2.37 lakhs.
ICICI Securities Ltd
ICICI Securities Limited is a securities company that uses integrated technology. The company provides a variety of services, including retail and institutional broking, financial product distribution, private wealth management, and issuer and advisory.
The share price of ICICI Securities Limited opened at 0.8% down at ₹815.95 per share from its previous close of ₹823.35 on Friday, with a market capitalization of ₹26,470 crores.
The promoters owned 74.77% of the company, while foreign institutional investors owned 10.33%, domestic institutional investors owned 6.35%, and retail investors owned 8.55%.
ICICI Securities Limited’s share price has risen 29% in the last six months and 66% last year.
ICICI Securities Ltd’s net revenue of the company rose by 50% from ₹879 crores in Q3FY23 to ₹1,323 crores in Q3FY24 and the net profit rose by 65% from ₹281 crores in Q3FY23 to ₹466 crores in Q3FY24.
Written by Sriram KV
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