Zerodha Broking is India’s largest stockbroker and is credited with pioneering the discount broking strategy in the country. Zerodha is India’s most technologically advanced stock broker and It has created a variety of trading software for its clients.
As per corporate shareholdings filed as of June 30, 2023, Zerodha Broking publicly holds 3 stocks with a net worth of over Rs. 567.4 Cr.
Here are three stocks in which Zerodha Broking has a stake of up to 1.26%
Federal Bank Ltd
On Thursday, Federal Bank Ltd shares were trading at Rs 145 a share, up 0.80 percent from the previous close price of Rs 143.80. The company has a market valuation of Rs 34,061 crore.
As of Q1 FY24, Zerodha Broking holds a 1.07 percent stake out of the 42.28 percent stake held by Domestic institutional investors in the company. Retail investors hold 31.44 percent and Foreign institutional investors hold a 26.27 percent stake in the company.
The company’s share price has gained 7 percent in the last six months and 22 percent in the last year. The company’s profitability ratios have improved over the recent financial year with a return on equity at 14.30 percent and a return on capital employed at 1.93 percent. While the company’s net profit margin has increased to 17.82 percent.
The Federal Bank Limited offers retail and corporate banking, as well as para banking services such as debit cards and third-party product distribution, as well as treasury and foreign currency trading.
RBL Bank Ltd
RBL Bank Ltd shares were trading at Rs 232.85 a share on Thursday, down 0.30 percent from the previous close price of Rs 233.50. The company has a market capitalization of Rs 13,994 crore.
As of Q1 FY24, Zerodha Broking holds a 1.26 percent stake out of the 18.33 percent stake held by Domestic institutional investors in the company. Retail investors hold 53.38 percent and Foreign institutional investors hold a 28.27 percent stake in the company.
The company’s share price has increased by 41 percent in the previous six months and by 89 percent in the last year. The company’s profitability ratio for the most recent fiscal year has improved with a return on equity of 6.79 percent and a return on capital employed of 2 percent. while the company’s net profit margin increased to 9.62 percent.
RBL Bank is a banking company engaged in providing a wide range of banking and financial services including wholesale banking, treasury operations, and other banking-related activities.
CarTrade Tech Ltd
On Thursday, CarTrade Tech Ltd shares were trading at Rs 596.05 a share, down 1.20 percent from the previous close price of Rs 603.40. The company has a market valuation of Rs 2,803 crore.
As of Q1 FY24, Zerodha Broking holds a 1.18 percent stake out of the 4.61 percent stake held by Domestic institutional investors in the company. The retail investors hold 25.69 percent and Foreign institutional investors hold a 69.69 percent stake in the company.
The company’s share price has gained 25 percent in the last six months and 26 percent on a year-on-year-to-date basis.
The company’s profitability ratios have improved over the recent financial year with a return on equity at 1.63 percent and a return on capital employed at 2.34 percent. While the company’s net profit margin has increased to 20.83 percent.
CarTrade Tech Ltd is a multi-channel auto platform provider company that connects new and used automobile customers, with coverage and presence across vehicle types and Value Added Services.
Written By Omkar Chitnis
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
