BSE 500 companies with change in promoters holding in December 2020
Promoters’ holding in a company is one of the important parameters considered while making the fundamental analysis of the company.
Promoters’ stake means the number of shares that are held by the promoters out of the total number of shares in the company.
A rising trend in the promoters’ stake shows the confidence that the promoters have in their company and is thus, a positive sign whereas, the decreasing trend in the promoters’ stake may not be a healthy sign.
We have considered the companies listed on BSE 500 index and have listed down the top five companies, in which, promoters have increased their stake as well as another set of the top five companies, in which, promoters have decreased their stake in the quarter ended December 2020 from September 2020.
The top five companies with a rising promoter stake are:
| Company Name |
Industry |
Market Cap (Rs in Cr) |
Dec-20 |
Sep-20 |
% change |
| Indus Towers Ltd. |
Telecommunication - Service Provider |
66740.11 |
69.85 |
53.51 |
30.54% |
| Vedanta Ltd. |
Metal - Non Ferrous |
69195.57 |
55.11 |
50.14 |
9.91% |
| Tata Chemicals Ltd. |
Chemicals |
14303.29 |
37.98 |
35.47 |
7.08% |
| HFCL Ltd. |
Telecommunication - Equipment |
3647.63 |
42.05 |
39.73 |
5.84% |
| Deepak Fertilisers & Petrochemicals Corporation Ltd. |
Fertilizers |
1620.77 |
54.90 |
52.20 |
5.17% |
The top five companies with declining promoter stake are:
| Company Name |
Industry |
Market Cap (Rs in Cr) |
Dec-20 |
Sep-20 |
% change |
| Dish TV India Ltd. |
TV Broadcasting & Software Production |
2211.39 |
8.51 |
12.81 |
-33.57% |
| Crompton Greaves Consumer Electricals Ltd. |
Consumer Durables - Domestic Appliances |
25616.06 |
17.42 |
26.19 |
-33.49% |
| Indian Railway Catering & Tourism Corporation Ltd. |
Travel Services |
25894.40 |
67.40 |
87.40 |
-22.88% |
| Max Financial Services Ltd. |
Finance - Others |
26804.89 |
17.26 |
22.33 |
-22.70% |
| Bliss GVS Pharma Ltd. |
Pharmaceuticals & Drugs |
1869.02 |
33.31 |
41.60 |
-19.93% |
(Source : Ace Equity)