BSE 500 companies with change in promoters holding in March 2021
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.
The rising trend in the promoters’ stake shows the confidence that the promoters have in their company and is thus, a positive sign. On the other hand, the decreasing trend in the promoters’ stake may not be a healthy sign.
Here, we have listed down the top five companies (listed on BSE 500 index) in which promoters increased their stake along with another set of the top five companies in which promoters have decreased their stake in the quarter ended March 2021 from December 2020 quarter.
The top five companies with rising promoter stake are:
| Company Name |
Industry |
Mar-21 |
Dec-20 |
% change |
| IndusInd Bank Ltd. |
Bank - Private |
16.55 |
14.67 |
12.8% |
| Tata Motors Ltd. |
Automobiles-Trucks/Lcv |
46.41 |
42.39 |
9.5% |
| Hindustan Petroleum Corporation Ltd. |
Refineries |
53.50 |
51.57 |
3.7% |
| VRL Logistics Ltd. |
Logistics |
69.59 |
68.05 |
2.3% |
| Deepak Fertilisers & Petrochemicals Corporation Ltd. |
Fertilizers |
55.80 |
54.90 |
1.6% |
The top five companies with declining promoter stake:
| Company Name |
Industry |
Mar-21 |
Dec-20 |
% change |
| Future Consumer Ltd. |
Trading |
14.47 |
36.98 |
-60.9% |
| Indiabulls Real Estate Ltd. |
Construction - Real Estate |
11.99 |
23.38 |
-48.7% |
| Crompton Greaves Consumer Electricals Ltd. |
Consumer Durables - Domestic Appliances |
11.36 |
17.42 |
-34.8% |
| Future Retail Ltd. |
Retailing |
20.56 |
28.00 |
-26.6% |
| Adani Green Energy Ltd. |
Power Generation/Distribution |
56.05 |
74.92 |
-25.2% |
(Source : Ace Equity)