Share the post "Multi Commodity Exchange of India Ltd Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Multi Commodity Exchange of India Ltd has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This detailed report examines who owns shares, including Promoters, promoter groups, Foreign investors, public investors, and government entities.
| Shareholder Name | Previous Quater Quantity(In Crores) | Current Quater Quantity(In Crores) | Previous Quater Shares(in %) | Current Quater Shares(in %) | Quater to Quater Difference |
|---|---|---|---|---|---|
| Promoters | 0.00 | 0.00 | 0 | 0 | 0 |
| Public | 5.09 | 5.09 | 20.18 | 19.71 | -0.47 % |
| DII | 2.70 | 2.90 | 53.02 | 56.88 | +3.86 % |
| FII | 1.36 | 1.18 | 26.61 | 23.22 | -3.39 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 0% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public decreased from 20.18% in December 2023 to 19.71% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 53.02% in December 2023 to 56.88% in March 2024 , indicating that domestic institutions increased their stake in the company by 3.86% . FIIs (Foreign Institutional Investors) shareholding decreased from 26.61% in December 2023 to 23.22% in March 2024 ,indicating that foreign institutions reduced their investments by 1.5% in the company during the quarter. This suggests a pullback in their investment .During quater from December 2023 to March 2024, Goverenment ownership remained steady at 0%.This indicates that the government’s stake in the company remained consistent during this period.
Let’s look into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.
| Shareholder Name | Previous Quarter Quantity (In Crores) | Current Quarter Quantity (In Crores) | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.735 | 0.717 | 14.41 | 14.06 | -0.35 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.082 | 0.073 | 1.6 | 1.44 | -0.16 % |
| Non Resident Indians (NRIs) | 0.053 | 0.048 | 1.05 | 0.93 | -0.12 % |
| Bodies Corporate | 0.117 | 0.136 | 2.29 | 2.67 | + 0.38 % |
| Any Other (specify) | 0.040 | 0.029 | 0.79 | 0.58 | -0.21 % |
| HUF | 0.027 | 0.025 | 0.52 | 0.5 | -0.02 % |
| Clearing Members | 0.010 | 0.000 | 0.19 | 0 | -0.19 % |
Observations show a significant difference of -0.35 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.16 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.12 % in Non Resident Indians (NRIs)’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.38 %.Observations show a significant difference of -0.21 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.02 % in HUF’s financial performance between quarters.Observations show a significant difference of -0.19 % in Clearing Members’s financial performance between quarters.
| Shareholder Name | Previous Quarter Quantity (In Crores) | Current Quarter Quantity (In Crores) | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Mutual Funds/ | 1.567 | 1.767 | 30.73 | 34.65 | + 3.92 % |
| PGIM INDIA TRUSTEE PRIVATE LIMITED A/C – PGIM INDI | 0 | 0.051 | 0 | 1 | +1% |
| ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C | 0 | 0.053 | 0 | 1.03 | +1.03% |
| HDFC MUTUAL FUND – HDFC S&P BSE 500 ETF | 0.066 | 0.069 | 1.29 | 1.36 | + 0.07 % |
| ICICI PRUDENTIAL SMALLCAP FUND | 0 | 0.071 | 0 | 1.39 | +1.39% |
| SUNDARAM MUTUAL FUND – SUNDARAM AGGRESSIVE HYBRID | 0 | 0.079 | 0 | 1.54 | +1.54% |
| CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO MULTI | 0.085 | 0.082 | 1.67 | 1.6 | -0.07 % |
| SBI NIFTY SMALLCAP 250 INDEX FUND | 0 | 0.084 | 0 | 1.65 | +1.65% |
| INVESCO INDIA ARBITRAGE FUND | 0.090 | 0.097 | 1.76 | 1.9 | + 0.14 % |
| MOTILAL OSWAL NIFTY SMALLCAP 250 ETF | 0 | 0.109 | 0 | 2.14 | +2.14% |
| FRANKLIN INDIA OPPORTUNITES FUND | 0.136 | 0.128 | 2.67 | 2.51 | -0.16 % |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA MUL | 0 | 0.214 | 0 | 4.2 | +4.2% |
| HSBC MIDCAP FUND | 0 | 0.248 | 0 | 4.87 | +4.87% |
| Alternate Investment Funds | 0.047 | 0.062 | 0.93 | 1.21 | + 0.28 % |
| Insurance Companies | 0.285 | 0.267 | 5.59 | 5.23 | -0.36 % |
| TATA AIA LIFE INSURANCE CO LTD- LIFE EQUITY FUND-U | 0 | 0.225 | 0 | 4.42 | +4.42% |
| Other Financial Institutions | 0.039 | 0.039 | 0.76 | 0.77 | + 0.01 % |
| SBI LONG TERM EQUITY FUND | 0.065 | 0 | 1.27 | 0 | -1.27% |
| SUNDARAM MUTUAL FUND A/C SUNDARAM DIVIDEND YIELD F | 0.112 | 0 | 2.2 | 0 | -2.2% |
| HSBC ARBITRAGE FUND | 0.197 | 0 | 3.87 | 0 | -3.87% |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA NIF | 0.219 | 0 | 4.3 | 0 | -4.3% |
| TATA AIA LIFE INSURANCE COMPANY LIMITED A/C SMALL | 0.226 | 0 | 4.44 | 0 | -4.44% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 3.92 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for HDFC MUTUAL FUND – HDFC S&P BSE 500 ETF, reflecting an uptick of 0.07 % in their shares.CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO MULTI decreased their stake from 1.6% in the previous quarter to 1.67% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.07 %.The latest quarter saw a considerable enhancement in stakeholding for INVESCO INDIA ARBITRAGE FUND, reflecting an uptick of 0.14 % in their shares.FRANKLIN INDIA OPPORTUNITES FUND decreased their stake from 2.51% in the previous quarter to 2.67% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.16 %.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.28 % in their shares.Insurance Companies decreased their stake from 5.23% in the previous quarter to 5.59% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.36 %.The latest quarter saw a considerable enhancement in stakeholding for Other Financial Institutions, reflecting an uptick of 0.01 % in their shares.PGIM INDIA TRUSTEE PRIVATE LIMITED A/C – PGIM INDI had no shares in the previous quarter but now holds 1% of shares in the current quarter.ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C had no shares in the previous quarter but now holds 1.03% of shares in the current quarter.ICICI PRUDENTIAL SMALLCAP FUND had no shares in the previous quarter but now holds 1.39% of shares in the current quarter.SUNDARAM MUTUAL FUND – SUNDARAM AGGRESSIVE HYBRID had no shares in the previous quarter but now holds 1.54% of shares in the current quarter.SBI NIFTY SMALLCAP 250 INDEX FUND had no shares in the previous quarter but now holds 1.65% of shares in the current quarter.MOTILAL OSWAL NIFTY SMALLCAP 250 ETF had no shares in the previous quarter but now holds 2.14% of shares in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA MUL had no shares in the previous quarter but now holds 4.2% of shares in the current quarter.HSBC MIDCAP FUND had no shares in the previous quarter but now holds 4.87% of shares in the current quarter.TATA AIA LIFE INSURANCE CO LTD- LIFE EQUITY FUND-U had no shares in the previous quarter but now holds 4.42% of shares in the current quarter.SBI LONG TERM EQUITY FUND had 1.27% of shares in the previous quarter but exited in the current quarter.SUNDARAM MUTUAL FUND A/C SUNDARAM DIVIDEND YIELD F had 2.2% of shares in the previous quarter but exited in the current quarter.HSBC ARBITRAGE FUND had 3.87% of shares in the previous quarter but exited in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA NIF had 4.3% of shares in the previous quarter but exited in the current quarter.TATA AIA LIFE INSURANCE COMPANY LIMITED A/C SMALL had 4.44% of shares in the previous quarter but exited in the current quarter.
| Shareholder Name | Previous Quarter Quantity (In Crores) | Current Quarter Quantity (In Crores) | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Foreign Portfolio Investors Category I | 1.290 | 1.124 | 25.3 | 22.05 | -3.25 % |
| J P MORGAN FUNDS | 0.068 | 0.058 | 1.32 | 1.13 | -0.19 % |
| HSBC GLOBAL INVESTMENT FUNDS – INDIAN EQUITY | 0.065 | 0.077 | 1.27 | 1.51 | + 0.24 % |
| GOVERNMENT PENSION FUND GLOBAL | 0.175 | 0.153 | 3.43 | 2.99 | -0.44 % |
| WF ASIAN SMALLER COMPANIES FUND LIMITED | 0.252 | 0.211 | 4.95 | 4.14 | -0.81 % |
| Foreign Portfolio Investors Category II | 0.067 | 0.060 | 1.31 | 1.17 | -0.14 % |
Stakeholding dwindled by -3.25 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.19 % for J P MORGAN FUNDS in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for HSBC GLOBAL INVESTMENT FUNDS – INDIAN EQUITY, which experienced a significant increase of 0.24 % .Stakeholding dwindled by -0.44 % for GOVERNMENT PENSION FUND GLOBAL in comparison to the preceding quarter.Stakeholding dwindled by -0.81 % for WF ASIAN SMALLER COMPANIES FUND LIMITED in comparison to the preceding quarter.Stakeholding dwindled by -0.14 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.
