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Shareholding Pattern: Shareholding Pattern Bharat Heavy Electricals FY(Q1-Jun 2023-2024)

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Bharat Heavy Electricals has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q1-Jun 2024-2024).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 219.97 219.97 63.17 63.17 0
Public 128.24 128.24 12.14 12.7 +0.56 %
DII 55.52 52.32 15.94 15.03 -0.91 %
FII 30.48 31.68 8.75 9.1 +0.35 %
Government 0.00 0.00 0 0 0
Promoters shareholding remained stable, at 63.17% in both March 2024 and June 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public increased from 12.14% in March 2024 to 12.7% in June 2024.This change suggests that the public’s investment in the company grew during the quarter.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 15.94% in March 2024 to 15.03% in June 2024 , indicating that domestic institutions reduced their -0.91 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 8.75% in March 2024 to 9.1% in June 2024. This suggests that foreign institutions grew their investments 0.35 in the company during the quarter. During quater from March 2024 to June 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 34.266 37.320 9.84 10.72 + 0.88 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 1.691 1.521 0.49 0.44 -0.05 %
Non Resident Indians (NRIs) 1.737 1.607 0.5 0.46 -0.04 %
Bodies Corporate 2.181 1.989 0.63 0.57 -0.06 %
Any Other (specify) 2.306 1.745 0.66 0.5 -0.16 %
HUF 1.202 1.186 0.35 0.34 -0.01 %
Clearing Members 0.661 0.145 0.19 0.04 -0.15 %
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.88 %.Observations show a significant difference of -0.05 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.04 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.06 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.16 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.01 % in HUF’s financial performance between quarters.Observations show a significant difference of -0.15 % 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/ 20.005 18.672 5.75 5.36 -0.39 %
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND 4.632 4.460 1.33 1.28 -0.05 %
Alternate Investment Funds 1.599 1.710 0.46 0.49 + 0.03 %
Banks 0.633 0.437 0.18 0.13 -0.05 %
Insurance Companies 33.249 31.196 9.55 8.96 -0.59 %
LIFE INSURANCE CORPORATION OF INDIA 28.474 25.539 8.18 7.33 -0.85 %
Provident Funds/ Pension Funds 0.025 0.301 0.01 0.09 + 0.08 %
QUANT MUTUAL FUND-QUANT MID CAP FUND 3.569 0 1.02 0 -1.02%
Mutual Funds/ decreased their stake from 5.36% in the previous quarter to 5.75% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.39 %.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND decreased their stake from 1.28% in the previous quarter to 1.33% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.05 %.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.03 % in their shares.Banks decreased their stake from 0.13% in the previous quarter to 0.18% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.05 %.Insurance Companies decreased their stake from 8.96% in the previous quarter to 9.55% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.59 %.LIFE INSURANCE CORPORATION OF INDIA decreased their stake from 7.33% in the previous quarter to 8.18% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.85 %.The latest quarter saw a considerable enhancement in stakeholding for Provident Funds/ Pension Funds, reflecting an uptick of 0.08 % in their shares.QUANT MUTUAL FUND-QUANT MID CAP FUND had 1.02% 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 28.863 30.473 8.29 8.75 + 0.46 %
GOVERNMENT OF SINGAPORE 0 4.649 0 1.34 +1.34%
Foreign Portfolio Investors Category II 1.621 1.204 0.47 0.35 -0.12 %
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.46 % .Stakeholding dwindled by -0.12 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.GOVERNMENT OF SINGAPORE had no shares in the previous fiii quarter but now holds 1.34% of shares in the current quarter.
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