Latest Shareholding Pattern Concord Biotech Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

Concord Biotech Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

Concord Biotech Limited 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 4.61 4.61 44.08 44.08 0
Public 5.85 5.85 40.46 40.98 +0.52 %
DII 0.89 0.89 8.46 8.46 0
FII 0.73 0.68 7 6.48 -0.52 %
Government 0 0 0 0 0
Promoters shareholding remained stable, at 44.08% 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 increased from 40.46% in December 2023 to 40.98% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding remained unchanged at 8.46% from December 2023 to March 2024. This indicates that domestic institutions maintained their investment level in the company. FIIs (Foreign Institutional Investors) shareholding decreased from 7% in December 2023 to 6.48% 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 .

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 0.483 0.539 4.62 5.15 + 0.53 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 0.224 0.202 2.14 1.93 -0.21 %
Non Resident Indians (NRIs) 0.222 0.227 2.12 2.17 + 0.05 %
Bodies Corporate 0.160 0.166 1.53 1.58 + 0.05 %
Any Other (specify) 3.120 3.130 29.82 29.91 + 0.09 %
Trusts 2.520 2.533 24.09 24.21 + 0.12 %
HUF 0.023 0.019 0.22 0.19 -0.03 %
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.53 %.Observations show a significant difference of -0.21 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.05 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.05 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.09 %.Leading the way to higher stakeholding, Trusts has significantly boosted stakeholding by an impressive 0.12 %.Observations show a significant difference of -0.03 % in HUF’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/ 0.592 0.538 5.65 5.15 -0.5 %
Alternate Investment Funds 0.029 0.040 0.28 0.38 + 0.1 %
Insurance Companies 0.259 0.301 2.47 2.88 + 0.41 %
Max Life Insurance Co Ltd A/C Participating Fund 0.169 0.159 1.62 1.52 -0.1 %
Mutual Funds/ decreased their stake from 5.15% in the previous quarter to 5.65% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.5 %.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.1 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.41 % in their shares.Max Life Insurance Co Ltd A/C Participating Fund decreased their stake from 1.52% in the previous quarter to 1.62% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.1 %.
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 0.697 0.634 6.66 6.06 -0.6 %
Government Pension Fund Global 0.209 0.226 1.99 2.16 + 0.17 %
Foreign Portfolio Investors Category II 0.035 0.045 0.34 0.43 + 0.09 %
Stakeholding dwindled by -0.6 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for Government Pension Fund Global, which experienced a significant increase of 0.17 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.09 % .

Amal N Parikh, Nishtha Jhunjhunwala Discretionary Trust, Aryavir Jhunjhunwala Discretionary Trust, Aryaman Jhunjhunwala Discretionary Trust, these shareholders are the Anchor investors of current and previous quarter.

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