Share the post "Shareholding Pattern: Shareholding Pattern East Coast Steel Ltd An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
East Coast Steel Ltd has unveiled its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This comprehensive report offers a deep dive into the company’s shareholding landscape, including details on Promoters, promoter groups, Foreign investors, public investors, and government entities. Through meticulous comparative analysis, it tracks the evolution of shareholding percentages and quantities, highlighting any shifts in ownership dynamics. Investors gain invaluable insights into the company’s ownership structure and the evolving investment landscape.
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 | 0.10 | 0.11 | 19.09 | 19.82 | +0.73 % |
Public | 0.44 | 0.43 | 80.44 | 79.71 | -0.73 % |
DII | 0.00 | 0.00 | 0.47 | 0.47 | 0 |
FII | 0 | 0 | 0 | 0 | 0 |
Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding increased from 19.09% in December 2023 to 19.82% in March 2024. This rise indicates that the promoters have strengthened their control over Company during this period.The percentage of shares held by the public decreased from 80.44% in December 2023 to 79.71% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0.47% from December 2023 to March 2024. This indicates that domestic institutions maintained their investment level in the company. 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 delve deeper 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 Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
---|---|---|---|---|---|
PRUTHVIRAJ SOMCHAND PARIKH | 0.001 | 0.005 | 0.16 | 0.89 | + 0.73 % |
PRUTHVIRAJ SOMCHAND PARIKH has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 0.73 % in net profit. This signifies adept cost management strategies, amplified revenue streams, or a harmonious blend of both, underscoring the shareholder’s positive impact on the company’s financial health.
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 | 0.147 | 0.145 | 27.25 | 26.82 | -0.43 % |
Non Resident Indians (NRIs) | 0.008 | 0.008 | 1.45 | 1.56 | + 0.11 % |
Bodies Corporate | 0.188 | 0.186 | 34.87 | 34.44 | -0.43 % |
Any Other (specify) | 0.023 | 0.023 | 4.19 | 4.22 | + 0.03 % |
HUF | 0.003 | 0.003 | 0.52 | 0.55 | + 0.03 % |
Observations indicate a sizeable -0.43 % variance in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Spearheading a savvy charge towards increased profitability, Non Resident Indians (NRIs) lifts the bar with a remarkable 0.11 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.43 % variance in Bodies Corporate’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Spearheading a savvy charge towards increased profitability, Any Other (specify) lifts the bar with a remarkable 0.03 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, HUF lifts the bar with a remarkable 0.03 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.
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