GITA RENEWABLE ENERGY LIMITED 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 | 0.29 | 0.29 | 70.28 | 69.93 | -0.35 % |
| Public | 0.12 | 0.12 | 29.72 | 30.07 | +0.35 % |
| DII | 0 | 0 | 0 | 0 | 0 |
| FII | 0 | 0 | 0 | 0 | 0 |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 70.28% in December 2023 to 69.93% in March 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.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 (%) |
|---|---|---|---|---|---|
| AVANTIKA GUPTA . | 0 | 0.037 | 0 | 8.94 | +8.94% |
| SUDHA GUPTA | 0.024 | 0.027 | 5.78 | 6.58 | + 0.8 % |
| VANDANA GUPTA . | 0 | 0.006 | 0 | 1.4 | +1.4% |
| RENU DEVI JALAN | 0.000 | 0.000 | 0.01 | 0 | -0.01 % |
| AVANTIKA GUPTA | 0.037 | 0 | 8.94 | 0 | -8.94% |
| VANDANA GUPTA | 0.006 | 0 | 1.4 | 0 | -1.4% |
| GITA DEVI . | 0.003 | 0 | 0.79 | 0 | -0.79% |
| ROOP CHAND BETALA | 0.001 | 0 | 0.35 | 0 | -0.35% |
SUDHA GUPTA has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 0.8 % 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.RENU DEVI JALAN faced a downturn in profitability this quarter, witnessing a decline of -0.01 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.AVANTIKA GUPTA . had no shares in the previous quarter but now holds 8.94% of shares in the current quarter.VANDANA GUPTA . had no shares in the previous quarter but now holds 1.4% of shares in the current quarter.AVANTIKA GUPTA had 8.94% of shares in the previous quarter but exited in the current quarter.VANDANA GUPTA had 1.4% of shares in the previous quarter but exited in the current quarter.GITA DEVI . had 0.79% of shares in the previous quarter but exited in the current quarter.ROOP CHAND BETALA had 0.35% 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 (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.065 | 0.066 | 15.78 | 16.11 | + 0.33 % |
| Non Resident Indians (NRIs) | 0.002 | 0.002 | 0.44 | 0.43 | -0.01 % |
| Bodies Corporate | 0.038 | 0.038 | 9.23 | 9.29 | + 0.06 % |
| Any Other (specify) | 0.007 | 0.007 | 1.82 | 1.79 | -0.03 % |
| HUF | 0.004 | 0.004 | 1.09 | 1.07 | -0.02 % |
Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.33 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % variance in Non Resident Indians (NRIs)’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, Bodies Corporate lifts the bar with a remarkable 0.06 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.03 % variance in Any Other (specify)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.02 % variance in HUF’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.