Blog Hindustan Copper Ltd. Shareholding Update: An Examination of Financial Performance for Quarter (Mar 2024)

Hindustan Copper Ltd. Shareholding Update: An Examination of Financial Performance for Quarter (Mar 2024)

Hindustan Copper Ltd. has unveiled its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on Mar-31st-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 Shares(in %) Current Quater Shares(in %) Quater to Quater Difference Current Quater Quantity(In Crores) Previous Quater Quantity(In Crores)
DII 13.69 12.28 -1.41 % 11.87 13.24
FII 2.05 3.13 +1.08 % 3.02 1.98
Promoters shareholding remained stable, at 66.14% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. Public shareholding remained consistent, holding steady at 33.86% in both December 2023 and March 2024. This indicates that the Public control over the company did not change during this period. Domestic Institutional Investor’s (DII) shareholding decreased slightly from 13.69% in December 2023 to 12.28% in March 2024 , indicating that domestic institutions reduced their -1.41 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 2.05% in December 2023 to 3.13% in March 2024. This suggests that foreign institutions grew their investments 1.08 in the company during the quarter. 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 Quater Shares (in %) Current Quater Shares (in %) Quater-to-Quater Difference (%) Current Quarter Quantity (In Crores) Previous Quarter Quantity (In Crores)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 10.82 11.46 + 0.64 % 11.083 10.463
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 3.26 3.41 + 0.15 % 3.299 3.151
Non Resident Indians (NRIs) 0.71 0.73 + 0.02 % 0.707 0.688
Bodies Corporate 1.87 1.55 -0.32 % 1.496 1.806
Any Other (specify) 1.44 1.29 -0.15 % 1.246 1.396
HUF 0.63 0.65 + 0.02 % 0.631 0.612
Clearing Members 0.02 0.16 + 0.14 % 0.159 0.016
LLP 0.76 0.43 -0.33 % 0.417 0.731
Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.64 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs lifts the bar with a remarkable 0.15 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Non Resident Indians (NRIs) lifts the bar with a remarkable 0.02 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.32 % variance in Bodies Corporate’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.15 % 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.Spearheading a savvy charge towards increased profitability, HUF lifts the bar with a remarkable 0.02 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Clearing Members lifts the bar with a remarkable 0.14 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.33 % variance in LLP’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.
Shareholder Name Previous Quater Shares (in %) Current Quater Shares (in %) Quater-to-Quater Difference (%) Current Quarter Quantity (In Crores) Previous Quarter Quantity (In Crores)
Mutual Funds/ 6.24 5.01 -1.23 % 4.846 6.035
Alternate Investment Funds 0.02 0.04 + 0.02 % 0.037 0.015
Banks 0.08 0 -0.08 % 0.000 0.074
Insurance Companies 7.36 7.23 -0.13 % 6.990 7.119
SBI PSU FUND 1.31 0 1.262
Mutual Funds/ decreased their stake from 5.01% in the previous quarter to 6.24% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -1.23 %.The latest quarter saw a considerable enhancement in profitability for Alternate Investment Funds, reflecting an uptick of 0.02 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.Banks decreased their stake from 0% in the previous quarter to 0.08% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.08 %.Insurance Companies decreased their stake from 7.23% in the previous quarter to 7.36% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.13 %.SBI PSU FUND had 1.31% of shares in the previous quarter but exited in the current quarter.
Shareholder Name Previous Quater Shares (in %) Current Quater Shares (in %) Quater-to-Quater Difference (%) Current Quarter Quantity (In Crores) Previous Quarter Quantity (In Crores)
Foreign Portfolio Investors Category I 2.05 3.13 + 1.08 % 3.024 1.983
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 1.08 % in net profit.

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