Laurus Labs 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 | 14.65 | 14.65 | 27.19 | 27.19 | 0 |
| Public | 39.24 | 39.24 | 36.28 | 35.07 | -1.21 % |
| DII | 6.00 | 6.34 | 11.14 | 11.77 | +0.63 % |
| FII | 13.68 | 14.00 | 25.39 | 25.97 | +0.58 % |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 27.19% 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 decreased from 36.28% in December 2023 to 35.07% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 11.14% in December 2023 to 11.77% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.63% . FIIs (Foreign Institutional Investors): There was a significant increase from 25.39% in December 2023 to 25.97% in March 2024. This suggests that foreign institutions grew their investments 0.58 in the company during the quarter.
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 | 8.605 | 8.154 | 15.97 | 15.13 | -0.84 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 4.876 | 4.753 | 9.05 | 8.82 | -0.23 % |
| AKASH BHANSHALI | 0.705 | 0.715 | 1.31 | 1.33 | + 0.02 % |
| Non Resident Indians (NRIs) | 1.016 | 1.022 | 1.89 | 1.9 | + 0.01 % |
| Bodies Corporate | 4.387 | 4.320 | 8.14 | 8.01 | -0.13 % |
| BARCLAYS WEALTH TRUSTEES INDIA PRIVATE LIMITED | 0.707 | 0.663 | 1.31 | 1.23 | -0.08 % |
| Any Other (specify) | 0.635 | 0.613 | 1.18 | 1.14 | -0.04 % |
| HUF | 0.244 | 0.230 | 0.45 | 0.43 | -0.02 % |
| Clearing Members | 0.007 | 0.000 | 0.01 | 0 | -0.01 % |
Observations show a significant difference of -0.84 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.23 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, AKASH BHANSHALI has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.13 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.08 % in BARCLAYS WEALTH TRUSTEES INDIA PRIVATE LIMITED’s financial performance between quarters.Observations show a significant difference of -0.04 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.02 % in HUF’s financial performance between quarters.Observations show a significant difference of -0.01 % 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/ | 3.008 | 3.599 | 5.58 | 6.68 | + 1.1 % |
| MIRAE ASSET LARGE & MIDCAP FUND | 0 | 1.622 | 0 | 3.01 | +3.01% |
| Insurance Companies | 2.797 | 2.557 | 5.19 | 4.75 | -0.44 % |
| TATA AIA LIFE INSURANCE CO LTD-PENSION EQUITY FUND | 0.605 | 0 | 1.12 | 0 | -1.12% |
| Other Financial Institutions | 0.005 | 0 | 0.01 | 0 | -0.01% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 1.1 % in their shares.Insurance Companies decreased their stake from 4.75% in the previous quarter to 5.19% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.44 %.MIRAE ASSET LARGE & MIDCAP FUND had no shares in the previous quarter but now holds 3.01% of shares in the current quarter.TATA AIA LIFE INSURANCE CO LTD-PENSION EQUITY FUND had 1.12% of shares in the previous quarter but exited in the current quarter.Other Financial Institutions had 0.01% 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 | 13.284 | 13.570 | 24.65 | 25.18 | + 0.53 % |
| KOTAK FUNDS – INDIA MIDCAP FUND | 0.671 | 0.718 | 1.25 | 1.33 | + 0.08 % |
| NEW WORLD FUND INC | 3.478 | 3.503 | 6.45 | 6.5 | + 0.05 % |
| Foreign Portfolio Investors Category II | 0.400 | 0.429 | 0.74 | 0.8 | + 0.06 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.53 % .During this past quarter, there was a noteworthy upswing in stakeholding for KOTAK FUNDS – INDIA MIDCAP FUND, which experienced a significant increase of 0.08 % .During this past quarter, there was a noteworthy upswing in stakeholding for NEW WORLD FUND INC, which experienced a significant increase of 0.05 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.06 % .
