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L&T Technology Services has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q1-Jun 2024-2024).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 |
7.80 |
7.80 |
73.74 |
73.69 |
-0.05 % |
Public |
2.78 |
2.78 |
8.42 |
8.54 |
+0.12 % |
DII
|
1.30 |
1.41 |
12.33 |
13.31 |
+0.98 % |
FII
|
0.58 |
0.47 |
5.51 |
4.46 |
-1.05 % |
Government
|
0.00 |
0 |
0 |
0 |
0 |
Promoters’ shareholding decreased from 73.74% in March 2024 to 73.69% in June 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.The percentage of shares held by the public increased from 8.42% in March 2024 to 8.54% in June 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding increased from 12.33% in March 2024 to 13.31% in June 2024 , indicating that domestic institutions increased their stake in the company by 0.98% . FIIs (Foreign Institutional Investors) shareholding decreased from 5.51% in March 2024 to 4.46% in June 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 Quarter Shares (in %) |
Current Quarter Shares (in %) |
Quarter-to-Quarter Difference (%) |
LARSEN AND TOUBRO LIMITED |
7.799 |
7.799 |
73.74 |
73.69 |
-0.05 % |
LARSEN AND TOUBRO LIMITED faced a downturn in stakeholding this quarter, witnessing a decline of -0.05 % in stakeholding compared to the previous 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 (%) |
Directors and their relatives (excluding independent directors and nominee directors) |
0.045 |
0.048 |
0.43 |
0.45 |
+ 0.02 % |
Resident Individuals holding nominal share capital up to Rs. 2 lakhs |
0.704 |
0.713 |
6.66 |
6.74 |
+ 0.08 % |
Bodies Corporate |
0.043 |
0.038 |
0.41 |
0.36 |
-0.05 % |
Any Other (specify) |
0.021 |
0.029 |
0.2 |
0.27 |
+ 0.07 % |
Trusts |
0.001 |
0.000 |
0.01 |
0 |
-0.01 % |
HUF |
0.020 |
0.019 |
0.19 |
0.18 |
-0.01 % |
Clearing Members |
0.000 |
0.009 |
0 |
0.09 |
+ 0.09 % |
Leading the way to higher stakeholding, Directors and their relatives (excluding independent directors and nominee directors) has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.08 %.Observations show a significant difference of -0.05 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.07 %.Observations show a significant difference of -0.01 % in Trusts’s financial performance between quarters.Observations show a significant difference of -0.01 % in HUF’s financial performance between quarters.Leading the way to higher stakeholding, Clearing Members has significantly boosted stakeholding by an impressive 0.09 %.
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/ |
0.302 |
0.382 |
2.85 |
3.61 |
+ 0.76 % |
Alternate Investment Funds |
0.013 |
0.014 |
0.12 |
0.13 |
+ 0.01 % |
Insurance Companies |
0.952 |
0.973 |
9.01 |
9.19 |
+ 0.18 % |
LIFE INSURANCE CORPORATION OF INDIA |
0.702 |
0.719 |
6.64 |
6.79 |
+ 0.15 % |
Provident Funds/ Pension Funds |
0.012 |
0.015 |
0.11 |
0.14 |
+ 0.03 % |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.76 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.01 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.18 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for LIFE INSURANCE CORPORATION OF INDIA, reflecting an uptick of 0.15 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Provident Funds/ Pension Funds, reflecting an uptick of 0.03 % in their shares.
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 |
0.571 |
0.460 |
5.4 |
4.35 |
-1.05 % |
SEAFARER OVERSEAS GROWTH & INCOME FUND |
0.127 |
0.153 |
1.2 |
1.45 |
+ 0.25 % |
Foreign Portfolio Investors Category II |
0.012 |
0.012 |
0.12 |
0.11 |
-0.01 % |
Stakeholding dwindled by -1.05 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for SEAFARER OVERSEAS GROWTH & INCOME FUND, which experienced a significant increase of 0.25 % .Stakeholding dwindled by -0.01 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.
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