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Orient Electric 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 | 8.17 | 8.17 | 38.31 | 38.31 | 0 |
Public | 13.16 | 13.16 | 27.97 | 27.35 | -0.62 % |
DII | 5.80 | 5.92 | 27.2 | 27.73 | +0.53 % |
FII | 1.39 | 1.40 | 6.52 | 6.56 | +0.04 % |
Government | 0 | 0.01 | 0 | 0.05 | +0.05 % |
Promoters shareholding remained stable, at 38.31% in both March 2024 and June 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 27.97% in March 2024 to 27.35% in June 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 27.2% in March 2024 to 27.73% in June 2024 , indicating that domestic institutions increased their stake in the company by 0.53% . FIIs (Foreign Institutional Investors): There was a significant increase from 6.52% in March 2024 to 6.56% in June 2024. This suggests that foreign institutions grew their investments 0.04 in the company during the quarter. During both and June 2024, Government ownership saw a notable increase, rising to 0.05%, indicating a strengthening of the government’s position in the company over this period.
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 | 2.387 | 2.190 | 11.19 | 10.26 | -0.93 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.417 | 0.435 | 1.95 | 2.04 | + 0.09 % |
Non Resident Indians (NRIs) | 0.088 | 0.097 | 0.41 | 0.45 | + 0.04 % |
Bodies Corporate | 0.235 | 0.241 | 1.1 | 1.13 | + 0.03 % |
Any Other (specify) | 2.396 | 2.430 | 11.23 | 11.39 | + 0.16 % |
QUALIFIED INSTITUTIONAL BUYER | 0.109 | 0.136 | 0.51 | 0.64 | + 0.13 % |
HUF | 0.106 | 0.113 | 0.5 | 0.53 | + 0.03 % |
Employees | 0.001 | 0.001 | 0.01 | 0 | -0.01 % |
Observations show a significant difference of -0.93 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.09 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.04 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.03 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.16 %.Leading the way to higher stakeholding, QUALIFIED INSTITUTIONAL BUYER has significantly boosted stakeholding by an impressive 0.13 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.03 %.Observations show a significant difference of -0.01 % in Employees’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/ | 5.542 | 5.618 | 25.97 | 26.33 | + 0.36 % |
MIRAE ASSET MULTICAP FUND | 0 | 1.067 | 0 | 5 | +5% |
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F | 0 | 0.673 | 0 | 3.16 | +3.16% |
KOTAK SMALL CAP FUND | 0 | 0.581 | 0 | 2.72 | +2.72% |
ICICI PRUDENTIAL LARGE & MID CAP FUND | 0 | 1.633 | 0 | 7.65 | +7.65% |
Alternate Investment Funds | 0.103 | 0.140 | 0.48 | 0.66 | + 0.18 % |
MIRAE ASSET FOCUSED FUND | 1.050 | 0 | 4.92 | 0 | -4.92% |
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL Fund | 0.673 | 0 | 3.16 | 0 | -3.16% |
KOTAK BALANCED ADVANTAGE FUND | 0.636 | 0 | 2.98 | 0 | -2.98% |
ICICI PRUDENTIAL FLEXICAP FUND | 1.703 | 0 | 7.98 | 0 | -7.98% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.36 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.18 % in their shares.MIRAE ASSET MULTICAP FUND had no shares in the previous quarter but now holds 5% of shares in the current quarter.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F had no shares in the previous quarter but now holds 3.16% of shares in the current quarter.KOTAK SMALL CAP FUND had no shares in the previous quarter but now holds 2.72% of shares in the current quarter.ICICI PRUDENTIAL LARGE & MID CAP FUND had no shares in the previous quarter but now holds 7.65% of shares in the current quarter.MIRAE ASSET FOCUSED FUND had 4.92% of shares in the previous quarter but exited in the current quarter.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL Fund had 3.16% of shares in the previous quarter but exited in the current quarter.KOTAK BALANCED ADVANTAGE FUND had 2.98% of shares in the previous quarter but exited in the current quarter.ICICI PRUDENTIAL FLEXICAP FUND had 7.98% 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 | 1.335 | 1.321 | 6.26 | 6.19 | -0.07 % |
Foreign Portfolio Investors Category II | 0.056 | 0.078 | 0.26 | 0.37 | + 0.11 % |
Stakeholding dwindled by -0.07 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.11 % .
Shareholder Name | Previous Quarter Quantity (In Crores) | Current Quarter Quantity (In Crores) | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
---|---|---|---|---|---|
Shareholding by Companies or Bodies Corporate where Central / State Government is a promoter | 0 | 0.010 | 0 | 0.05 | +0.05% |
Shareholding by Companies or Bodies Corporate where Central / State Government is a promoter had no shares in the previous govtquarter but now holds 0.05% of shares in the current quarter.
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