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

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

Sharda Ispat 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.
There is no change in the shareholding of Sharda Ispat Ltd. for 31st March 2024.Please review the blog below to understand the changes that have been made.
Promoters shareholding remained stable, at 75% 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 25% in both December 2023 and March 2024. This indicates that the Public control over the company did not change 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 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 14.63 14.57 -0.06 % 0.074 0.074
Non Resident Indians (NRIs) 0.03 0.04 + 0.01 % 0.000 0.000
Bodies Corporate 9.47 9.49 + 0.02 % 0.048 0.048
Any Other (specify) 0.38 0.41 + 0.03 % 0.002 0.002
Observations indicate a sizeable -0.06 % variance in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’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, Non Resident Indians (NRIs) lifts the bar with a remarkable 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Bodies Corporate 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, Any Other (specify) lifts the bar with a remarkable 0.03 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.

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