Blog State Trading Corporation of India Shareholding Update: An Examination of Financial Performance for Quarter (Mar 2024)

State Trading Corporation of India Shareholding Update: An Examination of Financial Performance for Quarter (Mar 2024)

State Trading Corporation of India 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 0.62 0.59 -0.03 % 0.04 0.04
FII 0.06 0.00 0
Promoters shareholding remained stable, at 90% 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 10% 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 0.62% in December 2023 to 0.59% in March 2024 , indicating that domestic institutions reduced their -0.03 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 0% in to 0.06% in March 2024. This suggests that foreign institutions grew their investments 0.06 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 7.02 6.81 -0.21 % 0.408 0.421
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 1.23 1.25 + 0.02 % 0.075 0.074
Non Resident Indians (NRIs) 0.11 0.1 -0.01 % 0.006 0.007
Bodies Corporate 0.44 0.59 + 0.15 % 0.035 0.026
Any Other (specify) 0.51 0.53 + 0.02 % 0.032 0.030
Clearing Members 0.08 0.12 + 0.04 % 0.007 0.005
HUF 0.4 0.39 -0.01 % 0.023 0.024
Observations indicate a sizeable -0.21 % 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, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs lifts the bar with a remarkable 0.02 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % variance in Non Resident Indians (NRIs)’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, Bodies Corporate 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, Any Other (specify) 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 0.04 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % variance in HUF’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)
Insurance Companies 0.62 0.59 -0.03 % 0.035 0.037
Insurance Companies decreased their stake from 0.59% in the previous quarter to 0.62% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.03 %.
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 0 0.04 0.002 0
Foreign Portfolio Investors Category II 0 0.02 0.001 0
Foreign Portfolio Investors Category I had no shares in the previous fiii quarter but now holds 0.04% of shares in the current quarter.Foreign Portfolio Investors Category II had no shares in the previous fiii quarter but now holds 0.02% of shares in the current quarter.

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