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TORRENT POWER 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 | 25.74 | 25.74 | 53.57 | 53.57 | 0 |
Public | 22.32 | 22.32 | 17.09 | 17.01 | -0.08 % |
DII | 10.32 | 9.39 | 21.46 | 19.53 | -1.93 % |
FII | 3.08 | 4.05 | 6.41 | 8.42 | +2.01 % |
Government | 0.71 | 0.71 | 1.47 | 1.47 | 0 |
Promoters shareholding remained stable, at 53.57% 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 17.09% in March 2024 to 17.01% in June 2024.This reduction indicates that the public’s stake in the company diminished during this period.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 21.46% in March 2024 to 19.53% in June 2024 , indicating that domestic institutions reduced their -1.93 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 6.41% in March 2024 to 8.42% in June 2024. This suggests that foreign institutions grew their investments 2.01 in the company during the quarter. During quater from March 2024 to June 2024, Goverenment ownership remained steady at 1.47%.This indicates that the government’s stake in the company remained consistent during 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 | 2.218 | 2.186 | 4.61 | 4.55 | -0.06 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.660 | 0.654 | 1.37 | 1.36 | -0.01 % |
Non Resident Indians (NRIs) | 0.092 | 0.095 | 0.19 | 0.2 | + 0.01 % |
Bodies Corporate | 4.900 | 4.894 | 10.2 | 10.18 | -0.02 % |
Observations show a significant difference of -0.06 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.01 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.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 -0.02 % in Bodies Corporate’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/ | 7.673 | 6.831 | 15.97 | 14.21 | -1.76 % |
SBI Mutual Funds | 0 | 2.764 | 0 | 5.75 | +5.75% |
Axis Mutual Funds | 0 | 2.774 | 0 | 5.77 | +5.77% |
Insurance Companies | 2.599 | 2.513 | 5.41 | 5.23 | -0.18 % |
HDFC Life Insurance Company Limited | 0 | 0.540 | 0 | 1.12 | +1.12% |
Life Insurance Corporation Of India | 1.679 | 1.598 | 3.49 | 3.32 | -0.17 % |
SBI Long Term Equity Fund | 2.986 | 0 | 6.21 | 0 | -6.21% |
Axis Elss Tax Saver Fund | 3.451 | 0 | 7.18 | 0 | -7.18% |
Hdfc Life Insurance Company Limited | 0.658 | 0 | 1.37 | 0 | -1.37% |
Mutual Funds/ decreased their stake from 14.21% in the previous quarter to 15.97% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -1.76 %.Insurance Companies decreased their stake from 5.23% in the previous quarter to 5.41% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.18 %.Life Insurance Corporation Of India decreased their stake from 3.32% in the previous quarter to 3.49% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.17 %.SBI Mutual Funds had no shares in the previous quarter but now holds 5.75% of shares in the current quarter.Axis Mutual Funds had no shares in the previous quarter but now holds 5.77% of shares in the current quarter.HDFC Life Insurance Company Limited had no shares in the previous quarter but now holds 1.12% of shares in the current quarter.SBI Long Term Equity Fund had 6.21% of shares in the previous quarter but exited in the current quarter.Axis Elss Tax Saver Fund had 7.18% of shares in the previous quarter but exited in the current quarter.Hdfc Life Insurance Company Limited had 1.37% 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 | 3.001 | 3.892 | 6.24 | 8.1 | + 1.86 % |
Foreign Portfolio Investors Category II | 0.079 | 0.157 | 0.16 | 0.33 | + 0.17 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 1.86 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.17 % .
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