Promoters increase stakes in Indian companies amid stock market weakness

Synopsis

In addition, 60 companies showed higher promoter holding from the year-ago levels. These companies were portion of a communal illustration of 431 companies from the BSE 500 index. The illustration companies person reported shareholding information implicit the past 5 years and each of them had promoter involvement of 25% oregon more. In the December 2024 quarter, 21 companies had reported a sequential summation successful the promoter holding.

ET Intelligence Group: At a clip erstwhile the promoter holding successful Indian companies person fallen to a grounds low, immoderate promoters person utilized the caller weakness successful the banal marketplace to summation their stakes. The fig of companies wherever the promoter holding accrued sequentially reached a six-quarter precocious of 33 successful the March 2025 4th amid the selling unit from overseas investors during the period. Major companies successful the database see Jindal Steel and Power, Godrej Industries, IFCI, India Cements, Usha Martin, and Maharashtra Seamless.

In addition, 60 companies showed higher promoter holding from the year-ago levels. These companies were portion of a communal illustration of 431 companies from the BSE 500 index. The illustration companies person reported shareholding information implicit the past 5 years and each of them had promoter involvement of 25% oregon more. In the December 2024 quarter, 21 companies had reported a sequential summation successful the promoter holding.

Agencies

The banal marketplace remained volatile during the March 4th with benchmark indices losing implicit 1%. Foreign portfolio investors (FPI) remained nett sellers of Indian equities successful March for the 3rd consecutive period though they turned bullish successful the 2nd fractional of the period and continued to put done April.

While prime promoters utilized the anemic marketplace sentiment to summation their holdings, astatine a broader standard the promoter involvement successful India Inc has been dwindling. According to a caller study by Motilal Oswal Financial Services, promoter involvement successful Nifty 500 fell by 140 ground points year-on-year to 49.5% successful March 2025, portion the ownership of home institutions roseate by 160 ground points to a grounds precocious of 19.2%, surpassing the FPI holding of 18.8%.

Among illustration companies, the promoter radical of Godrej Industries, a conglomerate progressive successful assorted segments including user products, chemicals, agriculture, and existent estate, raised its involvement to 69.7% successful the March 4th from 65.7% successful the erstwhile quarter. The company's banal had fallen to a debased of ₹826 successful the mediate of the March 4th from ₹1,167 astatine the opening of the quarter. The banal has recovered since, closing astatine ₹1,082 connected the BSE connected Friday.

In the lawsuit of India Cements, UltraTech which acquired it successful July 2024, raised the involvement sequentially to 81.5% successful the March 4th from 55.5%. UltraTech needs to trim the involvement to 75% oregon little by February 2026 to comply with the regulatory request of minimum nationalist shareholding of 25%.

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