The benchmark BSE Sensex rose by 470.61 points, or 0.62%, to reach 76,927.2, while the broader NSE index gained 146.3 points, or 0.63%, to 23,411.15. These gains were primarily driven by information technology stocks and occurred ahead of the release of crucial inflation data and the Federal Reserve’s policy decision.
In this context of a bullish market, it is pertinent to analyse stocks with high promoter holdings, as these often indicate the promoters’ confidence in the company’s future prospects.
Let’s look at the data provided, which includes large-cap, mid-cap, and small-cap companies where promoter holding is 75% or more. The table showcases details like current price, market capitalization, dividend yield, one-year return, and of course, the crucial promoter holding percentage.
Sr.No | Name | Current Price (Rs) | Market Cap (Rs crore) | Dividend yield (%) | Return over 1year (%) | Promoter holding (%) |
1 | Life Insurance | 1,011.90 | 6,40,026.51 | 0.98 | 68.09 | 96.5 |
2 | I R F C | 178.70 | 2,33,534.22 | 0.84 | 433.94 | 86.36 |
3 | I O B | 67.55 | 1,27,685.82 | 0 | 169.9 | 96.38 |
4 | IDBI Bank | 87.49 | 94,072.78 | 1.15 | 60.26 | 94.71 |
5 | General Insurance | 391.30 | 68,649.68 | 1.84 | 113.72 | 85.78 |
The large-cap segment reveals some interesting names. Life Insurance Corporation of India (LIC) stands out with a dominant promoter holding of 96.5% and a noteworthy one-year return of 68.09%. Indian Railway Finance Corporation (IRFC) boasts an impressive one-year return of 433.94% alongside a high promoter holding of 86.36%. Indian Overseas Bank (IOB), though not offering a current dividend yield, has generated a return of 169.9% over the past year. General Insurance Corporation (GIC) also features prominently with a promoter holding of 85.78% and a one-year return of 113.72%.
Sr.No | Name | Current Price (Rs) | Market Cap (Rs crore) | Dividend yield (%) | Return over 1year (%) | Promoter holding (%) |
1 | Cello World | 896.50 | 19,026.46 | 0 | 8 | 78.06 |
2 | Aditya AMC | 623.00 | 17,948.32 | 1.66 | 64.33 | 75.31 |
3 | Bikaji Foods | 702.00 | 17,576.82 | 0.14 | 67.04 | 75.1 |
4 | Aadhar Hsg. Fin. | 381.90 | 16,288.75 | 0 | 21.08 | 76.48 |
5 | Netweb Technol. | 2,470.00 | 13,922.37 | 0 | 160.21 | 75.04 |
Moving to the mid-cap space, we see companies like Cello World with a promoter holding of 78.06% and a one-year return of only 8%. However, Aditya Birla Asset Management Company (Aditya AMC) stands out with a healthy dividend yield of 1.66% and a one-year return of 64.33%. Bikaji Foods, a popular snack food company, boasts a promoter holding of 75.1% and a one-year return of 67.04%. Aadhar Housing Finance (Aadhar Hsg. Fin.) and Netweb Technologies round out the list with promoter holdings exceeding 75%. While their one-year return data isn’t provided in this specific category, it can be found through further research.
Sr.No | Name | Current Price (Rs) | Market Cap (Rs crore) | Dividend yield (%) | Return over 1year (%) | Promoter holding (%) |
1 | Diamond Power | 901.10 | 4,748.55 | 0 | 4003.6 | 94.88 |
2 | Gopal Snacks | 327.00 | 4,074.56 | 0 | -7.12 | 81.49 |
3 | Flair Writing | 296.75 | 3,127.61 | 0 | 40.84 | 78.59 |
4 | HMA Agro Inds. | 55.68 | 2,788.28 | 0.53 | 10.45 | 83.61 |
5 | Ujaas Energy | 226.28 | 2,382.76 | 0 | 2639.47 | 94.97 |
In the smallcap segment, Diamond Power stands out with a promoter holding of 94.88% and an astounding one-year return of 4003.6%. This exceptional performance indicates a high level of confidence from the promoters and remarkable market growth. Gopal Snacks, however, has a promoter holding of 81.49% but has experienced a negative return of -7.12% over the past year, suggesting challenges in its market performance despite strong promoter backing.
Flair Writing Industries has a promoter holding of 78.59% and has delivered a return of 40.84%, showcasing a healthy growth rate. HMA Agro Industries, with a promoter holding of 83.61%, offers a modest return of 10.45% and a dividend yield of 0.53%, indicating a steady yet cautious growth.
Ujaas Energy, another notable name, has an impressive promoter holding of 94.97% and has generated a remarkable return of 2639.47% over the past year. This significant return, coupled with high promoter confidence, underscores the company’s strong market position and potential for future growth.
In conclusion, the analysis provides a glimpse into the world of companies with high promoter holdings in India. While promoter holding and a company’s one-year return are valuable data points, they should be just two pieces of a larger puzzle when making investment decisions.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.
Published on: Jun 12, 2024, 3:44 PM IST
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