HDFC Increases its holdings in Ambuja cements in March 2020

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Ambuja cement is a cement manufacturing company and It is one of the top manufacturing company in India.The total public shareholding pattern of AMBUJA CEMENTS LTD in March 2020 quarter was at 36.72%,and this differs from the reports in Dec 2019 quarter which was 36.61%. The number of the public shareholders increased from 72,36,54,268 in Dec 2019 to 72,72,41,128 in Mar 2020.

The various trends below shows the public shareholding pattern from December 2019 to March 2020 :

The Increase in Public Shareholding :

The mutual funds increased from 5.45% to 7.04%, Hdfc Trustee company rose from 2.05% to 3.51%, Alternate investment funds had a raise from 0.03% to 0.10%, Insurance companies expanded from 1.99% to 2.20%, Any other(specify) Increase from 2.21% to 2.31%, Foreign companies slightly went up from 0.04% to 0.07%, and Clearing members grew from 0.05% to 0.13%.

Decrease in public shareholding :

Foreign portfoilo Investors decreases from 16.38% to 15.66%, Government of singapore reduced slightly from 2.16% to 2.15%, Financial Institutions/Banks moved downwards from 5.40% to 4.82%, Life Insurance corporation of India reduced from 4.84% to 3.93%, The number of Individual share capital up to Rs 2 Lacs went down from 6779 to 6,000 with decrease from 4.26% to 4.12%, Individual share capital in excess of Rs 2 Lacs decreased from 0.29% to 0.28%, Non resident Indian(NRI) slipped a bit fron 0.57 to 0.56%, and Bodies corporate decreased from 0.36% to 0.33%.

Uniformity(stability):
Central Government/State Government(s)/President of India (0.00%), Any other (specify) (0.00%), Unit trust of India (0.00%), Non-institutions(0.00%), HUF (0.08%), IEPF (0.16%), NBFCs registered with RBI(0.00%), overseas cooporate bodies (0.00%), Central Government /State Government (0.20%), Foreign nationals (0.00 %), and Institutions (0.00%), remained at the same level.

Entries and Exits: Sbi Magnum Taxgan scheme disappeared in the March share holding pattern indicating it exited completely or decreased it holding in the company below 1 percent and Sbi Long Term Equity Fund appeared in March pattern holding 1.13%.

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