Mutual Funds upgrade their positions in Greenply’s |March’20 Qtr

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Greenply Industries Limited has about 30+ years of experience in the Interior Infrastructure industry. It manufactures and markets a huge range of plywood products. It had 48.20% of its investments through the public shareholders and 51.80% through the promoter and promoter group, in the December 2019 quarter. In March 2020 quarter, public category’s 48.20% decremented to 47.99% and the promoter group’s 51.80% incremented to 52.01%. Various other changes were observed in the public shareholding pattern of the two consecutive quarters- Dec’19 and Mar’20; such as:

Increase in shareholding % – The Mutual Funds’ overall value grew from 22.34% to 22.42%. IDFC STERLING EQUITY FUND extended the holdings from 3.78% to 3.90%. The Clearing Members climbed up from 0.02% to 0.11%. The Trusts increased the bet from 0.14% to 0.20%.

Decrease in shareholding % – TATA YOUNG CITIZENS FUND stepped down from 3.17% to 3.14%. The Foreign Portfolio Investors declined in position from 10.91% to 10.82%. JWALAMUKHI INVESTMENT HOLDINGS lowered from 9.61% to 9.55%. The individuals, investing with Individual share capital up to Rs. 2 Lacs decreased in number from 18,877 to 18,555 and the percentage contracted from 6.27% to 6.03%. The Bodies Corporate sunk down to 1.38%, while its former value was at 1.91%. The Non-Resident India (NRI) stepped down from 0.60% to 0.58%. HUF lessened from 0.15% to 0.12%.

Uniform shareholding % – HDFC TRUSTEE COMPANY LTD at 8.99%, SBI FMCG FUND at 3.27%, L&T MUTUAL FUND TRUSTEE LIMITED- L&T EMERGING MARKET at 2.87%, Alternate Investment Funds at 0.45%, The Financial Institutions/ Banks at 0.01%, The Central Government/ State Government(s)/ President of India at 0.00%, Four shareholders with Individual share capital in excess of Rs. 2 Lacs at 2.11%, The Foreign National at 0.00%, The Overseas Corporate Bodies at 2.97% and IEPF at 0.03% maintained uniformity in the value of their stakes for both the quarters of Dec’19 and March’20.

The no. of public shareholders lowered in count from 20,069 to 19,695. The no. of the promoter and promoter group was constant at 10. Among the groups, S. M. MANAGEMENT PRIVATE LIMITED held 26.53% in December, which stretched to 26.68% in March.

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