Reliance Capital uptrended to 2.60% in Raymond | Mar’20 qtr

Raymond logo

Founded in 1925, Raymond Limited, had started as a textile company in India; it has now broadened to Raymond Group and is a well-known manufacturer in fashion and fabric industry. For both the quarters of December 2019 and March 2020, the company had 53.16% of the holdings through public and 46.73% through the promoters and their group. Comparison of the public shareholding patterns of the two consecutive quarters, shows following differences:

Increase in shareholding % – The Mutual Funds grew the stakes from 9.05% to 8.69%. Reliance Capital Trustee Co Ltd-A/C Nippon India Small Cap Fund developed the bet from 2.20% to 2.60%. Sundaram Mutual Fund A/C Sundaram Small Cap Fund upgraded the parts from 1.04% to 1.07%. Government Pension Fund Global incremented the holding from 1.79% to 2.31%. Financial Institutions/ Banks up-stepped their stakes from 0.39% to 0.40%. Individuals having share capital up to Rs. 2 Lacs expanded their bet from 17.10% to 18.67%; the number of these shareholders rose from 1,04,772 to 1,13,447. HUF improved from 0.69% to 0.73%. Non-Resident Indians (NRI) rose from 1.48% to 1.50%. Clearing Members nearly doubled their value from 0.31% to 0.67%.

Decrease in shareholding % – Foreign Portfolio Investors appeared with a reduction 10.98% to 10.85%. Individuals with share capital in excess of Rs. 2 Lacs decremented the bet from 7.07% to 6.52%. Govindlal Gilada lowered the parts from 1.44% to 1.39%. NBFCs registered with RBI minimized from 0.05% to 0.00%. Bodies Corporate contracted their stakes from 3.98% to 3.10%.

Unaltered shareholding % – Mirae Asset Emerging Bluechip Fund at 4.74%, Vespera Fund Limited at 1.53%, Mirae Asset India Mid Cap Equity Fund at 1.30%, Insurance Companies at 1.45%, UTI at 0.00%, Central Government/ State Government(s)/ President of India at 0.00%, IEPF 0.62% and trusts at 0.01% held unaltered percentages in Mar’20.

The number of public category shareholders widened from 1,09,934 to 1,18,655. Number of promoters and groups was stable at 13 in both the quarters.


Please enter your comment!
Please enter your name here