Promoter holding is the portion of a company’s shares owned by its founders or their family members. It shows how much confidence the original owners have in the business. Generally, when promoters hold a large stake, it’s seen as a good sign since it means they’re invested in the company’s success, aligning with the interests of smaller investors. If promoters buy more shares, it can boost market confidence, signaling faith in future growth. 

On the other hand, if they sell a lot of shares, investors might worry about the company’s future, though sometimes promoters sell shares for personal financial needs, which isn’t always a bad sign.

1. India Tourism Development Corporation Limited

India Tourism Development Corporation Limited (ITDC) enhances India’s tourism through hotels, transport, and diverse tourist services. It operates hotels like Hotel Samrat and manages premier events and exhibitions through the Ashok Events Division. ITDC also provides duty-free shopping, tourism literature, and entertainment services.

India Tourism Development Corporation Limited has a majority stake held by the promoters at 87.03 percent, domestic institutional investors at 1.80 percent, and the public at 11.17 percent as of September 2024.

India Tourism Development Corporation Limited’s revenue from operations has increased by 15.40 percent from Rs. 461 crore in FY23 to Rs. 532 crore in FY24. The company’s net profit has increased from Rs. 54 crore in FY23 to Rs. 70 crore in FY24, which has grown by 29.63 percent. 

With a market capitalization of Rs. 5,310 crores, India Tourism Development Corporation Limited’s share price is trading at Rs. 619 per equity share.

2. Adani Ports and Special Economic Zone Limited

Adani Ports and Special Economic Zone Limited (APSEZ) is India’s leading integrated ports and logistics company. It develops, operates, and maintains ports and SEZ infrastructure across India’s coasts. APSEZ offers multimodal logistics, grade A warehouses, and industrial zones, supporting seamless cargo movement. It operates 12 ports in India and oversees transshipment projects in Vizhinjam, Kerala, Colombo, Sri Lanka, and Haifa Port in Israel.

Adani Ports and Special Economic Zone Limited has a majority stake held by the promoters at 65.89 percent, foreign institutional investors at 15.22 percent, domestic institutional investors at 13.26 percent, and the public at 5.62 percent as of September 2024.

Adani Ports and Special Economic Zone Limited’s revenue from operations has increased by 28.1 percent from Rs. 20,852 crore in FY23 to Rs. 26,711 crore in FY24. The company’s net profit has increased from Rs. 5,391 crore in FY23 to Rs. 8,104 crore in FY24, which has grown by 50.32 percent. 

With a market capitalization of Rs.  2,95,194 crores, Adani Ports and Special Economic Zone Limited’s share price is trading at Rs. 1,367 per equity share.

Also read….

3. JSW Infrastructure Limited

JSW Infrastructure Limited is an India-based company focused on developing and maintaining port services and infrastructure. It provides comprehensive marine services, including vessel piloting, mooring, and berthing. The company also offers stevedoring for efficient cargo handling, storage solutions for dry and liquid bulk, and evacuation services using advanced loading systems. JSW Infrastructure enhances logistics efficiency through integrated transport options, including railways and coastal movements.

JSW Infrastructure Limited has a majority stake held by the promoters at 85.61 percent, foreign institutional investors at 4.20 percent, domestic institutional investors at 2.50 percent, the public at 6.32 percent, and others at 1.36 percent as of September 2024.

JSW Infrastructure Limited’s revenue from operations has increased by 17.78 percent from Rs.3,195 crore in FY23 to Rs. 3,763 crore in FY24. The company’s net profit has increased from Rs. 750 crore in FY23 to Rs. 1,161 crore in FY24, which has grown by 180 percent. 

With a market capitalization of Rs. 66,812 crores, JSW Infrastructure Limited’s share price is trading at Rs. 318 per equity share.

4. P N Gadgil Jewellers Limited

P. N. Gadgil Jewellers Limited was founded in 1832 and is one of India’s oldest and most respected jewelry brands. The company is in Pune and operates 39 stores in Maharashtra, Goa, and one in California, US. It is known for its gold, silver, platinum, and diamond jewelry, PNG offers collections for weddings, festivals, and everyday wear, selling through its flagship brand PNG in stores and online platforms.

P N Gadgil Jewellers Limited has a majority stake held by the promoters at 83.11 percent, foreign institutional investors at 3.80 percent, domestic institutional investors at 5.80 percent,  and the public at 7.29 percent as of September 2024.

P N Gadgil Jewellers Limited’s revenue from operations has increased by 37.78 percent from Rs.4,378 crore in FY23 to Rs. 6,032 crore in FY24. The company’s net profit has increased from Rs. 55 crore in FY23 to Rs. 154 crore in FY24, which has grown by 54.80 percent. 

With a market capitalization of Rs.10,116 crores, P N Gadgil Jewellers Limited’s share price is trading at Rs. 745 per equity share.

Written By – Nikhil Naik

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.


The post Stocks with high promoters holding of more than 65% to keep an eye on appeared first on Trade Brains.

Promoter holding is the portion of a company’s shares owned by its founders or their family members. It shows how much confidence the original owners have in the business. Generally, when promoters hold a large stake, it’s seen as a good sign since it means they’re invested in the company’s success, aligning with the interests
The post Stocks with high promoters holding of more than 65% to keep an eye on appeared first on Trade Brains.   Read MoreNews, Stocks, Adani Ports and Special Economic Zone news, Adani Ports and Special Economic Zone share price, India Tourism Development news, JSW Infrastructure news, JSW Infrastructure share price, market news, P N Gadgil Jewellers news, P N Gadgil Jewellers share price, stock market, Stock market news, stock news Trade Brains