Daily Archives: Thursday August 3rd, 2017

Even after dividing the share of promoters, companies are giving good returns

indian-stock-market

Mumbai: There is a special trend in the market this time, and it is that promoters are reducing their shareholding in companies faster. So far, the share of promoters has reached the lowest level of 16 years. Companies that have lost share have given better returns to investors than expected.

Since December 2016, the share of promoters has fallen 25% in Capital First, while this share has given 35% returns during this period. Eros International’s share of promoters has dropped 7.2 percent since December 2016, while this share has given 34 percent returns during this period. In Can Fin Homes, the share of promoters has dropped by 13.5% since December 2016, whereas this stock has given 95% returns during this period.

In New Fluorine, the share of promoters has declined by 6.6% since December 2016, whereas this stock has given returns of 47% during this period. In BEL, the share of promoters has declined by 6.2 percent since December 2016, while this share has given 32 percent returns in this period. In Vedanta, the share of promoters has dropped 12.7% since December 2016, whereas this stock has given 30% returns during this period.

In Nalco, the share of promoters has declined 9.2% since December 2016, whereas this stock has given 7.5% returns during this period. In Bharti Infratel, the share of promoters has dropped by 10.3% since December 2016, whereas this share has given 17% returns during this period. In the momentum, the share of promoters has declined by 6% since December 2016, whereas this stock has given 5.5% returns during this period.

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