Ambuja Cements BSE | NSE 10/02/12 Are Mutual Funds betting on Ambuja Cements? Other Stocks in this news Foseco India | | OCL India | JM Financial | Shasun Pharmaceuticals | Evergreen Textiles | Woo Yang Electronics (India) | Unitech | Gangotri Textiles | Birla Power Solutions | Amrit Banaspati Company | Rajdhani Leasing & Industries Ltd | Jarigold Textiles Ltd | Rosekamal Textiles Ltd | Integral Knit Co | Mawana Sugars | Kewal Kiran Clothing |

These include Poddar Knitex (up 49.48%), Siel (47.78%), Amrit Enterprise (27.96%), Foseco India (26.18%), OCL India (26.16%), Woo Yang Electronics (23.97%), Oriental Veneer (22.38%), Jayaswals Neco (22.11%), JM Financial (19.72%), Shasun Chemicals (15.23%), Gujarat Ambuja (14.95%), Unitech (14.29%), and Bindu Synthetics (10.06%).

 

While trading history exists for all except Poddar Knitex, others with like Amrit Enterprises, Woo Yang, and Oriental Veneer are traded intermittently.

 

On the other hand 19 companies has seen its promoters' stake going down by more than 10%. Rajdhani Leasing tops the chart of companies where the promoters' stake has gone down by a hefty 45.3% followed by Birla Power Solutions (27.78%), Rosekamal Textiles (24.34%), Kewal kiran Clothing (23.97%), Jarigold Textiles (23.73%), and Gangotri Textiles to just name a few. A clutch of these companies is traded on an irregular basis. (Full details in the tables that follow).

 

Interestingly, 590 companies, or more than 50% of the sample size have not seen any change in the shareholding pattern of their promoters.

 

 

Companies where promoters' stake dipped by more than 10% in Q1FY07
Company	30/06/2006	31/03/2006	G/L (%)
Rajdhani Leasing	18.34	63.64	-45.3
Birla Power Sol.	25.3	53.08	-27.78
Rosekamal Text.	74.85	99.19	-24.34
Kewal Kiran Clot	71.32	95.29	-23.97
Jarigold Text.	74.8	98.53	-23.73
Bijlee Textiles	74.96	98.38	-23.42
Wheel & Axle	74.9	98.28	-23.38
BSEL Infrastruc.	34.66	57.2	-22.54
Span Diagnostics	31.3	52.56	-21.26
Ondeo Nalco	80.01	97.2	-17.19
Gangotri Textile	22.89	38.89	-16
Rana Sugars	31.39	46.85	-15.46
I G Petrochems	36.24	51.12	-14.88
Sahara One Media	77.01	90.59	-13.58
Assam Company	57.06	70.53	-13.47
Tantia Const	51.18	64.11	-12.93
Arshhiya Tech	60.64	73.5	-12.86
Secunderabad Hea	23.7	34.73	-11.03
Ashok Leyland	39.21	49.59	-10.38
Source: CapitalinePlus

 

 

 

 

 

 

 

 

 

 

 

By Prasanna Zore