Promoters have reduced their holdings in several mid-cap companies, with some seeing notable declines in promoter ownership. According to a JM Financi…
1/10JSW Infrastructure | JSW Infrastructure recorded the largest decline in promoter holding among the companies in the table, at 9.7 percentage points, the report showed. Shares of the company have gained 1.55% over the last month. The JSW Group company operates ports and terminals on India’s east and west coasts and has expanded into logistics and related infrastructure. (Image: JSW Infrastructure)
2/10NHPC | NHPC, a government-owned power company established in 1975, was originally set up to develop hydropower projects. The report shows that it’s promoter holding went down 6 percentage points. Shares of the company have declined 3.53% over the last month. (Image: Wikimedia Commons)
3/10Premier Energies | Premier Energies saw promoter holding fall by 5.5 percentage points in Q1FY27, according to the report. Established in 1995, the company manufactures solar cells and modules and has been expanding its production capacity across Telangana and Andhra Pradesh. Shares of the company have been down by 1.24% over the last month. (Image: Reuters)
4/10General Insurance Corporation of India | General Insurance Corporation of India, or GIC Re, operates as a reinsurer, providing insurance cover to other insurance companies. It’s promoter holding down 5 percentage points, as per the report. Shares of the company have declined 0.53% over the last month. (Image: Reuters)
5/10Poonawalla Fincorp | Poonawalla Fincorp recorded a 4.9-percentage-point decline in promoter holding, according to the report. The non-banking financial company focuses on lending, including consumer and MSME finance, and is part of the Cyrus Poonawalla Group. Company shares are down 1.44% over the last month. (Image: Poonawalla Fincorp)
6/10Altius Telecom Infrastructure Trust | Altius Telecom Infrastructure Trust, owns and manages telecom tower and digital infrastructure assets across India. It’s promoter holding is down 4.5 percentage points, the report said. Company shares rose 4.36% over the last month. (Image: Reuters)
7/10Anthem Biosciences | Anthem Biosciences saw promoter holding decline by 3.3 percentage points, according to the report. The Bengaluru-based company provides contract research, development and manufacturing services to pharmaceutical and biotechnology companies. The company’s shares gained 17.49% over the past month. (Image: AI Generated)
8/10JSW Energy | JSW Energy’s promoter holding fell by 2.9 percentage points, as per the report. The power company began commercial operations in 2000 and has businesses spanning power generation, transmission, trading and mining. Company shares are down 5.18% over the last month. (Image: Reuters)
9/10Ajanta Pharma | Ajanta Pharma recorded a 2.8-percentage-point decline in promoter holding, as per the report. The pharmaceutical company develops and sells branded generic medicines across India and international markets, including the US, Africa and Asia. Company shares are up 1.61% over the last month.(Image: Ajanta Pharma)
10/10NLC India | NLC India rounds out the top 10, with promoter holding down 2.7 percentage points, according to the report. The government-owned company is known for lignite mining and power generation and operates under the Ministry of Coal. The company’s shares fell 7.77% over the past month. (Image: Reuters)
