Adani Group Stocks were hammered out of shape in Friday’s trading session. But how much impact will fall in Adani group stocks have on individual shareholders? Let’s find out.
The table below shows the percentage of shares held by resident individuals and the number of resident individuals who own shares of these Adani group companies.
Resident Individuals in Adani Group Stocks:
Read More: Adani Enterprises FPO Opens on Friday: Check Price, GMP, Other Details Before Investing
Company | % Resident Individuals | No. of Resident Individuals |
NDTV | 18.03% | 64827 |
Adani Wilmar | 9.16% | 984443 |
ACC | 9.16% | 124195 |
Adani Power | 6.72% | 1468452 |
Ambuja Cements | 6.55% | 453105 |
Adani Ports | 4.11% | 710253 |
Adani Enterprises | 2.09% | 243809 |
Adani Total Gas | 1.55% | 130822 |
Adani Green Energy | 1.44% | 385087 |
Adani Transmission | 1.08% | 148712 |
What does this table really depict?
As a percentage of total shareholding, resident individuals who own Adani Transmission, Adani Green Energy and Adani Total Gas is less than 2%. This means that although the fall in Adani group stocks in today’s trading session seemed exorbitant, number of individuals who will consequently be impacted will not be as many.
Read More: Yes Bank Shares Fall Over 16% in 2023; Should you Buy, Hold or Sell?
The number of resident individuals who own Adani Transmission is as less as 148712. Meanwhile, only 1.44% of the total shareholders of Adani Green Energy are held by resident individuals. For Adani Total Gas as well, only 1.55% of the total shareholders are resident individuals.
Number of resident individual shareholders who own Adani Enterprises stand below 2.5 lakh. This translates to 2.09% of the total shareholders. Meanwhile nearly 7.1 lakh resident individual shareholders own Adani Ports- which as a percentage of total shareholders stands at about 4.11%.
The table clearly portrays that although the downtick on Adani group stocks was huge, number of resident individual shareholders who will be impacted are not significantly high.
Adani Total Gas, Adani Transmission, Adani Green Energy ended Friday’s trading session with a 20% lower circuit. Other Adani Group stocks- the likes of Adani Ports, Adani Enterprises also declined over 15% on Friday.