Investors will have a special eye on shares of Rathi Steel & Power in Monday’s trading session. The main reason for this is that the company’s promoter PCR Holdings (earlier known as Archit Securities) has decided to increase its stake in the company.
Last Friday, the company’s shares jumped up to 4% to ₹ 30.55, causing a stir in the market.
In detail about the company’s deal
How much stake did the promoter buy?
According to the exchange filing, PCR Holdings have purchased 45,000 equity shares worth ₹ 85.06 crore from the open market.
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The promoter’s stake has increased by 0.21% after this deal.
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The company informed the stock exchange on 22 March 2025 about this acquisition.
Promoter statement
“PCR Holdings PVT LTD (previous Archit Securities Private Limited) acquired 45,000 equity shares of Rathi Steel and Power Limited on 21 March 2025, leading to an increase of 0.21% in its total stake in the company.”
Shareholding pattern (till December 2024)
The strong promoter share in Rathi Steel and Power is considered a sign of promoter’s trust in the market.
| Holding | equity (%) |
|---|---|
| Promoters | 40.32% |
| Foreign institutional investor (FII) | 8.94% |
| Domestic institutional investor (DII) | 2.53% |
| Retail and other investors | 48.22% |
Share Performance – Is this multibagger stock?
Great returns in the last 5 years:
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The stock gave more than 700% of multibagger returns.
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In 5 years, 663.75% gained gains.
Recent performance:
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The last 5 trading sessions gained about 6%.
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However, stock has declined by 44.55% in the last 1 year.
What indications for investors?
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Increasing the share of the promoter can be a positive signal for investors, as this reflects the promoter’s trust in the company.
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However, investors will have to be cautious given the recent decline of the stock.
