Repco Home Finance Ltd (NSE: REPCOHOME) Stock: Repco Home Finance Ltd share is under scrutiny in trading.
Repco Home Finance Ltd’s stock fell marginally and climbed to Rs 409. There’s a report that a long-standing investor in the stock market selling her stake in the stock.
An investor of major importance within Repco Home Finance, saw her stake drop below 1 percent in the third quarter Financial Year 2024-25 (Q3 FY25) which could indicate her departure from the business.
What Is The Detail?
Repco Home Finance was part of the portfolio share held by the investor in the second quarter of FY25. The investor owned the 1.13 percent stake, or 7,08,786 shares.
The pattern of the shareholding in the December quarter indicates that despite the poor performance of the stock over the past couple of months and years, she resigned from the company because her name was not listed among the top investors.
Companies must release names only of shareholders with a 1 percent or more stake in the company.
Shares’ Condition
The price of shares in Repco Home Finance has experienced low performance in recent times.
The stock has dropped 13 percent in the previous month, 18 percent over 3 months and 27 percent over 6 months.
Repco Home Finance’s share has been steady over the past year. After she quit Repco Home Finance, her name was mentioned as a shareholder of the small-cap metal firm Indian Metals & Ferro Alloys.
She bought the shares of 6,23,464 in Indian Metals & Ferro Alloys equivalent to a 1.16 percent part of the firm.
Furthermore, the pattern of shareholding for September (Q2) indicated that the investor had none of the small-cap stock, or her stake was lower than one percent.
Repco Home Finance, established in April 2000 is a registered housing finance firm and an affiliate of Repatriates Cooperative Finance and Development Bank Limited (Repco Bank).
Quick Fact: Repco Home Finance
| Company name | Repco Home Finance |
|---|---|
| Established | April 2000 |
| Nature | Housing finance |
| Affiliate | Repco Bank |
| Share decline | 13% (1 month) |
| Share decline | 18% (3 months) |
| Share decline | 27% (6 months) |
| Investor exit | Below 1% stake in Q3 FY25 |
| Previous holding | 1.13% (Q2 FY25) |
| Previous shares | 7,08,786 |
Quick Fact: Indian Metals & Ferro Alloys
| Company name | Indian Metals & Ferro Alloys |
|---|---|
| Share purchase | 6,23,464 |
| Stake | 1.16% |
| Category | Small-cap metal firm |
| Previous stake | Below 1% in Q2 FY25 |
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