The big shareholder groups in S.S. Infrastructure Development Consultants Limited (NSE:SSINFRA) have power over the company. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. Warren Buffett said that he likes 'a business with enduring competitive advantages that is run by able and owner-oriented people'. So it's nice to see some insider ownership, because it may suggest that management is owner-oriented.
S.S. Infrastructure Development Consultants is a smaller company with a market capitalization of ₹215m, so it may still be flying under the radar of many institutional investors. Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. Let's take a closer look to see what the different types of shareholder can tell us about SSINFRA.
Check out our latest analysis for S.S. Infrastructure Development Consultants
What Does The Institutional Ownership Tell Us About S.S. Infrastructure Development Consultants?
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
S.S. Infrastructure Development Consultants already has institutions on the share registry. Indeed, they own 6.0% of the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone, since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at S.S. Infrastructure Development Consultants's earnings history, below. Of course, the future is what really matters.
Hedge funds don't have many shares in S.S. Infrastructure Development Consultants. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.
Insider Ownership Of S.S. Infrastructure Development Consultants
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.