What Kind Of Shareholders Own Quess Corp Limited (NSE:QUESS)?

In This Article:

The big shareholder groups in Quess Corp Limited (NSE:QUESS) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. I quite like to see at least a little bit of insider ownership. As Charlie Munger said ‘Show me the incentive and I will show you the outcome.’

Quess has a market capitalization of ₹116b, so we would expect some institutional investors to have noticed the stock. In the chart below below, we can see that institutions are noticeable on the share registry. Let’s delve deeper into each type of owner, to discover more about QUESS.

Check out our latest analysis for Quess

NSEI:QUESS Ownership Summary, March 18th 2019
NSEI:QUESS Ownership Summary, March 18th 2019

What Does The Institutional Ownership Tell Us About Quess?

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.

We can see that Quess does have institutional investors; and they hold 13% of the stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Quess, (below). Of course, keep in mind that there are other factors to consider, too.

NSEI:QUESS Income Statement, March 18th 2019
NSEI:QUESS Income Statement, March 18th 2019

Quess is not owned by hedge funds. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of Quess

The definition of company insiders can be subjective, and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

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.

Our information suggests that insiders maintain a significant holding in Quess Corp Limited. It has a market capitalization of just ₹116b, and insiders have ₹15b worth of shares in their own names. That’s quite significant. It is good to see this level of investment. You can check here to see if those insiders have been buying recently.

General Public Ownership

With a 14% ownership, the general public have some degree of sway over QUESS. While this group can’t necessarily call the shots, it can certainly have a real influence on how the company is run.