What is the story about?
Shares of Rain Industries Ltd. are trading with gains of close to 4% on Thursday, April 9, as its latest shareholding pattern disclosed the name of an ace Dalal Street investor.
As per data available on the Bombay Stock Exchange (BSE), investor Dolly Khanna's name appeared in the list of public shareholders, with a 1.05% stake in the company at the end of the March quarter.
Dolly Khanna's name does not appear in the list of public shareholders in the December-end list, which means that either she did not have any stake in the company then, or it was below the mandatory disclosure mark of 1%.
There has also been a marginal increase in the promoter shareholder for Rain Industries. Promoters now have a 41.35% stake in the company, compared to 41.19% stake that they held earlier.
Among other public shareholders, India's domestic Mutual Funds have a 1.65% stake in the company. That's a sharp reduction from the 4.28% that they owned in December.
ICICI Prudential Mutual Fund is the only fund with a major stake in Rain Industries. Its stake has dropped from 4.28% in December to 1.47% at the end of the March quarter.
Retail investor stake in Rain Industries has largely remained constant during the March quarter at 23.42% from 23.34% earlier. The absolute number has seen a marginal drop from 1.91 lakh to 1.87 lakh at the end of March.
Shares of Rain Industries are trading 3.6% higher after the latest shareholder disclosure at ₹122.32. The stock is still down 16% so far in 2026.
As per data available on the Bombay Stock Exchange (BSE), investor Dolly Khanna's name appeared in the list of public shareholders, with a 1.05% stake in the company at the end of the March quarter.
Dolly Khanna's name does not appear in the list of public shareholders in the December-end list, which means that either she did not have any stake in the company then, or it was below the mandatory disclosure mark of 1%.
There has also been a marginal increase in the promoter shareholder for Rain Industries. Promoters now have a 41.35% stake in the company, compared to 41.19% stake that they held earlier.
Among other public shareholders, India's domestic Mutual Funds have a 1.65% stake in the company. That's a sharp reduction from the 4.28% that they owned in December.
ICICI Prudential Mutual Fund is the only fund with a major stake in Rain Industries. Its stake has dropped from 4.28% in December to 1.47% at the end of the March quarter.
Retail investor stake in Rain Industries has largely remained constant during the March quarter at 23.42% from 23.34% earlier. The absolute number has seen a marginal drop from 1.91 lakh to 1.87 lakh at the end of March.
Shares of Rain Industries are trading 3.6% higher after the latest shareholder disclosure at ₹122.32. The stock is still down 16% so far in 2026.
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