Impact of Promoters' Holding on Stock Performance of Indian Cement Companies Listed On BSE

The aim of the study is to explore impact of promoters' holding on stock price and stock return. For this purpose a sample of 20 cement companies listed in BSE (Bombay Stock Exchange) have been selected and data is analysed from 2013 to 2023. The research study used descriptive statistics, correlation and regression analysis to assess impact of promoters' holding on stock price and stock return. The results of the present study shows that there is a low significant relationship between promoters' holding and stock price of listed cement companies of BSE (Bombay Stock Exchange) and no significant relationship between promoters' holding and stock returns of listed cement companies of BSE (Bombay Stock Exchange). The present study finally concludes that promoters' holding only have very few impact on stock price of listed cement companies of BSE (Bombay Stock Exchange) while no impact on stock returns of listed cement companies of BSE (Bombay Stock Exchange). A balance shareholding pattern is always good for the company. So investors should not select companies which have very low or very high promoters' holding.