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Could The Noida Toll Bridge Company Limited (NSE:NOIDATOLL) Ownership Structure Tell Us Something Useful?

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If you want to know who really controls Noida Toll Bridge Company Limited (NSE:NOIDATOLL), then you'll have to look at the makeup of its share registry. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. We also tend to see lower insider ownership in companies that were previously publicly owned.

Noida Toll Bridge is not a large company by global standards. It has a market capitalization of ₹1.0b, which means it wouldn't have the attention of many institutional investors. Our analysis of the ownership of the company, below, shows that institutions own shares in the company. Let's delve deeper into each type of owner, to discover more about NOIDATOLL.

See our latest analysis for Noida Toll Bridge

NSEI:NOIDATOLL Ownership Summary, September 19th 2019
NSEI:NOIDATOLL Ownership Summary, September 19th 2019

What Does The Institutional Ownership Tell Us About Noida Toll Bridge?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

Noida Toll Bridge already has institutions on the share registry. Indeed, they own 17% of the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. 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 Noida Toll Bridge's earnings history, below. Of course, the future is what really matters.

NSEI:NOIDATOLL Income Statement, September 19th 2019
NSEI:NOIDATOLL Income Statement, September 19th 2019

Noida Toll Bridge is not owned by hedge funds. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.

Insider Ownership Of Noida Toll Bridge

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.

We can see that insiders own shares in Noida Toll Bridge Company Limited. It has a market capitalization of just ₹1.0b, and insiders have ₹23m worth of shares, in their own names. It is good to see some investment by insiders, but I usually like to see higher insider holdings. It might be worth checking if those insiders have been buying.