What Indian promoters are doing nowadays?
Promoters' stake means the number of shares held by the promoters out of the total number of shares in the company. The remaining shares are held by shareholders among the public and institutions. Generally, if the promoters' stake has increased, then it provides a sign of confidence of the promoters in the business. On the other hand, if promoters' stake has decreased, it is not a healthy sign.
We have listed below top five companies in which promoters have increased their stake and top five companies in which promoters have decreased their stake in the last four quarters.
Top five companies with increase in promoters' stake:
Source : Ace Equity
Top five companies with decreasing promoters' stake:
Source : Ace Equity