Higher Promoter Pledge
"Promoter Increasing Pledge" refers to a situation where company promoters are pledging a larger portion of their shares as collateral for loans or other financial purposes. In the Nifty500, we have highlighted the top 5 stocks with an increase in promoter pledge during the December '24 quarter compared to the September '24 quarter, according to StockEdge promoter holding pledge scan.This can indicate financial stress or the need for liquidity, as it suggests the promoters are using their shares to secure funding. It may raise concerns among investors, as a higher pledge ratio can signal potential risk if the company faces financial difficulties or if share prices decline.
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IndusInd Bank
The promoter's pledge increased to 50.86% in the December '24 quarter, up from 45.48% in the September '24 quarter.
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Anand Rathi Wealth
The promoter's pledge increased to 4.26% in the December '24 quarter, up from 0.01% in the September '24 quarter.
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Ashok Leyland
The promoter's pledge increased to 30.1% in the December '24 quarter, up from 27.23% in the September '24 quarter.
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RattanIndia Enterprises
The promoter's pledge increased to 11.45% in the December '24 quarter, up from 8.59% in the September '24 quarter.
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GMR Airports
The promoter's pledge increased to 29.46% in the December '24 quarter, up from 27.09% in the September '24 quarter.
Image Source: ETMarkets.com
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