Moneycontrol PRO
Check Credit Score
Check Credit Score
HomeNewsPhotosBusinessStocks

Promoters increase stake in these 7 small-cap firms; stocks gain over 25% in 3 months

There are eight stocks from the small-cap space where promoters' stake has seen at least 5 percent growth sequentially in the March quarter.

June 26, 2020 / 08:39 PM IST
When a promoter increases stake in his/her company, it is seen as a positive development assuming that the promoter is confident of the company's future prospects. Eight stocks from the small-cap space, promoters have increased stake sequentially in their companies by at least 5 percent in the March quarter. Out of these, 7 stocks gained over 25 percent in the last three months.
1/8
When a promoter increases stake in his/her company, it is viewed as a positive development assuming that the promoter is confident of the company's future prospects. There are eight such stocks from the small-cap space where promoters' stake has seen at least 5 percent growth sequentially in the March quarter. Out of these, 7 stocks gained over 25 percent in the last three months. Here are the companies: (Data Source: ACE Equity)
Representative image
2/8
RattanIndia Power | The stock gained 86 percent in the April-June period. Promoters stake as on March 2020 stands at 39.33 percent versus 34.34 percent in December 2019. Growth in promoter holding (QoQ): 14.53%
Representative image
3/8
NCC | The stock gained 70 percent during the April-June period. Promoter stake as on March 2020 stands at 19.57 percent as compared to 18.11 percent in December 2019. Growth in promoter holding (QoQ): 8.06%
JBM Auto | The share price gained 67 percent in the April-June period. The promoters stake as on March 2020 at 67.46 percent as compared to 61.96 percent in December 2019.
4/8
JBM Auto | The share price gained 67 percent in the April-June period. The promoter stake as on March 2020 was at 67.46 percent as compared to 61.96 percent in December 2019. Growth in promoter holding (QoQ): 8.88%
Jammu & Kashmir Bank | The share price gained 60 percent in the April-June period. The promoters stake as on March 2020 at 68.18 percent as compared to 59.23 percent in December 2019.
5/8
Jammu & Kashmir Bank | The share price gained 60 percent in the April-June period. The promoters stake as on March 2020 at 68.18 percent as compared to 59.23 percent in December 2019. Growth in promoter holding (QoQ): 15.11%
Welspun Enterprises | The share price gained 60 percent in the April-June period. The promoters stake as on March 2020 at 50.33 percent as compared to 47.30 percent in December 2019.
6/8
Welspun Enterprises | The share price gained 60 percent in the April-June period. The promoters stake as on March 2020 at 50.33 percent as compared to 47.30 percent in December 2019. Growth in promoter holding (QoQ): 6.41%
Tata Chemicals | The share price gained 42 percent in the April-June period. The promoters stake as on March 2020 at  34.59 percent as compared to 31.08 percent in December 2019.
7/8
Tata Chemicals | The share price gained 42 percent in the April-June period. The promoters stake as on March 2020 at  34.59 percent as compared to 31.08 percent in December 2019. Growth in promoter holding (QoQ): 11.29%
HSIL | The share price gained 26 percent in the April-June period. The promoters stake as on March 2020 at 53.91 percent as compared to 49.34 percent in December 2019.
8/8
HSIL | The share price gained 26 percent in the April-June period. The promoters stake as on March 2020 at 53.91 percent as compared to 49.34 percent in December 2019. Growth in promoter holding (QoQ): 9.26%
Ritesh Presswala
Ritesh Presswala
first published: Jun 26, 2020 04:53 pm

Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347