SUMMARY
From JSPL to Maharashtra Seamless, these companies have seen promoters increase their stake in the recent past with stocks having corrected over 30% from their respective peaks.
1 / 9Market veteran Raamdeo Agrawal of Motilal Oswal Financial Services told CNBC-TV18 in an exclusive interaction on Monday said that there might come a time in two to three months where promoters start buying shares of their own companies.
2 / 9“These guys (promoters) are the smartest. They know the value of their company. So when the promoter starts buying, those will be the companies to track,” he told CNBC-TV18 on Monday. Here is a look at companies where promoters have recently increased their stake.
3 / 9TD Power | Promoters bought 15,100 shares from the open market in February 2025. The stock is down 33% from its peak.
4 / 9JSPL | Promoters bought 0.96% stake in the company in February 2025. As of December 2024, promoter holdings stood at 61.19%. The stock is down 21% from its recent high.
5 / 9Maharashtra Seamless | Promoters of the company have bought 0.5% stake, increasing their tally from the 68.07% stake they held at the end of the December quarter. The stock is down 37% from its recent high.
6 / 9Quess Corp | Promoters of the company have been consistently increasing their stake in the company. What stood at 51.9% in December 2022, increased to 56.75% in March 2023. The company recently announced further promoter buying, taking the total stake to 57.06%.
7 / 9Snowman Logistics | Promoters Gateway Distriparks have made their intent clear to increase stake in the company, as they have done so over the last two years. From 40.25% in March 2023, the promoter stake in Snowman now stands at 50% at the end of the December quarter.
8 / 9Fairchem Organics | Promoters of the company acquired nearly 3% stake between the October-December quarter, taking their overall stake to 61.2% from 58.71% earlier.
9 / 9Mangalam Cement | Promoters have also increased their stake in this smallcap cement company to 38.07% currently from 36.94% at the end of the September quarter.
