Share pledging is not an illegal activity, but you need to keep your eye out for companies with questionable managements.
This is because over leveraged firms with high percentage of pledged shares could very well turn out to be poor investments. Here's the list of stocks with high promoter pledging in India...
| Company | CMP (Rs) | MCap (Rs m) | Promoter Holding (Latest Qtr, %) | Promoter Pledge (Latest Qtr, %) |
|---|---|---|---|---|
| ADITYA ISPAT | 11.9 | 64 | 24.3% | 100.0% |
| ANKIT METAL | 1.6 | 220 | 71.0% | 100.0% |
| BAJAJ HIND. SUGAR | 19.2 | 45,853 | 13.4% | 100.0% |
| FUTURE LIFESTYLE | 1.5 | 307 | 20.3% | 100.0% |
| ARSHIYA INTL | 1.3 | 329 | 14.4% | 100.0% |
| IMPEX FERRO | 1.7 | 149 | 69.1% | 100.0% |
| BRAHMAPUTRA INFRA. | 154.3 | 4,478 | 74.1% | 100.0% |
| NISSAN COPPER | 98,500.0 | 6,191,307 | 27.3% | 100.0% |
| ONESOURCE TECH | 19.0 | 123 | 74.9% | 100.0% |
| RAMMAICA INDIA | 0.9 | 24 | 34.9% | 100.0% |
| RAJSHREE SUGAR | 34.8 | 1,152 | 40.7% | 100.0% |
| THYROCARE TECHNOLOGIES | 395.7 | 62,974 | 60.9% | 100.0% |
| ORIENT GREEN POWER | 11.1 | 13,032 | 24.4% | 100.0% |
| STEEL EXCHANGE | 10.4 | 13,009 | 50.8% | 100.0% |
| SHRENIK | 0.4 | 245 | 25.4% | 99.9% |
| RELICAB CABLE MANUFACTURING | 40.5 | 409 | 28.0% | 99.9% |
| JAYASWAL NECO | 97.4 | 94,595 | 55.2% | 99.9% |
| ESAAR INDIA | 10.4 | 213 | 4.1% | 99.8% |
| RAASI REFRACTORIES | 16.0 | 75 | 50.7% | 99.8% |
| A2Z INFRA ENG. | 17.0 | 2,999 | 28.1% | 99.7% |
| TULSYAN NEC | 39.3 | 647 | 64.2% | 99.6% |
| BL KASHYAP & SONS | 55.0 | 12,395 | 61.7% | 99.3% |
| FORBES & CO.. | 340.2 | 4,387 | 73.9% | 98.3% |
| SUDAR INDUSTRIES | 249.2 | 5,607 | 17.7% | 97.6% |
| JYOTI. | 71.6 | 1,653 | 24.2% | 97.4% |
* We show NM where the values are negative
Disclaimer: This is for information purposes only. These are not stock recommendations and should not be treated as such. Learn more about our recommendation services here... Also note that these screeners are based only on numbers. There is no screening for management quality.