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, %) |
|---|---|---|---|---|
| ANKIT METAL | 5.8 | 821 | 71.0% | 100.0% |
| ASIAN HOTELS (NORTH) | 143.4 | 2,790 | 50.7% | 100.0% |
| INEOS STYROLUTION INDIA | 1,061.0 | 18,658 | 62.7% | 100.0% |
| BAJAJ HIND. SUGAR | 25.8 | 32,956 | 25.0% | 100.0% |
| DIAMOND POWER | 26.9 | 1,415 | 11.4% | 100.0% |
| DQ ENTERTAINMENT | 1.0 | 82 | 75.0% | 100.0% |
| DHFL | 16.7 | 5,241 | 39.2% | 100.0% |
| EASTERN SILK IND | 2.4 | 186 | 51.3% | 100.0% |
| EUREKA FORBES | 507.5 | 98,191 | 72.6% | 100.0% |
| FUTURE SUPPLY CHAIN SOLUTIONS | 12.4 | 544 | 22.0% | 100.0% |
| FUTURE LIFESTYLE | 3.7 | 738 | 20.3% | 100.0% |
| AMBUJA CEMENT | 420.4 | 834,666 | 63.2% | 100.0% |
| GOA CARBON | 520.9 | 4,766 | 59.7% | 100.0% |
| GAMMON INFRA | 0.7 | 640 | 20.6% | 100.0% |
| GTL INFRA | 1.1 | 14,216 | 3.3% | 100.0% |
| IL&FS INV. MANAGERS | 8.0 | 2,515 | 50.4% | 100.0% |
| ARSHIYA INTL | 4.7 | 1,246 | 25.8% | 100.0% |
| JMT AUTO | 1.4 | 680 | 66.8% | 100.0% |
| JAYASWAL NECO | 38.0 | 36,859 | 48.0% | 100.0% |
| MCDOWELL HOLD | 69.3 | 969 | 2.3% | 100.0% |
| MODERN STEEL | 17.4 | 240 | 65.5% | 100.0% |
| MSP STEEL & POWER | 13.4 | 5,153 | 41.6% | 100.0% |
| BRAHMAPUTRA INFRA. | 43.9 | 1,272 | 74.1% | 100.0% |
| NECTAR LIFESCIENCE | 25.6 | 5,739 | 55.8% | 100.0% |
| PRIME FOCUS | 97.7 | 29,277 | 70.0% | 100.0% |
* 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.
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