Promoters buying or selling shares can reveal their confidence in the company’s future. For investors, these moves offer clues about potential growth or challenges ahead. Paying attention to such activity helps identify promising opportunities and understand shifts in the industry landscape, guiding smarter investment decisions.
Stocks in Which Promoters Bought a Stake In
1. Senco Gold
Leading Indian jewellery brand with over 80 years of legacy, specialising in gold, diamond, platinum, and silver designs. It is the second most trusted jewellery retailer in Eastern India, known for craftsmanship and customer trust.
With a market capitalisation of Rs. 6,245 crores, it rose to Rs. 383.95, hitting a high of up to 2.43 percent from its previous closing price of Rs. 374.85. Promoter Jai Hanuman Shri Siddhivinayak Trust bought 5,100 shares. The acquisition reflects an increased stake in the company.
2. Action Construction Equipment
A prominent Indian manufacturer of construction and material handling equipment, including cranes and loaders. Founded in 1995, it holds a significant market share in mobile and tower cranes across India.
With a market capitalisation of Rs. 11,915 crores, it rose to Rs. 1,010, hitting a high of up to 1.02 percent from its previous closing price of Rs. 999.80. Promoter-directors Vijay Agarwal and Sorab Agarwal each acquired 2,200 shares. The move indicates increased insider confidence.
3. Man Infraconstruction
An integrated EPC company in India with expertise in civil construction, real estate development, and infrastructure projects like ports, residential buildings, and roads. It operates primarily in Maharashtra and some other states, with over 50 years of domain experience.
With a market capitalisation of Rs. 6,394 crores, it rose to Rs. 169.60, hitting a high of up to 3.6 percent from its previous closing price of Rs. 163.70. Promoter Parag K Shah purchased 4.61 lakh shares. This large acquisition signals stronger stake-building.
Also read: BSE Stock Falls 5% After SEBI Announces Equity Derivatives Reforms; Here’s What You Need to Know
Stocks in Which Promoters sold their Stake In
4. Asahi India Glass
India’s top integrated glass solutions provider with a dominant 75% market share in automotive glass. It manufactures a wide range of glass products across automotive, architectural, and consumer segments and operates multiple plants across India.
With a market capitalisation of Rs. 21,241 crores, it rose to Rs. 901, hitting a high of up to 3.14 percent from its previous closing price of Rs. 873.55. Promoter Krishna Chamanlal Tiku sold 10,000 shares. The sale marks a minor reduction in promoter holding.
5. Nirlon
Nirlon began as a nylon filament yarn manufacturer in 1962 and expanded into polyester and industrial belting. The company became a public limited entity and is noted for its historical success in textile manufacturing and fostering cricket talent.
With a market capitalisation of Rs. 5,046 crores, it rose to Rs. 570, hitting a high of up to 2.54 percent from its previous closing price of Rs. 555.85. Promoter Shital Trading & Interiors disposed of 10,000 shares. The stake sale reflects partial offloading.
6. Usha Martin
A global leader in steel and wire rope manufacturing, founded in 1961 in India. It has expanded globally with diversified steel product offerings and sustainable manufacturing practices.
With a market capitalisation of Rs. 11,220 crores, it rose to Rs. 369.80, hitting a high of up to 1.56 percent from its previous closing price of Rs. 364.10. Promoter Peterhouse Investments India sold 2 lakh shares. The disposal indicates a cut in promoter stake.
7. Signpost India
The largest digital out-of-home (DOOH) media company in India, specialising in urban infrastructure advertising and street furniture. It leverages AI and technology to provide data-driven advertising solutions to many top brands.
With a market capitalisation of Rs. 1,467 crores, it fell to Rs. 268.41, hitting a low of up to 2.9 percent from its previous closing price of Rs. 276.40. Promoter Niren Chand Suchanti sold 11,950 shares. The transaction reduces promoter holding slightly.
Written By Fazal Ul Vahab C H
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