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, %) |
|---|---|---|---|---|
| ADVANCE LIFESTYLES | 54.1 | 337 | 75.0% | 100.0% |
| ANKIT METAL | 3.5 | 487 | 71.0% | 100.0% |
| BAJAJ HIND. SUGAR | 31.1 | 39,726 | 25.0% | 100.0% |
| FUTURE SUPPLY CHAIN SOLUTIONS | 2.2 | 98 | 22.0% | 100.0% |
| FUTURE LIFESTYLE | 2.3 | 464 | 20.3% | 100.0% |
| GTL INFRA | 2.1 | 26,387 | 3.3% | 100.0% |
| IL&FS INV. MANAGERS | 10.6 | 3,326 | 50.4% | 100.0% |
| ARSHIYA INTL | 4.5 | 1,175 | 14.4% | 100.0% |
| IMPEX FERRO | 3.0 | 267 | 69.1% | 100.0% |
| JAYASWAL NECO | 38.5 | 37,422 | 53.0% | 100.0% |
| KIRI INDUSTRIES | 531.3 | 29,553 | 26.7% | 100.0% |
| BRAHMAPUTRA INFRA. | 59.6 | 1,730 | 74.1% | 100.0% |
| RAJSHREE SUGAR | 59.5 | 1,973 | 40.7% | 100.0% |
| THYROCARE TECHNOLOGIES | 964.7 | 51,103 | 71.1% | 100.0% |
| NECTAR LIFESCIENCE | 34.9 | 7,824 | 55.8% | 100.0% |
| NEUEON TOWERS | 4.2 | 237 | 37.3% | 100.0% |
| VEDANTA | 443.3 | 1,733,280 | 56.4% | 100.0% |
| MODERN DAIRIES | 56.6 | 1,321 | 45.7% | 100.0% |
| RELICAB CABLE MANUFACTURING | 102.1 | 1,030 | 28.0% | 99.9% |
| POLYPLEX CORPORATION | 1,191.2 | 37,395 | 26.7% | 99.9% |
| JCT | 1.6 | 1,398 | 27.2% | 99.9% |
| RAASI REFRACTORIES | 19.6 | 93 | 50.7% | 99.8% |
| BODHI TREE MULTIMEDIA | 11.5 | 1,433 | 35.3% | 99.8% |
| A2Z INFRA ENG. | 17.9 | 3,144 | 28.1% | 99.7% |
| MSP STEEL & POWER | 41.8 | 16,091 | 42.3% | 99.6% |
* 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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