Ok …so this promoter buy phenomenon is not a rare or one of its kind.
March has seen many promoters buying into their own stocks.
here is one list where promoters bought.Promoter buying picks pace in smallcaps as stocks tumble. Here’s the March list
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- Praveg
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- Man Industries,
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- Snowman Logistics,
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- Gokul Agro Resources,
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- Sarla Performances Fibre
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- Star Cement.
Here is the second list where promoters bought.Promoters: Promoters of mid and small-cap companies purchase big in March fall – The Economic Times
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- Jindal Stainless
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- JSW Energy
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- Zydus Wellness
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- Nuvoco Vistas
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- Bharat Wire
I tried to work out excel, following comes out as net number of stocks if i consider pledge as a sell.if someone can look at excel here.
bulk D.xlsx (28.2 KB)
Does it mean praveg,JSWenergy,JSWSteel are selling instead of buying ?
Row Labels | Sum of Xction with sign |
---|---|
Bharat wire | 3,33,901 |
Gokul Agro resource | 7,55,471 |
Jindal Stainless | 5,800 |
JSW Energy | -15,00,284 |
JSW Steel | -2,61,646 |
Manind | 52,225 |
Nuvoco Vistas | 5,63,000 |
Praveg | -8,40,935 |
Sarla Performance Fibre | 1,32,862 |
Snowman | 33,00,000 |
Star Cement | 64,669 |
Zydus wellness | 3,260 |
Grand Total | 26,08,323 |
If someone will tell me to remove pledged numbers to be removed from disposal then i will rework above and update.
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