In my view, promoter holding though an important parameter , company products, and history of company performance, promoter background should also be taken in to account before an investment decision.
There are many companies where inspite of promoter holding being low these are respected companies with investors flocking to these counters…
Apollo hospital, Mahindra & Mahindra , many Tata group companies such as Tata chemicals, Tata steel , Cipla , dr Reddy’s lab , Gokul das exports… and th list is endless
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