Patanjali Foods among 5 stocks that saw highest promoter share decrease in Q2

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Skin in the Game

Changes in a company’s promoter holdings offer crucial signals for investors. Promoters decreasing their shareholding is sometimes considered negative for the stock as it shows that the promoters themselves don’t believe in the future of the company. However, sometimes promoters might sell their shares for other expenses. Here are 5 stocks which saw the highest decrease in promoter stakes in the September quarter (Source: Trendlyne)

iStock

2/6

Restaurant Brands

Sector: Hotels Restaurants & Tourism
Promoter holding change (QoQ): -25.4%
Latest promoter holding: 15.4%

ETMarkets.com

3/6

GMM Pfaudler

Sector: General Industrials
Promoter holding change (QoQ): -13.6%
Latest promoter holding: 25.2%

ETMarkets.com

4/6

Sheela Foam

Sector: Diversified Consumer Services
Promoter holding change (QoQ): -7.5%
Latest promoter holding: 65.5%

ETMarkets.com

5/6

Patanjali Foods

Sector: FMCG
Promoter holding change (QoQ): -7%
Latest promoter holding: 73.8%

ETMarkets.com

6/6

Shyam Metalics

Sector: Metals & Mining
Promoter holding change (QoQ): -6.7%
Latest promoter holding: 81.6%

ETMarkets.com

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03:57 PM \| 07 Nov 2023	37.31(0.72%)
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SBI Life Insurance Company. Share Price	1340.85
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Kotak Mahindra Bank. Share Price	1751.25
03:59 PM \| 07 Nov 2023	11.05(0.63%)
Tech Mahindra. Share Price	1149.00
03:59 PM \| 07 Nov 2023	6.85(0.59%)
Hindalco Industries. Share Price	484.55
03:59 PM \| 07 Nov 2023	2.61(0.53%)
UltraTech Cement. Share Price	8685.75
03:58 PM \| 07 Nov 2023	44.80(0.51%)
Tata Consumer Products. Share Price	922.05
03:59 PM \| 07 Nov 2023	3.40(0.37%)
Bajaj Finserv. Share Price	1569.80
03:57 PM \| 07 Nov 2023	5.40(0.34%)
HCL Technologies. Share Price	1273.95
03:59 PM \| 07 Nov 2023	4.25(0.33%)
Nestle India. Share Price	24369.50
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ICICI Bank. Share Price	948.10
03:59 PM \| 07 Nov 2023	2.65(0.28%)
Bajaj Auto. Share Price	5419.00
03:57 PM \| 07 Nov 2023	12.15(0.22%)
Tata Steel. Share Price	119.65
03:59 PM \| 07 Nov 2023	0.25(0.20%)
Grasim Industries. Share Price	1921.55
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Asian Paints. Share Price	3033.35
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HDFC Life Insurance Company. Share Price	622.45
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Titan Company. Share Price	3270.20
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Infosys. Share Price	1404.30
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Hindustan Unilever. Share Price	2496.45
03:59 PM \| 07 Nov 2023	-0.96(-0.03%)
Oil And Natural Gas Corporation. Share Price	193.20
03:59 PM \| 07 Nov 2023	-0.11(-0.05%)
Eicher Motors. Share Price	3509.05
03:59 PM \| 07 Nov 2023	-1.90(-0.05%)
Power Grid Corporation of India. Share Price	208.00
03:59 PM \| 07 Nov 2023	-0.20(-0.09%)
Tata Motors. Share Price	645.00
03:59 PM \| 07 Nov 2023	-1.05(-0.16%)
Bharti Airtel. Share Price	937.15
03:59 PM \| 07 Nov 2023	-2.06(-0.21%)
Tata Consultancy Services. Share Price	3370.45
03:59 PM \| 07 Nov 2023	-9.81(-0.28%)
Maruti Suzuki India. Share Price	10253.30
03:59 PM \| 07 Nov 2023	-31.56(-0.30%)
Wipro. Share Price	383.30
03:59 PM \| 07 Nov 2023	-1.35(-0.35%)
Larsen & Toubro. Share Price	2961.30
03:59 PM \| 07 Nov 2023	-14.15(-0.47%)
HDFC Bank. Share Price	1487.25
03:59 PM \| 07 Nov 2023	-7.25(-0.48%)
UPL. Share Price	552.00
03:58 PM \| 07 Nov 2023	-2.71(-0.48%)
Apollo Hospitals Enterprise. Share Price	5136.85
03:54 PM \| 07 Nov 2023	-28.10(-0.54%)
Adani Enterprises. Share Price	2233.35
03:59 PM \| 07 Nov 2023	-12.66(-0.56%)
Mahindra & Mahindra. Share Price	1479.75
03:59 PM \| 07 Nov 2023	-8.55(-0.57%)
ITC. Share Price	432.70
03:59 PM \| 07 Nov 2023	-2.66(-0.60%)
Adani Ports & Special Economic Zone. Share Price	797.55
03:59 PM \| 07 Nov 2023	-4.96(-0.61%)
Reliance Industries. Share Price	2323.80
03:59 PM \| 07 Nov 2023	-15.20(-0.64%)
JSW Steel. Share Price	748.60
03:59 PM \| 07 Nov 2023	-5.40(-0.71%)
Coal India. Share Price	314.25
03:59 PM \| 07 Nov 2023	-2.31(-0.72%)
Divi's Laboratories. Share Price	3481.40
03:56 PM \| 07 Nov 2023	-25.30(-0.72%)
Bajaj Finance. Share Price	7495.60
03:58 PM \| 07 Nov 2023	-66.45(-0.87%)
Hero MotoCorp. Share Price	3130.25
03:59 PM \| 07 Nov 2023	-36.66(-1.15%)
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​Patanjali Foods among 5 stocks that saw highest promoter share decrease in Q2

Skin in the Game

Restaurant Brands

GMM Pfaudler

Sheela Foam

Patanjali Foods

Shyam Metalics

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Patanjali Foods among 5 stocks that saw highest promoter share decrease in Q2