Whirlpool, Aavas Financiers lead the way in falling promoter pledges in Q4

With the end of the last quarter of FY24, we look at stocks where promoters sold the most stakes during the quarter. This screener shows stocks that saw a decline in promoter holding over Q4. There may be many reasons for a drop in promoter holdings, but investors often see it as signaling a lack of confidence in future growth. So promoter sales can trigger selling from other investors. Promoters may also sell their stake to earn profits when shares have risen sharply. (Source: Trendlyne)