Cashing in on crisis: Promoters up stake as stock prices slump
Updated : March 30, 2020 05:33 PM IST
As per the disclosures, it's been seen that promoters purchase more stake when they see value or plan any positive developments in the near-future.
Cashing in on a market crash is quite a common practice by most promoters.
The highest quantum of stake buying is seen in the Tata Group of companies like Tata Steel, Tata Power, Indian Hotels, among others.