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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. 
Cashing in on crisis: Promoters up stake as stock prices slump

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