Promoters Increase Holdings in 9 Nifty 500 Stocks in March Quarter
Promoters Buying: 9 Nifty 500 stocks that saw stake hikes in March quarter
The Economic TimesImage: The Economic Times
In the March 2026 quarter, promoters of nine companies in the Nifty 500 index increased their shareholdings, indicating confidence in their companies' future prospects. Notable increases include Godrej Properties and Adani Energy Solutions, reflecting a bullish sentiment among major shareholders.
- 01Promoter shareholding increases often signal confidence in a company's future.
- 02Godrej Properties saw a significant rise in promoter stake to 51.66%.
- 03Adani Energy Solutions' promoter stake increased to 72.73%.
- 04Overall, nine companies in the Nifty 500 reported stake hikes.
- 05Increased promoter stakes can be seen as a positive sign for investors.
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In the March 2026 quarter, nine companies within the Nifty 500 index experienced increases in promoter shareholding, suggesting a growing confidence among major shareholders in their future performance. Notably, Godrej Properties raised its promoter stake to 51.66%, up from 47.17% in the previous quarter. Adani Energy Solutions also saw a rise, with promoter ownership increasing to 72.73% from 71.19%. Other companies like JB Chemicals & Pharmaceuticals and Jindal Stainless also reported increases, with stakes rising to 48.8% and 62.05%, respectively. The trend of rising promoter stakes across these companies reflects an optimistic outlook, which can be interpreted as a bullish sign for potential investors.
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