Slideshow | Top 10 companies where promoters increased their stake in 2018
Manpasand Beverages, Indiabulls Real Estate, Dish TV India, are some of the companies where promoters increased their holding but stocks remained underperformer.
As market remained volatile in 2018, some promoters increased their holding in their companies. The stocks of those companies fell 20-80 percent in 2018.
2/11
Promoters of Manpasand Beverages, a Gujarat-based fruit drink manufacturing company, increased their holding by 0.36 percent until quarter ended September 2018. The stock fell 80 percent during the same period.
3/11
Leading player across residential and commercial space, Indiabulls Real Estate, fell 59 percent and promoter holding rose by 5.3 percent.
4/11
Dish TV India, a Direct-to-Home television service provider, fell 53 percent in 2018, while promoters doubled their holdings in the company from 29.55 percent to 58.92 percent.
A manufacturer of Micro Irrigation Systems, Jain Irrigation Systems, lost 47 percent during the year, whereas the promoters increased their holding by 0.63 percent.
6/11
GIC Housing Finance's promoters increased their holding by 59 percent in 2018. The stock of the housing loan company was down 44.8 percent in the same period.
7/11
Promoters of Future Consumer, the food and FMCG arm of Kishore Biyanis Future Group, increased their stake in the company by 4.9 percent. The stock price fell 36 percent in 2018.
8/11
Promoters of Laurus Labs, a research-driven pharmaceutical company, have raised their holding in the company by 9.2 percent, while share price declined by 28 percent.
