🔷️We had Earlier warned to Stay Away from stocks where Promotors have pledged there holding.
🔷️ONE SHOULD STAY AWAY FROM STOCK WHERE PROMOTORS HAVE PLEDGE HUGE QUANTITY OF THERE HOLDING
OLD NOTE ON PLEDGE SHARES👇
🔷️On Friday ESSEL GROUP STOCKS like DISH TV, ZEEL ,ZEE LEARN ,ZEE MEDIA Fall upto 32% .
🔷️While investing in INDIVIDUAL stocks one should check Promotors holding & its pledge % of shares ,Which is one of the important criteria of stock investment.
🔷️FEW COMPANIES WHERE PROMOTORS HAVE PLEDGED HIGH QUANITY OF SHARE ARE –
Videocon Inds,CG Power,HFCL,Reliance Defence,Alok Inds,Gayatri Projects,Suzlon Energy,Ksk Energy ,Rattan India power,Jaypee Infra,GMR infra,Reliance Infra,Laxmi Vilas bank and list is long.
🔷️One common trend in all above stocks is they keep declining over a period of Time & Destroy investors wealth.
Disc – All views expressed are personal and purely for Educational & Study purpose only. Consult your financial advisor before investing. Data Source -Bloomberg
