Top mid-cap stocks with increasing promoter stakes

Top mid-cap stocks with increasing promoter stakes

by 5paisa Research Team Last Updated: Apr 13, 2022, 01:20 PM IST

An increase in the promoter(s) ownership in the company is a positive indicator. In this post, we will present the top mid-cap stocks with increased promoter holdings over one last year.

According to the Index of Industrial Production (IIP), India's industrial growth inched up to 1.7% in February 2022 from 1.5% in the prior month. Although the industrial output surged at higher pace in February than in January, the expansion rate stayed submissive.

The retail inflation of India climbed to a 17-month high of 6.95% in March 2022 from 6.07% in the prior month. This was due to the increase in the prices of food items. As the fuel prices were increased towards the end of March 2022, they did not get fully accounted for in the current data. This indicates that inflation in the near term might remain heightened. The core inflation (excluding food and fuel) surged to 6.53% in March, which is the highest since June 2014, as against 6.22% in February.

On Wednesday, Asian indices and US equity futures advanced and as investors are calibrating economic risks from inflation, treasuries are declining. In the domestic space, for the second successive trading session, Nifty 50 ended lower on April 12, 2022, following the cues from global markets. Nifty 50 closed at 17,530, around 145 points or 0.82% or lower.

Having said that, we have identified the top mid-cap stocks with strong net profit growth on a 12-month trailing basis and increasing promoter(s) ownership over the last one year.

Stocks 

PROMOTER HOLDING CHANGE 4QTR (%) 

PROMOTER HOLDING CHANGE QOQ (%) 

PROMOTER HOLDING PLEDGE PERCENTAGE (%) QTR 

NET PROFIT TTM GROWTH (%) 

Bajaj Holdings & Investment Ltd

0.50 

0.40 

0.00 

27.30 

Indian Hotels Company Ltd. 

0.30 

0.30 

0.00 

25.50 

Vodafone Idea Ltd. 

2.90 

2.90 

0.00 

41.20 

Aditya Birla Capital Ltd. 

0.60 

0.30 

0.00 

82.20 

 

Also read: Five midcap names that investors should keep an eye on April13

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SENSEX
54,326.39
1,534.16 (2.91%)
Nifty 50
16,266.15
456.75 (2.89%)
Nifty Bank
34,276.40
960.75 (2.88%)

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