Insiders Are Buying Into These 6 Stocks Aggressively. Details Here

While promoter holding is an important parameter, it should not be the sole reason for buying a stock.

When promoters of a company increase their stake, there is a lot of curiosity in knowing why that happened.

While promoters may have a hundred reasons to sell, they generally only have one compelling reason to buy. The market thinks the promoters know something that it doesn't.

As markets were volatile during the October-December 2021 quarter, many stocks saw a decent correction. Seizing the opportunity provided by the correction, promoters increased their stakes.

The same is not true in US though. Promoters of US based companies are offloading their stakes amid soaring market valuations.