Pledging of shares is one of the options that the company promoters use to secure loans to meet working capital requirements, personal needs and fund other ventures or acquisitions. A promoter shareholding in a company is used as collateral to avail of a loan. Here’s is a list of 7 largecap stocks from the Nifty200 index firms where promoter pledges declined in Q1 FY25, according to StockEdge data:
ACC Q1 Results: Cons PAT rises 4% YoY to Rs 375 crore, revenue up 18%
ACC reported a 4% YoY increase in consolidated net profit, reaching Rs 375 crore, with revenue from operations rising 18% to Rs 6,015 crore. Volume