India Inc promoters cash out Rs 1 lakh crore in 2024. Sign of stock market peaking?

August 20, 2024

In 2024, promoter sales exceeded Rs 1 lakh crore. Data from ETMarkets and Prime Database reveal that promoters of over 250 companies have sold stakes totaling approximately Rs 97,000 crore through bulk and block deals. Promoters of listed companies have also offloaded stakes through the OFS route which accounts for another Rs 7,300 crore.

More To Explore

Trent Q2 Results: Profit jumps 46% YoY to Rs 423 crore, revenue up 40%

Trent Q2 Results FY25: Trent, the Tata Group retailer, exceeded profit expectations with a 46% surge to Rs 423.44 crore in the September quarter, driven

November 7, 2024

FirstCry shares tumble over 4% after GST department initiates investigation

Shares of FirstCry fell 4.5% after the GST department initiated an investigation at its Mumbai head office and Pune warehouse. The company assured normal operations,

November 7, 2024

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003