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Your money: Understand why a promoter is hiking stake

It may seem like a confidence call but before buying the stock, check if there are other reasons

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Your Money

Tinesh Bhasin 



Stake sale
Stake sale

No one probably knows companies as well as their promoters. If they hike stake in their companies, it’s a sign that the stock could be trading below its intrinsic value. As an investor, should you look at companies where promoters have hiked their stake?

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First Published: Wed, January 25 2017. 01:00 IST

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