Pledged holdings for BSE 500 stocks decline in the March 2018 quarter

Among the BSE 500 stocks, Centrum Capital, Emami, Granules India and Adani Ports saw the highest increase in pledged promoter holding

Pledged holdings for BSE 500 stocks declined in the March 2018 quarter compared to the preceding quarter. The percentage of pledged promoter holdings reduced to 7.4 per cent from 7.8 per cent in December 2017, according to Kotak Institutional Equities. The value of pledged holding stood at Rs 1.8 trillion, 1.43 per cent of the market capitalisation of BSE 500 stocks. A total of 128 companies of the 500 companies had at least some of their holdings pledged at the end of March quarter. 

Source: Prime Database, BSE,