There are 173 stocks in the market where promoters have increased pledged stocks in the most recent June quarter. This includes alcohol company United Breweries, NBFC Indiabulls Housing Finance, pharma company Ajanta Pharma and others. Promoters pledging their stocks is considered a negative or bearish sign for the firm, indicating that promoters are having to provide stocks as collateral for debt, and companies may be seeing pressure in working capital availability. For the stock screener for the fill list of these stocks, click here.
