As nearly all shareholding data has come in for the December quarter, we can take a look at how many companies are seeing promoters increasing their pledged stocks for collateral for loans. This stock screener tracks pledge increases in companies for the most recent quarter. The companies with the highest increases include Indiabulls Real Estate, where promoter pledge change QoQ was more than +21%, a red flag for the firm.
Other companies that saw substantial increases was Coffee Day, Jain Irrigation Systems and India Cements. In all 52 Nifty500 companies saw promoters increase their pledges for the December quarter. To follow this screener (get notified when there are new entries), you can set an alert.