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The Baseline
14 Dec 2016
New feature update: shareholding change screeners

As part of our effort to bring better stock analysis to investors, we have added shareholding change screeners to our site. The shareholding change screeners show you which stocks have seen shareholding changes by FIIs/FPIs, mutual funds and other institutions.The screeners also let you see which companies have stocks recently bought and sold by promoters, as well as firms where promoters have pledged their stocks (not a good sign for the company).

Screener examples

Promoters increasing their shareholding in the company - positive for a stock

The promoter shareholding increase screener shows the stocks where promoters have increased their stakes by the biggest amount. Such companies by the end of September 2016, included Ambuja Cements, Indian Overseas Bank, Dewan Housing Finance and Syndicate Bank. Such increases by promoters are generally considered positive for the stock, since this indicates that senior shareholders are bullish about the company. A similar screener also shows decreases in promoter shareholding. 

Promoters pledging their shares in the company - bad for a stock

The promoter share pledge increase screener shows the stocks where shares pledged by promoters to pay debts, meet funding expenses, etc has increased. Such companies by the end of September 2016, included JBF Industries, Religare Enterprises, Indus Ind Bank, and Lycos Internet. Such pledges by promoters are bad for stocks since price declines can potentially trigger a margin call. 

Changes in shareholding by mutual funds

Separate screeners are available for shareholding changes by DIIs and FIIs. Decrease in mutual fund shareholding for example, shows us that MFs decreased their holdings in L&T, Bharat Financial, and Axis Bank among others. The full list of these screeners is here. Happy browsing!

 

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