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canada goose uk black friday The fall in pledge holding is usually a good signthatsuggests improved borrowing capacity or value proposition on a long term basis. It is usually an indication of confidence by promoter over the business that is likely to offer value at large on a longer timeframe, suggest experts. But, do they also qualify as an investment bet?”Fall in pledged promoter holdings is a positive sign.”Ideally, it should have sound fundamental that can withstand sudden economic slowdown or any cyclical headwinds, and offer a long term value proposition to investors than just considering the promoter holdings,” he said.Nifty 200 companies that saw a decrease in pledging were Max Financial Services, Ajanta Pharma, JSW Energy, Manappuram Finance, Adani Power, Reliance Infrastructure, GMR Infrastructure, Reliance Capital, Jubilant Foodworks, Asian Paints and Adani Ports Special Economic Zone, among others.However, there were 31 companies in which the percentage of promoter holding pledged increased in June 2019.Companies in Nifty 200 that saw an increase in pledging were Jindal Steel Power, Reliance Power, JSW Steel, Bombay Burmah Trading Corp., Aurobindo Pharma and Apollo Hospitals Enterprise, among others265 cos do not meet new SEBI normsOver 250 companies do not meet the newly announced SEBI norms on pledging of shares and may have tofurnish more details to comply with the diktat, Prime database said in a note.They includeJSW Steel, ZEE Entertainment, Adani Transmission, Future Retail, Adani Power, Apollo Hospitals, Jindal Steel Power, Emami, JSW Energy and Max Financial Services, among others.The market regulator after a meeting on June 27 put stricter norms for pledging of shares. canada goose uk black friday
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