This post is in continuation of my 5 Stocks Series (seeĀ here)
5 Stocks where # of Pledged Shares exceeds 70% of total equity (as on 31 Dec, 2012) is given below:
Company Name | Shares Pledged by Promoters | % of Total Equity | Total Promoter Stake in % |
Blue Blends Fin | 5018300 | 71.9 | 74.5 |
Tasty Bite Eat. | 1904510 | 74.22 | 74.22 |
Asian Hotels (N) | 14532223 | 74.7 | 75 |
Plethico Pharma. | 27564950 | 80.91 | 82.7 |
Essar Shipping | 171725462 | 83.68 | 83.71 |