When to buy a stock? Is it right to pick a company, if promoters hike their stakes?
Avinash Gorakssakar, Sr. Fundamental Research Analyst believes that if the promoters hike their stake in their company, they are more confident and positive on the performance of the ongoing or upcoming business. A keen investor should grab the opportunity and enter, after researching on other parameters like fundamentals, technical, management, news etc.
Promoters are the individuals, firms, organisations, professionals etc. who hold a key role in the functioning of a company. Pixabay