Market Structure

What is Promoter Pledge?

Promoter pledge refers to shares pledged by promoters as collateral for loans — a major red flag in Indian markets as forced selling can trigger stock price crashes.

Formula

Pledge % = Pledged Promoter Shares ÷ Total Promoter Shares × 100

How to Interpret

Any pledge above 0% warrants scrutiny. Above 30% is dangerous. Pledged shares can trigger cascading sell-offs if stock price falls.

Typical Ranges

0% is ideal. Below 10% is tolerable. Above 20% is a red flag.

Learn More in the Academy

Find Stocks Using This Metric

Use the Equiscale Stock Screener to filter Indian stocks by Promoter Pledge.

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