Promoters hike stake in these companies. Reliance, Tata group, PSU Banks & More.

From Dec 2018 to March 2019, in the following companies, promoters stake was increased:

Company Name
Industry
Change
Den Networks Ltd. TV Broadcasting & Software Production 50.080
Hathway Cable & Datacom Ltd. Telecommunication – Service  Provider 48.600
IDBI Bank Ltd. Bank – Public 45.440
Birlasoft Ltd. IT – Software 22.270
Piramal Glass Ltd. Glass 16.820
Oriental Bank Of Commerce Bank – Public 10.350
Syndicate Bank Bank – Public 8.500
Union Bank Of India Bank – Public 6.840
Corporation Bank Bank – Public 6.730
Allahabad Bank Bank – Public 6.410
Andhra Bank Bank – Public 6.020
Punjab National Bank Bank – Public 5.190
Tata Metaliks Ltd. Steel/Sponge Iron/Pig Iron 4.970

Source: ACE Equity, Jamnadas Virji Advisory

Out of 17 companies, 8 are PSU Banks, 2 are companies in which Reliance increased the stake.

*Tata has also been increasing stake in Tata Motors Ltd.