New Delhi, July 1 -- Promoters of companies are cashing in their shares on high valuations. The value of promoter holdings in listed companies that were sold in the April-to-June period surged almost sevenfold from the previous quarter as higher market valuations offered them a better price.

Shares sold by promoters on the country's top two exchanges increased 6.69 times on a quarterly basis and 1.54 times from a year earlier to Rs.2.61 trillion, according to PRIME Database, which cited insider trading disclosures in the first quarter of FY26.







The highest-selling promoter was the government, which sold shares worth Rs.29,963 crore in ITI Ltd. Among the others, Pastel, a subsidiary of Singapore-based Singtel, sold shares worth Rs.1...