Bengaluru, June 30 -- Promoter stake sales happen when the main shareholders (promoters) sell some of their shares, either in the open market or through special deals. Investors watch these sales closely, as they can mean the promoters want to book profits, raise money for new projects, or meet personal or regulatory needs.
While a drop in promoter holding might worry some investors, it can also be a smart move for promoters to diversify wealth or reduce debt, so the reason behind the sale matters.
Here are the three stocks in which the promoter sold its stake:
360 ONE WAM Limited
360 ONE WAM Limited is a leading Indian wealth and asset management company headquartered in Mumbai. Founded in 2008 (originally as IIFL Wealth Management), ...
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