Ownership, FII & Promoter Activity

Promoters Buying

Promoters Buying is a Ownership, FII & Promoter Activity screen. It checks every NSE-listed stock against 1 condition computed from nightly data, after excluding heavily pledged promoters and very small market caps. This page explains the rule, each figure and its source. It lists no stocks and is not advice.

What it does and why

Promoter disclosures are mandatory SEBI filings under SAST (Substantial Acquisition of Shares and Takeovers) regulations, making promoter buying the most transparent form of insider buying available in Indian markets — without the ambiguity of anonymous insider trading reports. When the founders or controlling shareholders increase their stake for two or more consecutive quarters, they are voting with their own wealth on the company's future. This is categorically different from institutional buying: promoters cannot exit quickly, they see the day-to-day operations, and they have access to information that no analyst does. Rising promoter stake alongside declining pledge percentage is the highest-confidence insider signal in the Indian market.

The rule, step by step

A stock must satisfy every condition below. Conditions are grouped under the pillar they test.

Insider Conviction

Promoter Holding Rising 2Q is true

Hard excludes

Promoter pledge above 30% of the promoter's holding
Market cap below ₹500 crore

Passes the screen

Ranked by Promoter Holding, highest first.

The figures it uses

Promoter Holding Rising 2Q

Used in a condition

Formula: True when promoter % rose in each of the last two quarters (three patterns)
Input fields: promoter holding
Source of record: FinEdge · /api/v1/shareholdings/pattern/{symbol}?period=quarterly
Refresh: Recomputed nightly (06:30 IST job); rows older than 3 days are excluded from screens

Promoter Holding

Shown with results

Formula: Promoter share of equity in the latest quarterly shareholding pattern
Input fields: Indian + Foreign promoter rows
Source of record: FinEdge · /api/v1/shareholdings/pattern/{symbol}?period=quarterly
Refresh: Recomputed nightly (06:30 IST job); rows older than 3 days are excluded from screens

Promoter Pledge

Hard exclude input

Formula: Pledged shares as a share of the promoter's own holding: pledgedSharesPct ÷ promoter holding × 100; blank when the quarter is not listed
Input fields: pledgedSharesPct, promoter holding
Source of record: FinEdge · /api/v1/shareholdings/summary/{symbol}?period=quarterlyFinEdge · /api/v1/shareholdings/pattern/{symbol}?period=quarterly
Refresh: Recomputed nightly (06:30 IST job); rows older than 3 days are excluded from screens

Market Cap

Hard exclude input

Formula: Close × paid-up equity shares ÷ 10,000,000 (₹ crore)
Input fields: close, paidUpEquityShares
Source of record: Upstox · public historical candles, NSE_EQ|{ISIN} (no auth)FinEdge · /api/v1/daily-quotes/{symbol} (fallback)FinEdge · /api/v1/shareholdings/summary/{symbol}?period=quarterly
Corporate actions: Adjusted for corporate actions before use
Refresh: Recomputed nightly (06:30 IST job); rows older than 3 days are excluded from screens

What each figure means

Promoter Holding Change (QoQ, %)

The change in promoter holding percentage compared to the prior quarter, expressed in percentage points. A value of +1.5 means promoters now own 1.5% more of the total equity than three months ago.

This screener requires a positive change for at least two consecutive quarters. A one-quarter uptick could be routine; two consecutive quarters signals deliberate accumulation rather than a single block purchase or bonus issue effect.

High is better

Promoter Holding (%)

The total percentage of equity held by promoters and promoter-group entities as of the most recent quarter.

High is better

Pledged Shares (% of Total Equity)

The percentage of total equity pledged by promoters as collateral for loans. A promoter buying shares while pledged percentage is also rising is a contradictory signal — they may be borrowing to buy, which is a very different risk profile from buying with free cash.

This screener requires pledged percentage to be declining or zero. Rising promoter holding + declining pledge is the clean version of the insider signal. Rising promoter holding + rising pledge is a warning sign, not a buy signal.

Low is better

Try the rule

Type hypothetical values to see which conditions they satisfy. These are not real stocks and nothing here is stored.

Promoter Holding Rising 2QPromoter PledgeMarket Cap

Promoter Holding Rising 2Q is true—

Enter values to begin

A worked example

Loading the worked example…

Evidence

What the harness measured

no_verified_figureNot yet tested

We have not measured this screen yet, so there is no record to explain.

Live monitoring

5-day IC -0.034 · signal date 2026-10-14 · n 4447
22-day IC -0.052 · signal date 2026-09-12 · n 3840

This is a historical, statistical measurement produced by FINOME TECHNOLOGIES PVT LTD's research harness on past data. It is not a prediction, and past results do not indicate future results. The universe is today's Nifty 500 constituents, so the sample is affected by survivorship bias. It describes how a screen's selections behaved in the past and does not constitute investment advice or a recommendation.

Run this screen

Rule version 1.0.0

1.0.0 · 2026-10-20 — First versioned rule: every screen's conditions, ordering and hard exclude were transcribed from the served definitions into one specification. No behaviour change.

Questions

How is this screen calculated?: Each stock is tested against 1 condition using figures computed from exchange prices and company filings, adjusted for corporate actions. The rule is versioned; this page shows version 1.0.0.
How often does the screen update?: The figures are recomputed once each trading day after the nightly compute. A stock whose figures are more than three days old is left out rather than shown stale.
Is this investment advice?: No. This is educational material describing a screening method. It does not recommend any security and does not consider your circumstances.

Educational use only — GoQuant is a research tool. This page explains a screening method and is not a recommendation. Investment advice is provided by FINOME TECHNOLOGIES PVT LTD (AltQube), SEBI-registered Investment Adviser, registration no. INA000018373, under a signed advisory agreement and after a risk profile. Past performance is not indicative of future results.