Promoter bets on these 12 cos for 3 quarters leaves a mixed bag of multibaggers and misses

Amid a period of increasing promoter selling in the market, at least 13 companies have seen their promoters consistently raise their stakes over the past three quarters. ET Markets examined the shareholding patterns of companies with a market capitalization above Rs 500 crore and discovered that, among these 13 companies, two have provided multibagger returns over the past year.