Promoter Buying – What’s Happening in Pudumjee Paper?

Who’s Buying? Mr. Arun Kumar Jatia, a promoter, has been consistently buying shares of Pudumjee Paper over the past few days. What Did He Buy? • Bought 2.3 lakh+ shares between 31 May to 11 June • Total worth: ₹2.5+ crore • Biggest buy: 1 lakh shares on 3 June (₹1.03 crore) Why It Matters? When promoters buy more shares, it usually means they have strong confidence in the company’s future. What Else Happened? On 5 June, another promoter group company got 9 lakh shares — but that was an internal transfer, not a market purchase. What Should You Watch? If these buys add up to a 1%+ stake, it becomes a strong signal. Promoter buying + rising volumes = something brewing? Bottom Line: Promoter buying is often a positive sign. Stay alert – something exciting might be ahead for Pudumjee Paper!