🚨 Promoter pledging is something I always check before looking at a stock.

A few mid & smallcap stocks currently have a very high portion of promoter shares pledged. 100% of promoter holding pledged: • Afcons Infra • Bajaj Hindusthan • Indo Borax • Mphasis • Thyrocare Technologies And some others are also above 90%: • Orient Green – 99.99% • Steel Exchange – 99.95% • Jayaswal Neco – 99.87% • A2Z Infra – 99.68% • Gokaldas Exports – 96.28% • Vishnu Prakash – 95.25% • Cohance Life – 94.56% • B.L. Kashyap – 94.44% High promoter pledging doesn't automatically mean the business is bad. But it's definitely something worth checking, especially when the stock starts falling. If lenders ask for more margin, pledged shares can become a problem. Before investing, check why the shares were pledged, company debt and recent FII/DII holding changes.