Marketwire

Pledged to growth

Despite the debilitating times, some companies have bought back their pledged shares and seen a growth in earnings

The subdued economic climate has seen many companies pledging their promoter shares or even increasing the quota of pledged shares against debt. But, even in these debilitating times there are some companies that have wound up their pledging and have in fact seen a growth in their earnings over the past one year. DCM Shriram Consolidated, Gujarat Pipavav Port and Tata Global Beverages are some of the companies which have shown good recovery. We analysed them in detail.



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