As Q2FY26 results season unfolds, one of the most critical updates besides financial numbers is the shareholding pattern. Every quarter reveals who has been buying or selling — from promoters and FIIs (Foreign Institutional Investors) to DIIs (Domestic Institutional Investors).
Among these, promoter activity is especially significant since promoters know their company best — their buying or selling decisions often reflect their long-term confidence in the business.
In this analysis, we highlight 10 companies where promoters increased their stakes in Q2FY26, reflecting growing optimism about future prospects.
10. Tanla Platforms Ltd.
Tanla Platforms, a major name in cloud communications, saw its promoter stake rise from 45.49% in June 2025 to 46.17% in September 2025.
March 2025: ~44%
June 2025: 45.49%
September 2025: 46.17%
This consistent upward movement indicates continued promoter confidence in Tanla’s long-term growth trajectory.
9. Raymond Lifestyle Ltd.
Raymond Lifestyle Limited witnessed a steady rise in promoter holding:
March 2025: 54%
June 2025: 56.13%
September 2025: 57.14%
Promoters have been consistently increasing their position, showing faith in the lifestyle segment’s strong recovery and Raymond’s brand strength.
8. Indus Towers Ltd.
In the telecom infrastructure space, Indus Towers saw its promoter holding cross the 51% mark for the first time:
Previously around 50%
Now: 51%+ in September 2025
This move suggests promoter optimism amid the ongoing digital infrastructure expansion and 5G rollout opportunities.
7. ASM Technologies Ltd.
ASM Technologies’ promoters raised their stake from 56.83% in June 2025 to 57.41% in September 2025.
March 2025: 57%
June 2025: 56.83%
September 2025: 57.41%
This rebound after a minor dip indicates renewed promoter commitment to the company’s technology-driven growth strategy.
6. Paradeep Phosphates Ltd.
In the fertilizers segment, Paradeep Phosphates saw its promoter holding climb from 56.04% to 57.20% in Q2FY26.
Promoters increasing stake here reflects growing confidence in India’s agriculture and fertilizer demand cycle, particularly after strong monsoon-linked growth trends.
5. Global Health Ltd. (Medanta)
Global Health (Medanta) also made the list, with promoter holding rising from 62.46% to 63.78% during the quarter.
Notably:
March 2025: 71%
June 2025: 62% (after partial dilution)
September 2025: 63.78%
After earlier dilution to the public, this renewed promoter accumulation indicates confidence in Medanta’s growth in India’s healthcare infrastructure segment.
4. Poonawalla Fincorp Ltd.
Promoters of Poonawalla Fincorp increased their holding from 62.46% to 63.96% during Q2FY26.
The rise wasn’t just through open market purchases — it came through large capital infusion into the company’s own business, boosting ownership.
Poonawalla Group infused fresh capital worth ₹1,000–₹1,500 crore, expanding their shareholding naturally.
This signals strong promoter confidence, suggesting significant long-term growth plans. When promoters invest large amounts in their own firm, it often reflects bullish expectations for the future.
3. Reflex Industries Ltd.
Reflex Industries recorded a major jump in promoter ownership from 53.33% to 55.92%, updated in October 2025.
This strong addition shows fresh buying by promoters and is among the most recent changes reported in Q2FY26 data.
2. Cupid Ltd.
Cupid Ltd. — known for its healthcare and lifestyle products — saw one of the biggest increases this quarter:
June 2025: 42.51%
September 2025: 45.56%
That’s over a 3% rise in promoter stake, signaling strong internal confidence and positioning the company as a potential watchlist candidate for investors tracking insider activity.
1. Nzark Tech Ltd.
At the top of the list is Nzark Tech, where promoter stake jumped massively from around 8% to nearly 35%.
This substantial rise suggests major new promoter-level investments and restructuring, possibly with new entrants joining the promoter group.
Such a significant increase usually happens during major strategic shifts or expansion phases, making Nzark Tech one of the most notable cases in Q2FY26’s shareholding updates.
Key Takeaways
Promoter Buying = Confidence: When promoters increase their stake, it often reflects optimism about the company’s long-term growth.
Sector Diversity: The list covers sectors like technology, telecom, fertilizers, finance, and healthcare — showing broad-based confidence.
Study Before Investing: While promoter buying is a positive indicator, investors should also review fundamentals, earnings growth, and future plans before taking a position.
Conclusion
These 10 companies — led by Nzark Tech, Cupid, Reflex Industries, and Poonawalla Fincorp — have witnessed meaningful promoter buying in Q2FY26.
Promoter accumulation often signals future growth potential, but as always, thorough research and due diligence are essential.
