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Promoters from Adani to Birla pump 4 billion back into their own stocks after selloff

Business
Published on 29 April 2026
Promoters from Adani to Birla pump 4 billion back into their own stocks after selloff

They are buying shares they already sold two years ago

After a two-year stretch of heavy equity selling, Indian promoters flipped in 2026, pouring more than $4 billion into buying their own company stocks. The move, seen across major groups including Adani and GMR, comes as valuations stabilize following a market correction and is read as renewed belief in long-term growth, especially for asset-heavy businesses.

  • Promoters invested over $4 billion in 2026 to buy their own shares
  • The buying reverses two years of notable equity selling
  • Adani and GMR were among the groups leading the shift
  • Rally follows valuation normalization after the market correction
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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