23 Sep 2025 | 3 Mins Read

Stocks soar after company denies stake sale speculation

Flipitmoney

Three small-cap stocks—📌ADF Foods, 📌Paradeep Phosphates, and 📌AXISCADES—jumped after promoters reduced pledged shares, signaling lower debt risk and stronger financial health. This move boosted investor confidence, with stock prices rising 0.66–3.29% following the pledge reduction in September 2025.