The quarterly results season is over and with this, the promoters of some midcap companies are seen becoming active in the market. Promoters are constantly buying stakes in these companies. There can be many reasons for promoters to buy stakes in companies. It can be anything from increasing confidence in the business to the opportunity to increase stake due to a sharp fall in the stock. However, due to the promoters being active, these stocks can be kept under watch. See which are included in the midcap stocks with increasing buying by promoters

Which stocks are included in the list?

Indoco Remedies is one of these companies. The company's shares were bought by the promoters on November 13 and November 18. Even after this, buying has been seen from the promoters. On Friday, the stock closed at 325 with a gain of more than 3 percent. The stock has seen a decline since September 20. The stock was then close to the level of 380. Apart from this, buying has been seen from the promoters in KPI Green. In Friday's trading, the stock closed at 789 with a decline of half a percent. The stock had reached its highest level of the year at 1116 on August 12. At the same time, in NRB Bearing, the promoters have been buying the stock continuously since November 15. In the last session, the stock closed at 292 with a gain of 2 percent. The stock was at the level of 400 at the beginning of this year. Apart from this, promoters are active in Sheela Foam and BMW Industries and have been buying stocks since mid-November. The stock of BMW Industries closed at 61.4 on Friday with a gain of more than one percent. In mid-September, the stock was above the level of 74. On the other hand, Sheela Foam closed at 841 on Friday with a gain of half a percent. At the beginning of the year, the stock was above the level of 1200.