New Delhi, Nov. 5 -- When promoters raise their stake in a company, it often sends a quiet but powerful signal to the market. It reflects management's growing conviction in the business and a willingness to back that belief with personal capital.

For investors, such moves can serve as confidence markers, especially in periods of market uncertainty, suggesting that those closest to the business see value others might be missing.

The prolonged consolidation in small-cap stocks has tested investor patience, but it has also created fertile ground for selective accumulation.

Promoters of the five companies covered in this editorial have used this opportunity to increase their ownership during the September quarter.

This comes at a time whe...