Seeing the current ownership under Non-Institutions, improving the liquidity seems a possible reason. Non-Institutions hold 38.1% of the overall shares. Out of that -
- ~66% with 9 entities/individuals
- ~7% with pure retail (Individual share capital up to Rs. 2 Lacs)
The expectation might be that the pure retail ownership would increase due to price reduction after the bonus.
Details -
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