He has bought the majority stake at 20/share and sold only ~1.5% at 120/share.
The timing of the sell is coinciding with ESM framework and his 50th Birthday celebration.
Company’s financial looks very promising the fall is fully dedicated to promoter selling.
however i checked with Company sec and the response i got is nothing off.
my sense is to hold till the Q1 numbers and then take a informed decision.
do not sell in panic , if promoter selling was not there this was best time to add.
But now its better to wait till result or let the stock settle.
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