Wow, so promoter selling almost 10% stake in the company does not ask for any explanation ? Who is the one selling and this huge quantity ? BTW only ~3 percent went to FIIs and rest to retail… ?
“At Rs714 the stock had indeed run up too much. The question you need to ask yourself is if the stock is expensive at Rs552 with a multi decadal opportunity in EVs and decadal opportunity in smart meters ahead.” → So are you saying promoters are sooo stupid that they are selling 10% of the company to book some profits and they don’t know about this multidecadal opportunity…
And ofcourse there will always be buyers in the market…When the share prices fall by 70% then also there are buyers in the market so this is a very lame argument…
And ofcourse I am not the promoter of the company so I can sell whenever I want. All I was saying is they could have made a simple communication on the reason for selling 10% of the company 
please don’t take it personally…
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