“Institutional investors wanted entry”
That doesn’t correspond to the actual quantity sold. Unless you assume rest of 30 lakh shares were bought by institutional investors in trenches of < 1%.
If i need to give 20 lakh shares to institutions, i will sell 20 lakh, not 50 lakh.
I think they needed money and that explains the quantities sold. Agree that they have every right to sell, and if they tell the reason at some point in time, that will be sweet.
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