For past 2-3 days, there has been continuous insider selling. Many senior management names like Ramnath Shenoy (Head Investor relation & analytics), Ashwin Mallick (Head Treasury) & Naveen Uppal (Chief risk officer) have sold their shares in the range of 50k-1 lac shares at 185-190/- price range ?
what can be the reason , is it bull trap ?
Why ESOP is being valued below book value ?
Is their possibility that new investor will liquidate existing share holders while acquiring ?
Please let me know your thoughts !
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