My view is that the personnel are liquidating the shares for creating cash which they can further use for subscribing to ESOP at more attractive prices. Same thing which happened with Gagan selling few weeks back.
I remain optimistic on the long term story and gap between BV and MP has to close if all other things remain same on macro level and if AUM start growing as per Gagan’s projections in concalls.
Views are biased as I am invested for long term story.
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