Last Friday was the biggest volume.
After the buyback, promoter stake went to 75.15% and they’ve shared in exchange filing that they’d sell in open market. So, I assumed that the sale was done on Friday. But there’s no exchnage filing.
May be they’re yet to sell some quantity and they’ll release an exchange filing after that.
But the volume traded is > 70k, which is a concern.
I’ve added some shares as I found it to be a good opportunity as the Hold Co discount became attractive and also it seems that the chemical cos are bottoming out. Only time will tell
Disc: Biased
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