One of the biggest promoter group entity 'Pharmaceutical Business Group (PBG) holding ~75 lac shares (51% of total paid up equity) has sold out 30 Lac shares in a bulk deal today.
So far, not clear who is the buyer for such a big quantity. Generally, such huge stake sale by anyone from promoter group is perceived negative, however in this case market has given a standing ovation - ~20% up in todays trade. Is something interesting cooking?
Disc: Invested, transactions in last 60 days
Thanks,
Tarun
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