Yesterday the promoter group “TSL Holdings Private Limited” bought 4800 shares as per the BSE disclosure:
This increases their holding by 0.01% from 5.85% to 5.86%. However, the same promoter group sold their stake during last August, on 07/08/2023, which reduced their stake from 14.53% to 5.85%. Essentially they sold 8.68% of their stake and now they bought 0.01% stake.
As an investor this makes me very uncomfortable. How do you interpret this?
Disclosure: Invested.
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