First of all simplywallstreet is simplybullshit .They have machine generated dumb articles on every share you can search for .Its much better to look at screener at the raw data and draw your own conclusions rather that forming wrong ideas based on simplywallstreet .
The reduction in promoter holdings is due to recategorisation of some inactive promoters to public category . Off course this makes them free to sell their stake but it also needs SEBI approval for the recategorisation ,so it’s not really a red flag .
| Subscribe To Our Free Newsletter |
