35,000 shares amounts to 2.0 crores.
Promoters increased stake by +0.11%
It is said that insiders can sell stake for many reasons, but there is only one reason for buying.
H1FY25 revenue is 657 crores. During Q2FY25 earnings call, mgmt shared guidance to get to 1,600 crore revenue in FY25.
This implies guidance of 943 crores revenue in H2FY25.
Company has done 611 crores in H2FY24 and hence promoter buying from open market could mean that they have good confidence in achieving this 50%+ revenue growth in H2?
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