The volumes in BSE is ABOVE 1 Crore and is almost 10% of equity changed hands. Only CARTICA has shareholding more than 5% apart from promoters. That is huge selling and of course some one entered as well, but that is quite an exit as total value is about 650 crore approx. Reasons could be any and we should not rumour until we get official news.
A quick look at the shareholding pattern of top 10 other than promoters suggest that it could be multiple FIIs selling as no single FII holds 1 crore shares. However, this shareholding is as per Sep 2015. But, I did not see any one entering with such volume in the past 3 months.
CARTICA Capital holds 7758037 shares.
PI SH.pdf (235.6 KB)
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