Promoter Sold 49,30,99,666 Shares: LIC-Backed Stock Under Rs 35 To Keep Under Radar As Board Announces 1:1 Bonus Share
Promoter Sold 49,30,99,666 Shares: LIC-Backed Stock Under Rs 35 To Keep Under Radar As Board Announces 1:1 Bonus Share

Promoter Sold 49,30,99,666 Shares: LIC-Backed Stock Under Rs 35 To Keep Under Radar As Board Announces 1:1 Bonus Share

On Monday, the shares of the company were trading at Rs 33.46 per share, down 2.16 per cent from its previous closing of Rs 34.20 per share.

Kiran Shroff Article rating: 4.1

The company's promoter, Nishant Pitti. Pitti offloaded a substantial quantity of shares, totalling 49,30,99,666, worth a staggering Rs 18,40,13,12,449.

Promoter sold 49,30,99,666 shares: Stock under Rs 40 in focus as the company enters into an exclusive agreement with PhonePe
Promoter sold 49,30,99,666 shares: Stock under Rs 40 in focus as the company enters into an exclusive agreement with PhonePe

Promoter sold 49,30,99,666 shares: Stock under Rs 40 in focus as the company enters into an exclusive agreement with PhonePe

Yesterday, the company's promoter, Nishant Pitti. Pitti offloaded a substantial quantity of shares, totalling 49,30,99,666, worth a staggering Rs 18,40,13,12,449.

Kiran Shroff Article rating: 3.3

Today, the shares of the company were trading at Rs 36.70 per share, up 7 per cent from its previous closing of Rs 34.30 per share.

Promoter – Nishant Pitti sold 49,30,99,666 Shares Worth Rs 18,40,13,12,449; Stock Under Rs 40 Hit 20 Per Cent Lower Circuit With 63 Times Spurt In Volume
Promoter – Nishant Pitti sold 49,30,99,666 Shares Worth Rs 18,40,13,12,449; Stock Under Rs 40 Hit 20 Per Cent Lower Circuit With 63 Times Spurt In Volume

Promoter – Nishant Pitti sold 49,30,99,666 Shares Worth Rs 18,40,13,12,449; Stock Under Rs 40 Hit 20 Per Cent Lower Circuit With 63 Times Spurt In Volume

The stock's volume surged by a staggering 63 times, indicating heightened interest and potential selling pressure.

Kiran Shroff Article rating: 3.8

A low-priced stock, trading below Rs 40, experienced a sharp decline, hitting an intraday low of Rs 32.83 per share.

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