Out with 5% loss. This same promoter group picked up a 20% stake in 3 months. Was one of the drivers to my buy (apart from technicals). The news of sales of stock was the reason to invalidate the setup even before SL. 1st loss in last 12 trades in the cash segment, an avoidable one. Anyways.. hindsigth.
not very lucrative but it will return good over a couple of years, as it is a monopoly business and maybe they are getting back at the earlier loss of cheap IPO evaluation.
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