Wonder if promoter cum CFO of the company (R S Ramani) is aware of the coming good days. He was the one who sold his stake to DSP blackrock (and most probably the other big investor as well).
He is consistently reducing his stake:
| RS Ramani | Mar-17 | Jun-17 | Sep-17 | Dec-17 | Jan-18 |
|---|---|---|---|---|---|
| # of Shares | 2,157,506 | 1,157,506 | 1,157,506 | 1,157,506 | 475,000 |
| # of shares sold | 1,000,000 | 682,506 | |||
| Worth of Shares (approx) | Rs. 60 Cr | Rs. 51 Cr |
Not really sure if this should be interpreted as a good news.