Corporate Actions : Buyback , Market Purchase or Sell

Byke Hospitality :
One of the promoter has acquired 4.83 Lakh Shares (1.2%) of the company in between Dec 2017 to March 2018 at an average price of around Rs 170. The shares started falling from April 2018 and currently are at Rs 40.
Promoters buying from the market does not necessarily means good times for the Company.
An Investor should connect a lot of dots and such purchases should not be seen in Isolation.
There were lot of issues highlighted in the respective thread of the company. One can visit the entire thread for a better understanding. Byke Hospitality

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