Alembic Pharma (Oral Solids ==> Injectables, Onco, Derma, Opthalmic)

[sahil_vi]

@harsh.beria93

and quantum of sell in Alembic Pharma in August and September has been 20.55 cr

As shared by Hitesh sir here:

@hitesh2710

Uday education trust is a charitable organisation which runs some schools in Baroda. It held 0.54% stake in alembic pharma as per June 2020 data from screener. After latest round of selling by the said trust, its holding stands reduced to 0.41%. I think the usual explanation is that it is a charitable organisation and might be in need of funds to deploy in its stated line of charity

The selling was by “UDAY EDUCATION SOCIETY” and possibly for their charitable purposes. This link also shows that Uday education’s most liquid holding is Alembic Pharma (so it was not possible for them to sell Alembic shares as far as I understand). My 2c are that I think it is difficult to read too much into this and tie this to the buying of Alembic shares by Nirayu.