30.6.19 Vs 31.3.19 shareholding pattern
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Two MFs were holding 307884 shares (1.46%) on 31.3.19. One MF completely exited selling 232884 shares (0.72%). Only one MF remains on 30.6.19 holding 75000 shares
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Promoters added 24606 shares (.08%) during the quarter.
Rest changes are insignificant.
Looks like the one MF also cashed out in July causing huge price drop. (This is just a guess…could be verified only after 30.9.19 pattern in out)
Assuming no MF selling pressure now the price should stabilise or atleast move with market and not outperform😉
Disc. Invested. Wondering whether to add more