Cipla promoters selling 2.5% stake. Will be looked as negative in short term. Not for me.
Everyone needs money for varied reasons and Cipla promoters are no different. They are selling a small percentage of their holding to fund their requirements. Key points to note – The promoters own 36.1% of the Company of which they are selling about 2.5% i.e., about 6.9% of their total holding. Estimated amount that will … Read more