Discover and read the best of Twitter Threads about #fundselling
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Starting a series of #tweets where sharp price falls have happened. Could be due to #fundselling #margins etc. Not a buy/sell recommendation but to check for is the #price fall due to distress seller or the company is in #distress.
#NRBBearings stock price has dropped 50% in less than a month. Down 15-20% today. Promoters 52-53% , Institutions 38-40% including #Nalanda holds 10% #HDFC owns 9% of equity. Hardly 6-7% holding of Retail Investors. Is it fund selling or sensing disruption?
So here comes the reason. Pledge shares being sold it seems.
