Motilal Oswal Employees don’t seem to want their own company’s shares
Source: Exchange Filings of Motilal Oswal
Source: CLSA research report on ICICI Securities
Now the coincidence
CLSA was the lead manager for the ICICI Securities IPO which was issued at 520 Rs/share !
Or how to sell when your own promoter is buying
Source: Investor Presentation of Century Textiles