In the past one year, the stock price of Motilal Oswal Financial Services (MOFS), India’s leading financial conglomerate, has surged by a staggering 153%, against an 11.52% rise in the benchmark Sensex. Making the most of this rally, director Navin Agarwal sold 600,000 shares worth Rs.76.5 crore on September 28. Post the sale, Agarwal’s stake has reduced to 4.84% from 5.25%. This is the second time in this calendar year that Agarwal has sold in the open market. Earlier on June 15, Agarwal had sold 200,000 shares worth Rs.25.5 crore.
Navin Agarwal has sold shares worth ₹102 crore in MOFS this year
Summer wine and salad
Kishore Singh - January 19, 2015
A double topping for growth
Meghna Maiti - January 15, 2015
Scriptures for success
Kripa Mahalingam - January 27, 2015
Where's the party tonight?
Aditi Saxena - January 27, 2015
The million-dollar question: Is investing a game of luck or skill?
Shankar Sharma - May 04, 2021