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With stock price surging by 141% from its all-time low in October 2018, Aavas Financiers’ top management including its CEO sold shares worth Rs.665 million on May 6

Aavas Financiers is not exactly a cheap housing finance stock, but Nepean Capital's co-founder believes it's for a reason

The weight of pledged shares may see many promoters ending at the mercy of financiers

Promoters are no longer averse to publicly squabbling with their financiers, and, if need be, fight them in the courts