Vodafone Idea plans an Rs 18,000 crore FPO on April 18, attracting GQG Partners with $300-400 million bids. Analysts cautious due to profit concerns, low listing expectations, capex needs, 5G delay, and industry challenges.
HUL, Asian Paints see biggest drop in promoter holdings in Q4. Here are other top names
Promoters decreasing their shareholding is sometimes considered negative for the stock as it shows that the promoters don’t believe in the company’s future.