Overview

• Shares rose as much as 10.8% on Sept. 2 to Rs 263 with turnover of Rs 288 crore, and traded at 5.3 times the 30‑day average volume.
• The rebound began Sept. 1, when the stock jumped up to about 16% as 2.2–2.7 crore shares changed hands versus a 20‑day average of roughly 7 lakh.
• Abu Dhabi Investment Authority sold its entire 2.1% stake—16.44 lakh shares—for about Rs 39.2 crore at an average price of Rs 238.45.
• Exchange data show BOFA Securities Europe SA bought 5 lakh shares, SSPL Securities purchased 3 lakh, and S I Investments picked up 4 lakh in the bulk deals.
• Despite the two-day surge, the stock remains far below its post-listing highs and is down roughly 60% year to date, as Q1 FY26 results showed a Rs 41.9 crore net loss and a 20.7% YoY revenue decline to about Rs 271 crore.