Now Reading: Capillary Tech promoter sells ₹172 crore stake in bulk deal
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Capillary Tech promoter sells ₹172 crore stake in bulk deal
Capillary Technologies' promoter entity Capillary Technologies International Pte Ltd sold 32.9 lakh shares at ₹520.86 each in a bulk deal worth ₹171.5 crore, as per BSE data. The transaction trimmed the promoter's…
The Story in Brief
Capillary Technologies' promoter entity Capillary Technologies International Pte Ltd sold 32.9 lakh shares at ₹520.86 each in a bulk deal worth ₹171.5 crore, as per BSE data. The transaction trimmed the promoter's stake by over 8.5% from the 48.92% held at end-June 2026. The stock closed 7% lower at ₹521.95 on Tuesday.
The promoter appears to be booking profits after a recent uptick, though the stock is down 22.5% year-to-date. Capillary reported a net loss of ₹9.6 crore in Q1 FY27 against a profit a year ago, but operating revenue surged 42% to ₹256.6 crore. A Czech subsidiary also lost about ₹32.7 crore to cyber-enabled banking fraud last month.
The Indian Opinion
Some see the promoter sale as a warning sign, but the 8.5% stake dilution from a 48.92% holding is modest. Revenue jumped 42% even with a loss, and the cyber fraud is a one-off hit. Watch whether the promoter sells more in the next quarter, that will reveal true confidence.
Source: inc42.com
This story was synthesised by AI from the source linked above.
