The people involved pocketed a cool 52 crore rupees when they sold their shares. The retail investors who got suckered into buying the stocks were left holding the bag as usual. Sebi: If it sounds too good to be true, it probably is. When promoters or top management of a company are selling in a frenzy, when the stock prices head north, that's never a good sign.
In today’s episode for 4th March 2023, we explore the world of pump and dump operations and the red flags to look out for.
But before we get to the story, I have a question for you. Have your heard about the Mutual fund company whose schemes have topped the charts in 2020, 2021 and 2022? It's an incredibly story about a company whose name you may not have heard before. And in this YouTube video, we explain exactly what is happening here and whether you should consider investing in these schemes as well. Click here to watch the video.