
Superstar Investor Mohnish Pabrai had bought CARE Ratings shares in multiple SAST transactions in August and September 2018. Pabrai Investment Fund bought 2.42% in August and 2.06% of total shares in September. The share price of CARE Ratings however, has continued to fall since these purchases, and Pabrai is now selling off these shares.
Pabrai sold off 2.43% and 3.25% of total shares in two SAST transactions, reported to the Exchange on 17 December and 24 December. These have been sold off at losses, reflecting the eternal challenge for investors - a stock may look undervalued, but when do you buy? The share price may just keep falling for a while.
Pabrai has also sold 3.38% of total shares in Healthcare Global Enterprises, a transaction made around 21 December and reported to the exchange on the 26th.