Unlike the other co-founder Sachin Bansal who cashed out his stake, Binny Bansal has made his intentions clear by indicating he will hold on to minority stake in the company.

The uneasy truce is likely to see the RBI ease up on some lending restrictions to help the government stimulate the economy, said the sources.

The stock fell up to 6.67% to 207.65  in early trade compared to its previous close of 222.50 on the BSE. At 9:48 am, the stock was trading 6% lower at 209.20.

The stock rose up to 7.08% in early trade to 276 level on the BSE.  The stock has been gaining for the the last three days and risen 11.01% in the period.  The small cap stock opened with a gain of 4.46% at 269.25 on the BSE.

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