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Envision Capital’s Nilesh Shah Calls Equitas SFB’s 30% Stock Plunge an Overreaction

The stock fell from ₹70 to around ₹50 after founder and CEO PN Vasudevan resigned, wiping out nearly ₹2,000 crore in market value. Envision Capital founder Nilesh Shah said the decline appears to be a market overreaction.

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