FII Bessemer cuts Urban Company stake to 3.42 percent via open market sale
URBANCO · price
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On the reaction day the stock moved 2.6 pts less than Nifty Smallcap 250 and 1.7 pts less than its E-Retail/ E-Commerce peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Bessemer India Capital Holdings II Ltd, an FII not part of promoter group, sold 2,51,51,118 equity shares (2.12 percent) of Urban Company via open market between August 13 and September 23, 2026, including a block deal on August 13. Holding fell from 7.79 crore shares (5.54 percent) to 5.28 crore shares (3.42 percent).
A large FII trimming its stake may signal waning conviction. Watch for further selling pressure, though Bessemer still holds 3.42 percent.