Borosil Renewables Ltd
NSE:BORORENEW
During the last 3 months Borosil Renewables Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 13% over this period (open performance analysis).
The last transaction was made on
Aug 9, 2021
by
Sanjeev Kumar Jha
(Chief Financial Officer)
, who
sold
12.8m INR
worth of BORORENEW shares.
During the last 3 months Borosil Renewables Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 13% over this period (open performance analysis).
The last transaction was made on
Aug 9, 2021
by
Sanjeev Kumar Jha
(Chief Financial Officer)
, who
sold
12.8m INR
worth of BORORENEW shares.
Borosil Renewables Ltd
Glance View
Borosil Renewables Ltd. engages in manufacturing and sale of solar glass. The company is headquartered in Mumbai, Maharashtra and currently employs 602 full-time employees. The company offers various product range of solar glasses, which includes antimony free solar glass, anti-reflective and anti-soiling coated solar glass and anti-reflective and shipments in reusable/returnable packaging to cut down need for wood. The company is a manufacturer of various ranges of volumetric glassware and exports it to over 50 countries across the world. Its consumer offerings include a range of glassware, such as opalware dinner sets (sold under the brand Larah), kitchen appliances, storage products, glass lunch boxes and stainless-steel vacuum insulated flasks and bottles. Its products, such as Selene, is an anti-glare solar glass suitable for PV installations near airports and Shakti, is a solar glass in matt-matt finish. The company also manufactures specialty glasses.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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