Globus Spirits Ltd
NSE:GLOBUSSPR
During the last 3 months Globus Spirits Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 30% over this period (open performance analysis).
The last transaction was made on
Aug 17, 2023
by
Rambagh Facility Services Llp
, who
bought
2m INR
worth of GLOBUSSPR shares.
During the last 3 months Globus Spirits Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 30% over this period (open performance analysis).
The last transaction was made on
Aug 17, 2023
by
Rambagh Facility Services Llp
, who
bought
2m INR
worth of GLOBUSSPR shares.
Globus Spirits Ltd
Glance View
Globus Spirits Ltd. operates as a holding company, which engages in the manufacture and sale of Indian made Indian liquor, bulk alcohol and franchise bottling. The company is headquartered in New Delhi, Delhi. The company went IPO on 2009-09-23. Its business segments are divided into manufacturing and consumer business. The Company’s consumer products include Ghoomar, Heer Ranjha, Shahi, Goldee-Blue and Red, GR8 Times, Rajputana, Globus Spirits Dry Gin, White Lace and TERAI India Dry Gin. The Company’s manufacturing products include grain neutral alcohol, bioethanol, special denatured spirit, technical alcohol and fusel oil. The firm's IMIL brands include Nimboo, Goldee, Heer Ranjha and Narangi. The firm has one subsidiary M/s Unibev Limited.
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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