Indian Hume Pipe Company Ltd
NSE:INDIANHUME
During the last 3 months Indian Hume Pipe Company Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 18% over this period (open performance analysis).
The last transaction was made on
Jun 19, 2023
by
Ihp Finvest Limited
, who
bought
520m INR
worth of INDIANHUME shares.
During the last 3 months Indian Hume Pipe Company Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 18% over this period (open performance analysis).
The last transaction was made on
Jun 19, 2023
by
Ihp Finvest Limited
, who
bought
520m INR
worth of INDIANHUME shares.
Indian Hume Pipe Company Ltd
Glance View
Indian Hume Pipe Co. Ltd. engages in manufacturing, laying, and jointing pipelines. The company is headquartered in Mumbai, Maharashtra and currently employs 1,472 full-time employees. The firm offers engineering, procurement, and construction (EPC) contracts covering construction, maintenance, laying and jointing of pipelines of various pipe materials, for providing infrastructure facility of drinking water supply projects, irrigation projects, sanitation, and sewerage systems. The firm manufactures and sells bar wrapped steel cylinder pipes (BWSC), prestressed concrete cylinder pipes (PCCP), steel pipes, prestressed concrete pipes, and reinforced concrete (RCC) pipes. The company also provides prestressed concrete railway sleepers to Indian railways. The firm offers urban and rural water supply, penstock for hydro power generation, tunnel lining, large diameter irrigation pipelines, head works including pumping machinery, treatment plants, and other allied civil construction.
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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