Metro Brands Ltd
NSE:METROBRAND
During the last 3 months Metro Brands Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 11% over this period (open performance analysis).
The last transaction was made on
Jan 27, 2022
by
Pramod Parshuram Sutar
(Company Secretary and Compliance Officer)
, who
sold
1.2m INR
worth of METROBRAND shares.
During the last 3 months Metro Brands Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 11% over this period (open performance analysis).
The last transaction was made on
Jan 27, 2022
by
Pramod Parshuram Sutar
(Company Secretary and Compliance Officer)
, who
sold
1.2m INR
worth of METROBRAND shares.
Metro Brands Ltd
Glance View
Metro Brands Ltd. is a prominent footwear retailer in India, weaving its narrative from a small enterprise into a bustling empire over the decades. The company's journey began in 1955 from a single store in Mumbai and has since blossomed into a vast network of over 500 stores, strategically placing them as a key player in the Indian footwear sector. Known for catering to a diverse range of customers, Metro Brands operates under various brand names like Metro, Mochi, Walkway, and Da Vinchi, each serving distinct market segments. With these labels, the company taps into the broad spectrum of consumer preferences, ranging from economically priced options to trendy and premium fashion footwear. Their retail outlets often find their home in prime retail spaces, gaining substantial foot traffic, which bolsters their sales numbers. Metro Brands’ business model thrives on a robust supply chain and strategic sourcing. They collaborate with numerous domestic and international manufacturers, ensuring a steady flow of stylish and high-quality products to their shelves, matching consumer trends with precision. In addition to their in-store presence, Metro Brands has embraced the digital era by enhancing their online sales platform, effectively blending traditional retail with e-commerce to capture a larger market share. This omni-channel approach enables them to reach customers across various touchpoints, significantly augmenting revenue streams. By maintaining a strong brand portfolio and capitalizing on retail strategies that integrate the latest technological advancements, Metro Brands Ltd. continues to sustain its growth and profitability in the competitive footwear landscape.
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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