Pennar Industries Ltd
NSE:PENIND
During the last 3 months Pennar Industries Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 2% over this period (open performance analysis).
The last transaction was made on Aug 23, 2023 by Aditya Narsing Rao (Vice Chairman and Managing Director) , who bought 5.4m INR worth of PENIND shares.
During the last 3 months Pennar Industries Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 2% over this period (open performance analysis).
The last transaction was made on Aug 23, 2023 by Aditya Narsing Rao (Vice Chairman and Managing Director) , who bought 5.4m INR worth of PENIND shares.
Pennar Industries Ltd
Glance View
Pennar Industries Ltd. is a holding company, which engages in the provision of engineered products and services. The company is headquartered in Hyderabad, Telangana. The company went IPO on 2010-11-24. The firm is engaged in the manufacturing of cold rolled steel strips, precision tubes, cold rolled formed sections, electrostatic precipitators, and profiles. Its segments include Diversified Engineering and Custom designed building solutions & auxiliaries. The company manufactures railway wagons and coach components, press steel components, hydraulics, road safety systems and galvanized products. The company provides a range of services, which includes structural engineering services, BIM (building information modelling), plant and product engineering services, and industrial automation. The firm serves various industries, such as building and infrastructure, oil and gas, automotive value engineering, heavy engineering, rail transportation, and other industries. The company has manufacturing facilities at Patancheru, Isnapur and Velchal in the state of Telangana, Chennai and Hosur in Tamil Nadu, Tarapur in Maharashtra.
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.
You don't have any saved screeners yet