Solar Industries India Ltd
NSE:SOLARINDS
During the last 3 months Solar Industries India Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 6% over this period (open performance analysis).
The last transaction was made on
Mar 19, 2019
by
Nilesh Panpaliya
(Chief Financial Officer)
, who
bought
205.5k INR
worth of SOLARINDS shares.
During the last 3 months Solar Industries India Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 6% over this period (open performance analysis).
The last transaction was made on
Mar 19, 2019
by
Nilesh Panpaliya
(Chief Financial Officer)
, who
bought
205.5k INR
worth of SOLARINDS shares.
Solar Industries India Ltd
Glance View
In the heart of industrial India, where innovation meets opportunity, Solar Industries India Ltd has carved a niche that blends the art of explosive manufacturing with strategic business acumen. Founded in 1995, the company has evolved from its humble beginnings in Nagpur to become a leading explosives manufacturer, holding the distinction of being India’s largest and among the top global players. The company is best known for its production of industrial explosives and initiating systems, serving sectors such as mining, infrastructure, and defense. What sets Solar Industries apart is its integrated approach, from manufacturing the raw materials to delivering the final product and providing technical support, ensuring that clients receive a comprehensive solution tailored to their specific needs. At the core of its financial success is Solar Industries' ability to capitalize on both domestic and international markets, enabling a robust revenue stream. Primarily, the company generates income from the sale of explosives used in mining projects, where its products help in efficient extraction of minerals. Additionally, with a keen eye on diversification, Solar Industries extends its reach into the growing defense sector, offering ammunition and related defense products, which represent a promising vertical with significant growth potential. By combining its deep industrial expertise with strategic expansions into newer domains, Solar Industries not only fuels its own growth but also contributes significantly to the industries it serves, maintaining a steady pulse on the markets and technologies that drive its business forward.
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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