S. P. Apparels Ltd
NSE:SPAL
During the last 3 months S. P. Apparels Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 21% over this period (open performance analysis).
The last transaction was made on
Feb 1, 2019
by
Mr.p.sundararajan
, who
bought
1.3m INR
worth of SPAL shares.
During the last 3 months S. P. Apparels Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 21% over this period (open performance analysis).
The last transaction was made on
Feb 1, 2019
by
Mr.p.sundararajan
, who
bought
1.3m INR
worth of SPAL shares.
S. P. Apparels Ltd
Glance View
S.P.Apparels Ltd. engages in the manufacture, sale, and trade of knitted garments. The company is headquartered in Tiruppur, Tamil Nadu. The company went IPO on 2016-08-12. The firm operates approximately 21 factories. The firm delivers products to its customers by vertically integrated manufacturing with a real-time system, control mechanism and lean manufacturing setup. Its products deliver end-to-end garment manufacturing services from greige fabric to finished products. The Companies subsidiaries include Crocodile Products Private Limited and S.P. Apparels (UK) (P) Limited. Crocodile Products Private Limited is engaged in the business of, inter alia, establishing and managing units to manufacture, trade, deal, import and export garments, and manufacturing, distribution and marketing of menswear products under the trademark Crocodile in India. S.P. Apparels (UK) (P) Limited is engaged in trading activities with new customers in the United Kingdom, Ireland and other European countries.
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