Triveni Engineering and Industries Ltd
NSE:TRIVENI
During the last 3 months Triveni Engineering and Industries Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 4% over this period (open performance analysis).
The last transaction was made on
Sep 11, 2023
by
Rati Sawhney
(Chief Financial Officer)
, who
sold
3.1B INR
worth of TRIVENI shares.
During the last 3 months Triveni Engineering and Industries Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 4% over this period (open performance analysis).
The last transaction was made on
Sep 11, 2023
by
Rati Sawhney
(Chief Financial Officer)
, who
sold
3.1B INR
worth of TRIVENI shares.
Triveni Engineering and Industries Ltd
Glance View
Triveni Engineering and Industries Ltd., a prominent player in India's industrial sector, has carved a niche for itself through its dual focus on engineering and sugar production. Founded in 1932 with its roots in the sugar industry, Triveni has grown into a diversified conglomerate. The company's business model adeptly balances the cyclical nature of the sugar industry with the steady demand for engineering products. In its sugar division, Triveni benefits from India's demanding appetite for sugar, producing it along with related byproducts such as ethanol and power generation from bagasse. By leveraging government incentives and initiatives for ethanol blending, the company ensures a steady revenue stream. Simultaneously, Triveni thrives with its engineering division, capitalizing on India's infrastructure boom and the global demand for specialized engineering solutions. The company provides a wide range of services, including the manufacturing of turbines and high-speed gears, which are integral to power generation and heavy industries. Triveni's engineering arm focuses on high-margin, technology-driven products that foster long-term customer relationships. By maintaining a strategic balance between the sugar and engineering operations, Triveni Engineering sustains a robust financial health, drawing strength from both domestic and international markets.
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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