Usha Martin Ltd
NSE:USHAMART
During the last 3 months Usha Martin Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 9% over this period (open performance analysis).
The last transaction was made on
Mar 6, 2024
by
Peterhouse Investments India Limited
, who
sold
153.5m INR
worth of USHAMART shares.
During the last 3 months Usha Martin Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 9% over this period (open performance analysis).
The last transaction was made on
Mar 6, 2024
by
Peterhouse Investments India Limited
, who
sold
153.5m INR
worth of USHAMART shares.
Usha Martin Ltd
Glance View
Usha Martin Ltd., a name synonymous with innovation in the wire rope industry, traces its origins to a small setup in the 1960s. Over the decades, the company has metamorphosed into a global powerhouse, standing as one of the leading manufacturers of wire ropes worldwide. Specializing in the production of steel wires and wire ropes, Usha Martin has strategically spread its wings across the continents, reaching diversified sectors such as construction, mining, shipping, and oil exploration. With its robust manufacturing plants located in India, the UK, and Thailand, the company leverages cutting-edge technology and a relentless focus on quality, ensuring its products meet the rigorous demands of safety and durability in extreme conditions. The essence of Usha Martin's business model lies in its ability to integrate its operations from the ground up. They not only produce high-quality wire ropes and specialty cables but have also ventured upstream into steel manufacturing, which enables them to control raw material costs more effectively. This vertical integration provides a significant competitive edge, allowing the company to maintain value across the supply chain. Additionally, Usha Martin enriches its revenue stream by offering engineering services and solutions, helping clients optimize the use of their products across industries. By investing in research and development, Usha Martin continuously enhances its product offerings, ensuring it stays at the forefront of industry demands while bolstering its financial performance in challenging 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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