WPIL Ltd
BSE:505872
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We don't have any information about WPIL's insider trading.
WPIL Ltd
Glance View
WPIL Ltd. operates as a holding company, which engages in the design, development, manufacture, market, and installation of pumps and pumping systems. The company is headquartered in Kolkata, West Bengal and currently employs 439 full-time employees. The firm is engaged in designing, developing, manufacturing, erecting, commissioning and servicing of pumps and pumping systems. The company is also engaged in the business of fluid handling, from the supply of pumps to project execution. The firm operates through two segments: Pumps and Accessories, and Project. The Company’s Product Division supplies a range of pumps to the municipal, industrial, and irrigation sectors. Its Project Division undertakes water management contracts. Its products range include turbine pumps, mixed flow pumps, axial flow pumps, concrete volute pumps, pump turbine, split case pump, multistage pump, end suction pump, sewage pump, drainage pump, submersible centrifugal pump, vertical multistage pump and non-clog pump. Its manufacturing plants is located across Kolkata, Maharashtra, Uttar Pradesh and 24 Parganas.
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.
