Riga Sugar Co Ltd
BSE:507508
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We don't have any information about Riga Sugar Co Ltd's insider trading.
Riga Sugar Co Ltd
Glance View
Riga Sugar Co. Ltd. engages in the manufacture and sell of sugar and ethanol. The company is headquartered in Kolkata, West Bengal. The Company’s segment includes Sugar and Distillery. The Sugar segment includes production of sugar, molasses, power and fertilizers. The Distillery segment includes production of Ethanol. The firm manufactures bio-compost in the name of HARABHARA fertilizer-KRISHI-LABH by using distillery effluents on press mud of sugar, which is useful for food grains, vegetable, fruits, sugarcane and tea plant. The firm also produces vermin-compost. The company also produces bio-fertilizers and booster. The firm has set-up co-generation plant for producing 11 megawatt of electricity and three megawatt of power is exported. The firm offers bio-fertilizers- and booster products under various brands, such as AMRIT, BASUNDHRA and SANJIVINI. The Company’s product sugar is sold under its own brand name as RIGA SUGAR.
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.
