India Cements Capital Ltd
BSE:511355
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We don't have any information about INDCEMCAP's insider trading.
India Cements Capital Ltd
Glance View
India Cements Capital Ltd. engages in buying and selling of foreign currencies. The company is headquartered in Chennai, Tamil Nadu. The Company, through For Xchange product, is engaged in money-changing services. In addition to buying and selling of all currencies and travelers checks. The firm's product also stocks Axis Banks Travel Currency Prepaid Cards besides being sub-agents for Western Union Money Transfer. The Company, through the Coromandel Travels product, is engaged in extending travel-related services, such as ticketing, hotel bookings, car rentals and leisure packages, and miscellaneous services, such as passport issuance and visa processing. The Company, through the Midas Advisory product, extends advisory services on the foreign exchange market to exporters and importers under the brand name, Midas Advisory. The firm deals in the cash market, futures and options and extends depository participant services.
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.