Pranavaditya Spinning Mills Ltd
BSE:531172
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Pranavaditya Spinning Mills Ltd
Glance View
Pranavaditya Spinning Mills Ltd. engages in the operation of cotton spinning mills. The company is headquartered in Mumbai, Maharashtra. The firm operates through Textile Segment. The firm's plant is located in Kolhapur, Maharashtra, and is equipped with approximately 21,400 spindles. The firm's product types include Ring Spun Yarn and Twisted Two-For-One (TFO) Double Yarn for Weaving; Hosiery Yarn for knitting; Combed Cotton (New English system (Ne) 20's-Ne 40's), Slub (Ne 20's-Ne 40's); Cotton Core Lycra (Ne 20's-Ne 40's); Blended Yarn (Ne 20's-Ne 40's), and TFO (Ne 2/10-Ne 2/40's). The Company’s plant is located in Kolhapur, Maharashtra, and is equipped with approximately 22368 spindles. The firm's Kolhapur Works consists of over 14 doublers. The firm's plant has a capacity of approximately 3,500 metric tons per annum (P.A) Combed Cotton Yarn.
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.
