Scoobee Day Garments (India) Ltd
BSE:531234
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We don't have any information about SCOOBEEDAY's insider trading.
Scoobee Day Garments (India) Ltd
Glance View
Scoobee Day Garments (India) Ltd. engages in the business of manufacturing and sale of paper and paper boards. The company is headquartered in Karur, Tamil Nadu. The Company’s products include garments and aluminum roofing sheets. The firm offers facilities fabric store, trims and accessories store, fabric inspection machine, fabric relaxing machine, auto fabric spreader, auto-cutter, auto cad, Procon bundle iTags, auto screen printing, electric heater, curing machine, lab and testing, embroidery, sewing, production, needle detection, finished goods store, ironing, end line checking, final inspection and roofing. The firm has its factory in Karur, Tamilnadu, which has an area of approximately 32.5 acres.
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.
