ResGen Ltd
BSE:543805
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ResGen Ltd
Glance View
ResGen Ltd. engages in the manufacture of pyrolysis oil from all kinds of plastic waste and plastic scrap. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2023-03-13. The firm operates through manufacturing and selling of pyrolysis oil and carbon (substitute for coal) from plastic waste segment. The company is developing technology to improve the efficiency of the chemical recycling process. The company uses technology and a patented catalytic pyrolysis process to turn plastic waste into PlasEco. Its Clear Carbon is the online recycling platform that connects businesses, consumers and recyclers with up to eight different types of waste in a few taps on its mobile app. The firm has set up a Chemical Recycling Plant in Vikramgad (Palghar), Maharashtra.
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.
