Commercial Syn Bags Ltd
NSE:COMSYN
We don't have any information about COMSYN's insider trading.
Commercial Syn Bags Ltd
Glance View
Commercial Syn Bags Ltd. engages in the manufacture and sale of plastic articles for the packing of goods. The company is headquartered in Indore, Madhya Pradesh. The company went IPO on 2016-07-14. The firm operates through three segments: Manufacture and sale of flexible intermediate bulk container (FIBC), bulk bags, poly tarpaulin, woven sacks/bags, box bags, polypropylene (PP)/ high density polyethylene (HDPE) fabric and liner; Trading of Granules; and Solar Power Generation. The company is also engaged in the manufacturing of mulch films, tarpaulin (under the brand name Tiger Tarpaulin), vermi beds, flexible pipes (under the brand name Comsyn Swajal) and flexible packaging for export and domestic markets. Its other range of products are sold under the brand name Comsyn. The company manufactures flat/circular PP and HDPE fabric for converting into packaging, sheltering and covering products. The firm produces approximately four to five million bags annually. The firm's wholly owned subsidiary is Comsyn India Private Limited.
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.