Jindal Worldwide Ltd
NSE:JINDWORLD
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We don't have any information about JINDWORLD's insider trading.
Jindal Worldwide Ltd
Glance View
Jindal Worldwide Ltd. engages in the manufacture and supply of denim and home textiles. The company is headquartered in Ahmedabad, Gujarat. The firm is primarily engaged in the manufacturing of denim fabric, premium shirting’s, yarn dyeing, bottom weights, and bed shirts. Its premium shirting’s has capacity to process approximately 25 million meters per annum including prints for men’s wear, women’s wear and kids. Its bottom weights has capacity to process approximately 25 million meters fabric each year. The firm offers a range of bed sheets, which includes quilt covers / duvet covers, flat sheets, fitted sheets, pillow covers, valance sheets and bolster case. Its fabrics include cotton, viscose, acrylic and polyester. Its divisions include Jindal Denims Inc., Jindal Fabric Inc., Jindal Spinning Inc., Jindal Creations Inc., Made-Ups Division and Jindal Fashion Inc. Its wholly owned subsidiary is Planet Spinning Mills Private Limited. The company has four manufacturing units, which consists of facilities from spinning, weaving, confection, and packing for the retail outlets.
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.
