Lokesh Machines Ltd
NSE:LOKESHMACH
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During the last 3 months Lokesh Machines Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 59% over this period ( loading = false, 5000)" href="https://www.alphaspread.com/comparison/nse/lokeshmach/vs/indx/bsesn">open performance analysis).
The last transaction was made on
Feb 27, 2021
by
M Srikrishna
, who
bought
7.3m INR
worth of
LOKESHMACH shares.
During the last 3 months Lokesh Machines Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 59% over this period ( loading = false, 5000)" href="https://www.alphaspread.com/comparison/nse/lokeshmach/vs/indx/bsesn">open performance analysis).
The last transaction was made on
Feb 27, 2021
by
M Srikrishna
, who
bought
7.3m INR
worth of
LOKESHMACH shares.
Lokesh Machines Ltd
Glance View
Lokesh Machines Ltd. engages in the manufacture of machine tools. The company is headquartered in Hyderabad, Telangana. The company went IPO on 2006-04-28. The firm operates through two segments: Machines Division and Component Division. The Company’s CNC Machines products include CNC Turning Centers, Vertical Machining Centres, Drill And Tap Centres, Turn Mill Centres, Vertical Turning Lathe and Horizontal Machining Centres. Its special purpose machines include Milling Machines, Drilling Machines, Boring Machines and Transfer Lines. Its automation products include Gantry Automation, Robotic Automation, 4th Axis Automation and Customization Of Standard Machines. Its auto components include Cylinder Blocks, Cylinder Heads and Connecting Rods.
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.