Lloyds Steels Industries Ltd
NSE:LSIL
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We don't have any information about LSIL's insider trading.
Lloyds Steels Industries Ltd
Glance View
Lloyds Steels Industries Ltd. engages in designing, engineering, manufacturing, fabrication, supply, erection and commissioning of mechanical, hydraulic, structural, process plants, metallurgical, chemical plants equipments including marine and truck/wagon loading/unloading arms, columns, pressure vessels, dryers, boilers, power plant, steel plant, capital equipments, and execution of Turnkey and engineering, procurement & construction projects. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2016-07-18. The firm operates in Engineering Products and Services segment. The firm is principally engaged in the design, engineering, manufacturing, fabrication, supply, erection and commissioning of all types of mechanical, hydraulic, structural, process plants, metallurgical, chemical plants equipment including marine loading/ unloading arms, truck/wagon loading/unloading arms, columns, pressure vessels, dryers, boilers, power plant, steel plant equipment, capital equipment and execution of turnkey and engineering procurement construction (EPC) projects. The Company’s projects include 30 MW Power Plant and Pellet Plant. The company serves hydrocarbon, steel, nuclear power, marine, ports, jetty and refineries, and engineering procurement construction.
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.
