Manaksia Steels Ltd
NSE:MANAKSTEEL
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We don't have any information about MANAKSTEEL's insider trading.
Manaksia Steels Ltd
Glance View
Manaksia Steels Ltd. is a holding company, which engages in the provision of hold and cold rolled products and steel. The company is headquartered in Kolkata, West Bengal. The company went IPO on 2015-03-30. The firm offers hot/cold rolled products of steel. The firm operates in Metal segments. The firm manufactures and sells value-added steel products comprising Cold Rolled Sheets, which is used in interior and exterior panels of automobiles, buses and commercial vehicles; Galvanized Corrugated Sheets, which find use in the rural housing sector and factory buildings; Galvanized Plain Sheets, which is used in the manufacture of containers and water tanks, and Color Coated (Pre-painted) Coils and Sheets for sale to construction, housing, consumer durable and other industries. The Company’s products include cold-rolled steel sheets and coils, galvanized steel sheets and coil, and color-coated steel sheets and coils. The firm has a 120,000 million tons per annum (MTPA) steel cold rolling plant at Haldia for manufacture of Cold Rolled Coils and Sheets.
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.
