Orbit Exports Ltd
NSE:ORBTEXP
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Orbit Exports Ltd
Glance View
Orbit Exports Ltd. is a holding company, which engages in the manufacture and export of textiles. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2013-11-05. The firm operates through two segments: Manufacturing of Textile and Renewable Power Energy. The firm is an exporter of novelty fabrics and ribbons and made-ups to the United States, Latin America, Africa, Middle East and Europe. The Company’s products include Jacquard, Dupion, Silky Charmeuse, Taffeta, Taj Mahal, Sylvia and Monza Jacquard, Olivia Jacquard, New Sherwani Jacquard, Monochrome Jacquard, Mercury Jacquard, Impression Jacquard, Glossy Jacquard, Florence Jacquard, Feather Jacquard and Bamboo.
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.