Precision Wires India Ltd
NSE:PRECWIRE
We don't have any information about PRECWIRE's insider trading.
Precision Wires India Ltd
Glance View
Precision Wires India Ltd. engages in the manufacture and sale of winding wires. The company is headquartered in Mumbai, Maharashtra and currently employs 593 full-time employees. The firm is engaged in manufacturing of electrical equipment, general purpose, and special purpose machinery and equipment. The company offers insulated enameled wires and other insulated electric conductors, including insulated enameled round winding wires, enameled strips, paper insulated copper conductors, and continuously transposed conductors. Its products include enameled round winding wires, enameled rectangular wiring wires, continuously transposed conductor, paper insulated copper conductor. Its wires are widely used in equipment, such as Rotating machines (manufacturer and repairer); Alternators; Hermetic motors (for refrigeration and air conditioning equipment); Power and Distribution Transformers; Control and Power supply Transformers; Ballasts; Auto Electricals; Electric hand Tools; Household appliances, and Fans.
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.
