Sterlite Technologies Ltd
NSE:STLTECH
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During the last 3 months Sterlite Technologies Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 158% over this period (open performance analysis).
The last transaction was made on
Oct 7, 2018
by
Sairam Krovi
, who
sold
1.7m INR
worth of 
STLTECH shares.
During the last 3 months Sterlite Technologies Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 158% over this period (open performance analysis).
The last transaction was made on
Oct 7, 2018
by
Sairam Krovi
, who
sold
1.7m INR
worth of STLTECH shares.
Sterlite Technologies Ltd
Glance View
Sterlite Technologies Ltd. engages in the business of connectivity and network solutions. The company is headquartered in Pune, Maharashtra and currently employs 3,286 full-time employees. The company went IPO on 2000-12-08. The firm designs and deploys high-capacity converged fiber cables and wireless networks. The firm's portfolio includes Optical Interconnect Products, which includes Glass Preform, Optical Fiber, Optical and Specialty Cables and Optical Interconnect Kits; System Integration Services, which includes Network Design Services, Fiber Rollout Services, Network O&M Services, Data Center Network and Private Enterprise Network; Access Solutions, which includes Programmable fiber to the x (FTTx), fifth-generation (5G) Small Cells, 5G Macro Radios, RAN Intelligent Controller and Wi-Fi 6 Access Solution; Network Software Products, which includes Digital BSS Platforms, Network Operations Platforms and 5G Monetization. Its solutions include optical connectivity solutions, fiber deployments solutions, FTTx access network solutions and network modernization solutions.
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.
