Sutlej Textiles and Industries Ltd
NSE:SUTLEJTEX
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We don't have any information about SUTLEJTEX's insider trading.
Sutlej Textiles and Industries Ltd
Glance View
Sutlej Textiles & Industries Ltd. is a holding company, which engages in the manufacture and sale of textile products. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2006-12-14. The firm operates through two segments: Yarn and Home textiles. Its Yarn segment comprises of recycle polyester staple fiber, cotton and man made fibers yarn. Its Home textiles segment comprises of home furnishing and fabric processing. The firm offers a range of products through yarn category, which includes polyester, acrylic, cotton melange, injection slub yarn, neppy yarn, roving grindle yarn, siro spun, siro compact, lycra twisted, core spun and double core yarns, in single-ply, double-ply and multi-fold. The firm offers a range of products through home textiles category, which includes upholstery fabrics, drapery fabrics and made-ups. The company also manufactures recycled polyester fiber from polyethylene terephthalate (PET) bottles. The company offers made-ups, including cushions, throws, curtains and bed scarves in customized designs and sizes as per the specifications of its clients.
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.
