Tata Steel Long Products Ltd
NSE:TATASTLLP
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We don't have any information about TATASTLLP's insider trading.
Tata Steel Long Products Ltd
Glance View
Tata Steel Long Products Ltd. engages in manufacturing and sells sponge iron in India. The company is headquartered in Keonjhargarh, Orissa and currently employs 2,357 full-time employees. The firm manufactures high-alloy steel for various industrial uses, including automotive, construction and infrastructure, general engineering, railways and agriculture segments. Its product range includes high-end steel products for segments, like forgings, bearings, fasteners and free cutting. The company is engaged in steel manufacturing from mining and processing iron ore to producing and distributing steel-based long products. The firm also has sponge iron manufacturing facility and power plants generating power from waste heat and thermal coal. Its products and solutions include steel, sponge iron and wire rods. Its steel manufacturing facility is located in Gamharia, Jharkhand, which comprises a pellet plant, sinter plant, oxygen plant, lime kiln plant, coke oven, sponge iron plant consisting of about five kilns, two blast furnaces and a steel melting shop.
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.
