Tamilnadu Petroproducts Ltd
NSE:TNPETRO
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We don't have any information about TNPETRO's insider trading.
Tamilnadu Petroproducts Ltd
Glance View
Tamilnadu Petro Products Ltd. manufactures and markets petrochemicals products. The company is headquartered in Chennai, Tamil Nadu. The firm operates in the Industrial Intermediate Chemicals segment. The firm offers Linear Alkyl Benzene in various grades, which include SL-352 and SL-402. The firm also offers Ammonium Chloride, Hydrochloric Acid, Hydrogen and Sodium Hypo Chlorite. The Company’s product Linear Alkyl Benzene is used as a chemical intermediate to form Linear Alkyl Benzene Sulfonate (LAS), which is used as surfactant in detergents and cleaning products. The Linear Alkyl Benzene is used in various application in the manufacture of domestic detergents, institutional and industrial cleaners. Its Caustic Soda is an industrial chemical, and has applications in textile, pulp and paper, aluminum, soaps and detergents industries. The firm's manufacturing facilities are located at Manali.
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.
