Wendt (India) Limited
NSE:WENDT
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We don't have any information about WENDT's insider trading.
Wendt (India) Limited
Glance View
Wendt (India) Ltd. is a manufacturer of super abrasives, precision grinding, honing and special purpose machines and precision components. The company is headquartered in Hosur, Tamil Nadu and currently employs 388 full-time employees. The firm operates through three segments: Super Abrasives, Machines, Accessories and Components, and Others. Its super abrasive products consist of diamond/cubic boron nitride (CBN) grinding wheels in various bonding systems, rotary dressers, stationary dressers, hones and segmented products. Its machines include grinding machines and honing machines. Its precision components include hardened and ground flanges. Its star range of products include single point dressers, natural point diamond dresser, chisel type dressers, grit-impregnated dressers, cluster type dressers, multi-point indexable dressers, blade type dressers and others. Its allied products include machine refurbishing, accessories and equipment, surface finishing solutions and floking. Its subsidiaries include Wendt Grinding Technologies Limited and Wendt Middle East FZE.
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.