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3M India Insider ownership

What is the Insider ownership of 3M India?

The Insider ownership of 3M India Limited is 76.48%

What is the definition of Insider ownership?



Insider Ownership is calculated as the total number of shares owned by insiders (shareholders who own more than 5% of the corporation or an officer or director of the company) divided by the total Shares Outstanding.

A high value of insider ownership means that those working for the company have a large stake in the success of the company. This is sometimes seen as a sign that those running the company will work hard to ensure its success or believe the company's stock price will rise.

A change in insider ownership may come from exercise of option, stock grant and buying or selling of company shares. A purchase of company share signifies a confidence in the company's future performance by people who know the company best. Therefore, Net Insider buying is also an important indicator for investors.

Insider ownership of companies in the Industrials sector on NSE compared to 3M India

What does 3M India do?

3M India Limited engages in the manufacture and trade of various products for health care, manufacturing, automotive, safety, electronics, energy, commercial solutions, transportation, and design and construction industries in India. The company operates through four segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial segment offers vinyl, polyester, foil, and specialty industrial tapes and adhesives, such as scotch masking tapes, scotch filament and packaging tapes, functional and decorative graphics, abrasion-resistant films, masking tapes, and other specialty materials. This segment serves industrial, electrical, and safety markets. The Health Care segment provides medical and surgical supplies; medical devices; skin and wound care, as well as infection prevention products and solutions; drug delivery systems; dental and orthodontic products; and food safety products. The Transportation and Electronics segment offers personal protection products, brand and asset protection solutions, border control products, passive fire protection products for industries and commercial establishments, track and trace products, and cleaning and hygiene products for the hospitality industry. The Consumer segment provides home improvement, stationery and office supplies, home care, and consumer health care. This segment also includes retail auto care product lines, such as office supply, stationery, home improvement (do-it-yourself), home care, protective material, consumer retail personal safety, and consumer healthcare products. The company also exports its products. The company was incorporated in 1987 and is based in Bengaluru, India. 3M India Limited operates as a subsidiary of 3M Company.

Companies with insider ownership similar to 3M India