Magma Fincorp Insider ownership
What is the Insider ownership of Magma Fincorp?
The Insider ownership of Magma Fincorp Limited is 100.00%
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 Finance sector on NSE compared to Magma Fincorp
What does Magma Fincorp do?
Magma Fincorp Limited, a non-banking financial company, provides asset finance services in India. The company offers loans for cars, SMEs, construction equipment, commercial vehicles, tractors, and used vehicles. It also provides housing finance; and auto leasing services. The company operates a network of 314 branches. Magma Fincorp Limited was incorporated in 1978 and is headquartered in Mumbai, India.
Companies with insider ownership similar to Magma Fincorp
- Eurasia Fonciere Investissements Societe Anonyme has Insider ownership of 99.83%
- Altareit SCA has Insider ownership of 99.85%
- Galimmo SCA has Insider ownership of 99.92%
- Bangfu Technology Co has Insider ownership of 99.97%
- La Fonciere Verte has Insider ownership of 99.97%
- Alveen S.A has Insider ownership of 99.99%
- Magma Fincorp has Insider ownership of 100.00%
- Nustar Logistics LP has Insider ownership of 378.73%