Shree Cement Insider ownership
What is the Insider ownership of Shree Cement?
The Insider ownership of Shree Cement Limited is 72.74%
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 Materials sector on NSE compared to Shree Cement
What does Shree Cement do?
Shree Cement Limited manufactures and sells cement and clinker in India and internationally. It offers cement under the Roofon, Bangur Power, Shree Jung Rodhak, Bangur Cement, and Rockstrong brand names. The company also engages in the generation of power with a total capacity of 771 megawatts through thermal, waste heat recovery, solar, and wind power plants. Further, it produces autoclaved aerated concrete blocks, a lightweight and precast building material. Shree Cement Limited was incorporated in 1979 and is based in Kolkata, India.
Companies with insider ownership similar to Shree Cement
- Galaxy Surfactants has Insider ownership of 72.72%
- Mahalaxmi Rubtech has Insider ownership of 72.72%
- Bayer CropScience has Insider ownership of 72.72%
- Samurai Capital has Insider ownership of 72.73%
- TEXAF SA has Insider ownership of 72.73%
- Lykis has Insider ownership of 72.73%
- Shree Cement has Insider ownership of 72.74%
- Aayush Food and Herbs has Insider ownership of 72.74%
- Lee and Man Paper Manufacturing has Insider ownership of 72.74%
- e Partouche SA has Insider ownership of 72.75%
- Thelloy Development has Insider ownership of 72.75%
- DLC Asia has Insider ownership of 72.75%
- Rane (Madras) has Insider ownership of 72.76%