Ness wadia business: The Bombay Burmah Trading Corporation, Limited (NSE:BBTC) Insiders Have Been Buying Shares

 The Last 12 Months of Insider Transactions At Bombay Burmah Trading Corporation

There wasn’t any very large single transaction over the last year, but we can still observe some trading.

Ness Wadia purchased 3.00k shares over the year. The average price per share was ₹711. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

Insider Ownership of Bombay Burmah Trading Corporation

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Bombay Burmah Trading Corporation insiders own about ₹9.4b worth of shares (which is 10% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Bombay Burmah Trading Corporation Tell Us?
The fact that there have been no Bombay Burmah Trading Corporation insider transactions recently certainly doesn’t bother us. On a brighter note, the transactions over the last year are encouraging. It would be great to see more insider buying, but overall it seems like Bombay Burmah Trading Corporation insiders are reasonably well aligned (owning significant chunk of the company’s shares) and optimistic for the future. While we like knowing what’s going on with the insider’s ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision.

News Source

Comments

Post a Comment

Popular posts from this blog

Ness Wadia Hails Kings XI Punjab Captain KL Rahul

Image
"He is a captain in the making, as he said recently 'I have watched Virat, thinking like a captain.' And when you're a wicket keeper you automatically think a lot, so it's going to be amazing. Our role is just to encourage them and give them more confidence," he added. KXIP has so far played three matches, recording two losses and a win. However, Rahul's performance in the last two games has been phenomenal. During the team's second match, the captain played an unbeaten knock of 132 runs off just 69 balls against Royal Challengers Bangalore (RCB), guiding his side to a massive 97-run win. IPL was initially scheduled to take place in March but it was postponed due to the coronavirus pandemic. The league commenced on September 19 in the UAE. Wadia said he knew all along that IPL would happen and had full faith in the Board of Control for Cricket in India (BCCI). News Source NDTV Sports
Read more

Ness Nusli Wadai Businessman lends his support to Sikkim

  The Government of Sikkim has received 7.60 Metric Tonnes of Hydrogen Peroxide from Mr. Ness Wadia, Chairman of M/s National Peroxide Limited, Kalyan, Maharashtra, free of cost for sanitizing different areas of Sikkim. Mr. Ness Wadia has extended his valuable support and help in this trying and crucial time to fight Covid-19 in the State of Sikkim. The Urban Development Department, Government of Sikkim, will start spraying these aqueous solutions in all urban areas and check-posts of the State. Source
Read more