Zenith Birla (India) Insider ownership
What is the Insider ownership of Zenith Birla (India)?
The Insider ownership of Zenith Birla (India) Limited is 37.79%
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 Zenith Birla (India)
What does Zenith Birla (India) do?
Zenith Birla (India) Limited manufactures and sells steel pipes in India. Its products include electric resistance welded black, galvanized, and helical submerged arc welded pipes. The company's products are used for various applications, such as agriculture and irrigation water distribution, space frame, fence, transportation of raw and potable water, sprinkler, firefighting system, industrial general engineering, pole, piling, drill rod, chilled water system, container making, transmission tower, ash/slurry transportation, bore-well, structural scaffolding and prop, transportation of oil and gas, electricity conduit, construction water distribution, green house, crude, transportation of sewage disposal irrigation, and oil sector distribution of gas, as well as auto industry. It also exports its products to 79 countries. Zenith Birla (India) Limited was incorporated in 1960 and is based in Mumbai, India.
Companies with insider ownership similar to Zenith Birla (India)
- Noront Resources has Insider ownership of 37.75%
- Carr's plc has Insider ownership of 37.75%
- Mold-Tek Packaging has Insider ownership of 37.76%
- Superior Lake Resources has Insider ownership of 37.76%
- KOALA has Insider ownership of 37.76%
- Bluechiip has Insider ownership of 37.76%
- Zenith Birla (India) has Insider ownership of 37.79%
- Dart Plc has Insider ownership of 37.79%
- Wrap Technologies has Insider ownership of 37.79%
- Lawson Products has Insider ownership of 37.79%
- Ausmon Resources has Insider ownership of 37.79%
- InterCure Ltd has Insider ownership of 37.80%
- essensys plc has Insider ownership of 37.80%