Insider of Tourism Finance Corporation ups 14 percent
Wednesday, July 19, 2023
By an insider, the biggest single purchase, in the last twelve months, was when Koppara Thomas, Non-Executive Non-Independent Director, bought 81m worth of shares at a price of 80.73 per share. Therefore it’s apparent that at around the current price, an insider wanted to buy, which is 86.85. It’s needless to say that they may have altered their minds. However, this suggests that they are hopeful.
At well below current prices, if someone buys shares, then it’s a positive sign in terms of balance, however, do remember that they may no longer notice the value. For the share holders of the Tourism Finance Corporation of India, the good news is that an insider was buying at the closest current prices. Koppara Thomas was the only individual insider to buy in the last year.
In the last 12 months, Koppara Thomas purchased 1.02m shares. These shares were bought at an average price of ₹80.76. One can see a visual representation of insider transactions at the chart in the last 12 months. If anyone clicks on the chart, they can see all the transactions done individually, comprising the individual, share price, and the date as well!
There are many stocks always that insiders are buying all the time. Therefore, if that suits their style they can check each stock one by one.