Sudarshan Chemical Industries Ltd: 2 directors
Two Directors at Sudarshan Chemical Industries Ltd sold/bought 766,500 shares at between 948.575INR and 992.034INR. The significance rating of the trade was 73/100.Is that information sufficient for you to make an investment decision?
This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following.
Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules.
The names of board members along with their holdings are detailed together with some company fundamentals for the last three years where available. In addition, Directors Deals scores each Director according to the performance of their past trades. This tells you which Directors are the most successful at picking the time to buy and sell shares. In addition to director 'Scoring' data, we give each trade a star rating according to the significance of the trade. The star rating is derived from a statistical value which accounts for a number of factors which are weighted according to our analysis of past trades. These two statistical measures are a proven means of establishing which trades and which directors are worth taking into account when analysing director trading as a guide to future share performance.
As a specialist provider of investment grade financial data, Directors Deals does not issue stock recommendations but aims to contextualise and present data so that investors can draw their own conclusions from director trading activity. Directors Deals Ltd does not accept any responsibility for losses incurred through investment decisions made as a result of these reports.
Sudarshan Chemical Industries Limited is a holding company. The Company is a color and effect pigment manufacturer. It operates through various segments, which include Pigments, Agro chemicals and Others. The Company's Pigments segment is engaged in the manufacturing of Azos, Blue and Green, High Performance Pigments, Effects, Pigment Preparations and Inorganics. The Agro chemical segment offers products, which are generic in nature. The Company supplies pigments to paints, plastics, inks, cosmetics, textile and other applications. It produces a range of classical organic pigments for the coloration of publication and commercial printing inks for magazines, direct mail and other commercial printing. The Company offers its pigments under various brands, including Sudaperm, Sudafast, Sudacolor, Sudadur, Sudafine, Sumicos, Prestige and Sumica. Its pigments are exported to various markets in Europe, America and Asia. It has over two production facilities at Roha and Mahad in India.
Research suggests that directors know their companies better than the market. For many investors it is intuitive that following the trading patterns of directors and other company insiders can lead to successful investing. They often have detailed knowledge about their companies and generally know when the shares are incorrectly valued. However, that is not always true and with large numbers of trades reported every day on exchanges around the world, it is difficult to know which to follow.
SmartInsider provides valuable insight by supplementing and analysing reported transactions to achieve real insight with a focus on identifying the ‘Smart Insiders’ and highlighting the stand-out transactions they make. Our proven track-record and thirty year pedigree are backed by more recent statistical analysis of historical data.
Our service offers director dealing reports, company reports and monthly summaries with a fully interactive website for further research. We can also provide quant feeds and customised alerts to suit every need at the frequency preferred. SmartInsider covers all markets with a regulatory requirement to report insider activity, over 60,000 companies across 55 markets.
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