Stay Tuned!

Subscribe to our newsletter to get our newest articles instantly!

Business News

Skipper Limited’s CEO Sajan Bansal is the most upbeat insider, and their holdings increased by 16% last week


A look at the shareholders of Skipper Limited (NSE: SKIPPER) can tell us which group is the most powerful. With a 43 percent stake, the majority of the company’s shares are owned by individuals. In other words, the group gets the most profit (or loses the most) from its investment in the company.

As a result, insiders took the top spot last week when the company reached a market capitalization of ₹ 20 billion after the stock rose 16%. Let’s take a closer look at what different types of shareholders can tell us about Skipper. What does institutional ownership tell us about Skipper? Institutions typically measure themselves against a benchmark when reporting to their investors, so they often get excited about a stock when it’s included in the main index. We expect that most businesses have institutions on the register, especially as they grow. As you can see, institutional investors have a pretty big stake in Skipper. This may indicate that the company has some credibility in the investment community. However, it is best to be cautious about relying on the supposed validation that comes with institutional investors. They are also wrong sometimes. It is not uncommon for a stock to experience a large drop in price when two large institutional investors try to sell the stock at the same time. So it’s worth looking at Skipper’s past earnings (below). Of course, remember that there are other factors to consider.

Source link

Avatar

Trish Basangar

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

News

Brendan King named Canada’s Most Admired CEO

Saskatoon, Saskatchewan, Nov. 24, 2022 (GLOBE NEWSWIRE) — (SASKATOON, Canada) – November, 24, 2022 – Vendasta’s CEO, Brendan King, has
News

IHG Hotels CEO on Scale and Strategy: Full Interview

Skift Take Listen to the full conversation between IHG CEO Keith Barr and Skift’s Sean O’Neill. Jason Clampet “I’m really