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Insider Share Purchase at Geekay Wires Signals Confidence

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Insider Share Purchase at Geekay Wires Signals Confidence

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Geekay Wires Ltd. ( (IN:GEEKAYWIRE) ) has issued an announcement.

Geekay Wires Ltd. announced a material event disclosure under SEBI regulations, revealing that Mr. Ashish Kandoi HUF, an immediate relative of the company’s director and part of the promoter group, has purchased 4,850 shares in the market. This transaction highlights insider confidence in the company’s prospects and may influence stakeholder perceptions positively.

More about Geekay Wires Ltd.

Geekay Wires Ltd. operates in the manufacturing industry, specializing in galvanized steel wire, wire products, collated nails, and stainless steel nuts and bolts. The company is based in Hyderabad, India, and focuses on providing high-quality wire products to various sectors.

Average Trading Volume: 84,248

Technical Sentiment Signal: Buy

Current Market Cap: 4.05B INR

Learn more about GEEKAYWIRE stock on TipRanks’ Stock Analysis page.

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