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The latest announcement is out from Madhav Copper Ltd. ( (IN:MCL) ).
Madhav Copper Limited has notified the National Stock Exchange that it has received a disclosure under Regulation 7(2)(a) of SEBI’s Prohibition of Insider Trading Regulations from promoter Vishal Talsibhai Monpara regarding the sale of equity shares in the company, and has filed the corresponding disclosure under Regulation 7(2)(b). The filing, made by the company’s compliance officer, signals a change in shareholding by a promoter that may be of interest to investors tracking promoter ownership and corporate governance practices, though no further details on the size or rationale of the transaction were provided.
More about Madhav Copper Ltd.
Madhav Copper Limited is a listed Indian company in the metals sector, trading on the National Stock Exchange under the symbol MCL. It operates in the copper and related products industry, catering to industrial and infrastructure demand for copper-based materials and components.
Average Trading Volume: 169,394
Technical Sentiment Signal: Strong Buy
Current Market Cap: 1.33B INR
For a thorough assessment of MCL stock, go to TipRanks’ Stock Analysis page.