Aankondiging • Jul 27
LGB Forge Limited to Report Q1, 2027 Results on Aug 10, 2026 LGB Forge Limited announced that they will report Q1, 2027 results on Aug 10, 2026 Aankondiging • May 15
LGB Forge Limited, Annual General Meeting, Aug 14, 2026 LGB Forge Limited, Annual General Meeting, Aug 14, 2026. Aankondiging • May 02
LGB Forge Limited to Report Q4, 2026 Results on May 15, 2026 LGB Forge Limited announced that they will report Q4, 2026 results on May 15, 2026 Aankondiging • Jan 19
LGB Forge Limited to Report Q3, 2026 Results on Feb 05, 2026 LGB Forge Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 05, 2026 Aankondiging • Oct 19
LGB Forge Limited to Report Q2, 2026 Results on Nov 10, 2025 LGB Forge Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Nov 10, 2025 Aankondiging • Jul 22
LGB Forge Limited to Report Q1, 2026 Results on Aug 07, 2025 LGB Forge Limited announced that they will report Q1, 2026 results on Aug 07, 2025 Aankondiging • May 07
LGB Forge Limited, Annual General Meeting, Aug 21, 2025 LGB Forge Limited, Annual General Meeting, Aug 21, 2025. Aankondiging • Feb 10
LGB Forge Limited Announces Change of Company Secretary and Compliance Officer LGB Forge Limited at its Board of Directors meeting held on February 10, 2025, approved the resignation of Smt. K. Kousalya (Membership No. A68426) as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company. Smt. K. Kousalya has tendered her resignation from the position of Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company with effect from the closing hours of February 10,
2025 due to personal reasons and approved the Appointment of Smt. Narmatha G.K (Membership No. ACS 47498) as Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company. Appointment with effect from February 11, 2025. Smt. Narmatha G.K is a qualified Company Secretary & M.Com graduate with over 6 years of experience in corporate governance, regulatory compliance and legal affairs. She is proficient in ensuring adherence to SEBI Regulations and Companies Act, 2013. Aankondiging • Aug 15
LGB Forge Limited Approves Board Appointments LGB Forge Limited at its AGM held on August 14, 2024 approved to appointment of Sri. S. Ganesh and Sri. C. Rajaram as Independent Directors (Non-Executive) of the Company for a period of 5 years ending on May 21, 2029. Date of appointment & term of appointment: May 22, 2024 for a period of 5 years ending May 21, 2029. Sri. S. Ganesh aged 54 years, is a Member of the Institute of Chartered Accountants of India and he is a partner in an Audit Firm, M/s. Rajesh and Ganesh, Chartered Accountants. He is having around 30 years of experience in Taxation, Accounting and Auditing. Sri. C. Rajaram aged 65 years, has started his career in the year 1985 and has been working with different Manufacturing Industries during the past 35 years. He is also a racing driver and Steward Licence Holder of Federation of Motorsports Clubs of India from 2003. Aankondiging • Aug 07
LGB Forge Limited Announces Board Retirements, Effective August 31, 2024 LGB Forge Limited announced that at its board meeting held on August 7, 2024, took note of the retirement of Sri. P. Shanmugasundaram and Sri. P.V. Ramakrishnan as independent directors of the company with effect from the closing of the business hours on August 31, 2024 upon completion of second term of consecutive 5 years. Reported Earnings • Jul 15
Full year 2024 earnings released: ₹0.24 loss per share (vs ₹0.37 loss in FY 2023) Full year 2024 results: ₹0.24 loss per share (improved from ₹0.37 loss in FY 2023). Revenue: ₹895.8m (down 2.9% from FY 2023). Net loss: ₹56.2m (loss narrowed 37% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Aankondiging • Jun 27
LGB Forge Limited to Report Q1, 2025 Results on Aug 07, 2024 LGB Forge Limited announced that they will report Q1, 2025 results on Aug 07, 2024 New Risk • Jun 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 51% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₹2.94b market cap, or US$35.2m). Aankondiging • May 25
LGB Forge Limited, Annual General Meeting, Aug 14, 2024 LGB Forge Limited, Annual General Meeting, Aug 14, 2024. Reported Earnings • May 23
Full year 2024 earnings released: ₹0.41 loss per share (vs ₹0.39 loss in FY 2023) Full year 2024 results: ₹0.41 loss per share. Revenue: ₹899.9m (down 23% from FY 2023). Net loss: ₹56.2m (loss narrowed 40% from FY 2023). Aankondiging • May 17
LGB Forge Limited to Report Q4, 2024 Results on May 22, 2024 LGB Forge Limited announced that they will report Q4, 2024 results on May 22, 2024 Reported Earnings • Feb 08
Third quarter 2024 earnings released: ₹0.09 loss per share (vs ₹0.18 loss in 3Q 2023) Third quarter 2024 results: ₹0.09 loss per share (improved from ₹0.18 loss in 3Q 2023). Revenue: ₹281.4m (up 7.1% from 3Q 2023). Net loss: ₹22.3m (loss narrowed 49% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 154 percentage points per year, which is a significant difference in performance. Aankondiging • Dec 28
LGB Forge Limited to Report Q3, 2024 Results on Feb 07, 2024 LGB Forge Limited announced that they will report Q3, 2024 results on Feb 07, 2024 Aankondiging • Nov 29
L.G. Balakrishnan & Bros Limited (NSEI:LGBBROSLTD) agreed to acquire Machining Division at Pondicherry Plant from LGB Forge Limited (NSEI:LGBFORGE) for INR 150 million. L.G. Balakrishnan & Bros Limited (NSEI:LGBBROSLTD) agreed to acquire Machining Division at Pondicherry Plant from LGB Forge Limited (NSEI:LGBFORGE) for INR 150 million on November 27, 2023. Machining Division at Pondicherry Plant reported revenue of INR 246.9 million and Total Common equity of INR 132.1 million in March 31, 2023. The transaction has been approved by the Audit committee and the board of director's , The transaction will seek shareholders' approval in relation to the transaction. The end use of the proceeds will be utilized to Towards repayment of bank borrowings, Towards Capital Expenses and Towards Working Capital. The transaction is expected to be completed on or before March 10,2024. New Risk • Nov 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹46m free cash flow). Earnings have declined by 44% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (₹2.62b market cap, or US$31.4m). Reported Earnings • Nov 11
Second quarter 2024 earnings released: ₹0.07 loss per share (vs ₹0.11 loss in 2Q 2023) Second quarter 2024 results: ₹0.07 loss per share (improved from ₹0.11 loss in 2Q 2023). Revenue: ₹290.4m (down 4.3% from 2Q 2023). Net loss: ₹17.4m (loss narrowed 31% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 150 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 30
LGB Forge Limited to Report Q2, 2024 Results on Nov 08, 2023 LGB Forge Limited announced that they will report Q2, 2024 results on Nov 08, 2023 Aankondiging • Aug 30
LGB Forge Limited Announces Appointment of K. Kousalya as Company Secretary LGB Forge Limited announced appointment of Ms. K. Kousalya as the Company Secretary of the Company (Membership No. A68426) designated as the Key Managerial Personnel pursuant to the provisions of Section 203 of the Companies Act, 2013 and Compliance Officer under Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Date of appointment is August 29, 2023. Ms. K. Kousalya is an Associate member of the Institute of Company Secretaries of India. She has experience in dealing with Secretarial Compliances of Listed and Unlisted Companies. Reported Earnings • Aug 11
First quarter 2024 earnings released: ₹0.11 loss per share (vs ₹0.03 loss in 1Q 2023) First quarter 2024 results: ₹0.11 loss per share (further deteriorated from ₹0.03 loss in 1Q 2023). Revenue: ₹287.3m (up 1.9% from 1Q 2023). Net loss: ₹26.8m (loss widened 257% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Aankondiging • Aug 03
LGB Forge Limited to Report Q1, 2024 Results on Aug 10, 2023 LGB Forge Limited announced that they will report Q1, 2024 results on Aug 10, 2023 New Risk • Jun 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (₹2.33b market cap, or US$28.5m). Reported Earnings • May 19
Full year 2023 earnings released: ₹0.39 loss per share (vs ₹0.14 profit in FY 2022) Full year 2023 results: ₹0.39 loss per share (down from ₹0.14 profit in FY 2022). Revenue: ₹1.18b (down 9.8% from FY 2022). Net loss: ₹93.0m (down 370% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 64% per year, which means it is well ahead of earnings. Aankondiging • May 17
LGB Forge Limited Announces Management Changes The board of LGB Forge Limited at its 22nd AGM held on May 15, 2023 approved the resignation of Sri. K. Maheswaran, Comapany Secretary and Compliance Officer and decided to relive him from the responsibilities of the company from closure of business hours on May 20, 2023. The board has also nominated Sri. A. Sampath Kumar, Whole Time Director of the company as Compliance Officer with effect from May 21, 2023 and he will be responsible for all compliance related matters and Investors Relation till the time the board appoints a Company Secretary of the company. The board has reconstituted the Nomination and Remuneration committee by inducting Sri. Prem Kumar Parthasarathy, independent Director as member in the place of Sri. P.V. Ramakrishnan, Independent Director with effect from may 15, 2023. The board has reconstituted the stakeholder’s relationship committee by inducting Sri. Prem Kumar Parthasarathy, independent director in the place of Sri. P.V. Ramakrishnan, independent director effective from May 15, 2023. Further Sri. Prem Kumar Parthasarathy will act as chairman of the stakeholder’s relationship committee effective from May 15, 2023. Aankondiging • May 09
LGB Forge Limited to Report Q4, 2023 Results on May 15, 2023 LGB Forge Limited announced that they will report Q4, 2023 results on May 15, 2023 Reported Earnings • Feb 12
Third quarter 2023 earnings released: ₹0.18 loss per share (vs ₹0.04 profit in 3Q 2022) Third quarter 2023 results: ₹0.18 loss per share (down from ₹0.04 profit in 3Q 2022). Revenue: ₹262.8m (down 24% from 3Q 2022). Net loss: ₹43.8m (down ₹53.8m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings. Aankondiging • Feb 12
LGB Forge Limited Announces Board Changes The board of directors of LGB Forge Limited meeting held on February 10, 2023, elected Sri. B. Vijayakumar as non-executive chairman of the company, with effect from February 10, 2023. The board has reconstituted the nomination and remuneration committee by replacing Sri. Murugesa Saravana Marthandan as member in place of Smt. Rajsri Vijayakumar of such committee. The board of directors, on recommendation of nomination and remuneration committee and approval of the audit committee, has appointed Smt. Rajsri Vijayakumar as managing director of the company, with effect from February 16, 2023 and Sri. A. Sampath Kumar as whole time director of the company, with effect from February 16, 2023. Sri. B. Vijayakumar is an industrialist and having more than four decades of experience in the filed of manufacturing/production/product support/product management and marketing. Qualification: B.Sc. Smt. Rajsri Vijayakumar is graduate in business administration and having experience of more than 18 years in business. Qualification: BBA. Sri. A. Sampath Kumar is master in business administration and having more than 3 decades of experience in the filed of strategic business planning management, work flow oprtimization and performance improvement. Qualification: MBA. Aankondiging • Feb 01
LGB Forge Limited to Report Q3, 2023 Results on Feb 10, 2023 LGB Forge Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Board Change • Nov 16
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Additional Non-Executive Non-Independent Director Balakrishnan Vijayakumar was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: ₹0.11 loss per share (vs ₹0.06 profit in 2Q 2022) Second quarter 2023 results: ₹0.11 loss per share (down from ₹0.06 profit in 2Q 2022). Revenue: ₹303.5m (down 17% from 2Q 2022). Net loss: ₹25.1m (down 262% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 09
First quarter 2023 earnings released: ₹0.03 loss per share (vs ₹0.03 profit in 1Q 2022) First quarter 2023 results: ₹0.03 loss per share (down from ₹0.03 profit in 1Q 2022). Revenue: ₹281.8m (up 4.8% from 1Q 2022). Net loss: ₹7.50m (down 218% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 51% per year whereas the company’s share price has increased by 53% per year. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improved over the past week After last week's 17% share price gain to ₹11.15, the stock trades at a trailing P/E ratio of 77.2x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 305% over the past three years. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹8.35, the stock trades at a trailing P/E ratio of 57.8x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 126% over the past three years. Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹0.14 (vs ₹0.14 in FY 2021) Full year 2022 results: EPS: ₹0.14. Revenue: ₹1.31b (up 41% from FY 2021). Net income: ₹34.4m (flat on FY 2021). Profit margin: 2.6% (down from 3.7% in FY 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • May 23
Investor sentiment improved over the past week After last week's 20% share price gain to ₹10.90, the stock trades at a trailing P/E ratio of 58x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 345% over the past three years. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Non-Independent Director Rajsri Vijayakumar was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 10
Third quarter 2022 earnings released: EPS: ₹0.04 (vs ₹0.10 in 3Q 2021) Third quarter 2022 results: EPS: ₹0.04 (down from ₹0.10 in 3Q 2021). Revenue: ₹347.7m (up 11% from 3Q 2021). Net income: ₹10.0m (down 60% from 3Q 2021). Profit margin: 2.9% (down from 7.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year whereas the company’s share price has increased by 53% per year. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₹12.80, the stock trades at a trailing P/E ratio of 51.2x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 251% over the past three years. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 17% share price gain to ₹13.00, the stock trades at a trailing P/E ratio of 52x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 341% over the past three years. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹10.95, the stock trades at a trailing P/E ratio of 43.8x. Average trailing P/E is 26x in the Machinery industry in India. Total returns to shareholders of 298% over the past three years. Reported Earnings • Dec 28
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ₹0.06 (up from ₹0.05 in 2Q 2021). Revenue: ₹363.4m (up 52% from 2Q 2021). Net income: ₹15.5m (up 25% from 2Q 2021). Profit margin: 4.3% (down from 5.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 65% per year and the company’s share price has also increased by 65% per year. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improved over the past week After last week's 20% share price gain to ₹7.70, the stock trades at a trailing P/E ratio of 32.5x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 117% over the past three years. Executive Departure • Sep 23
Independent Director Aishwarya Rao has left the company On the 16th of September, Aishwarya Rao's tenure as Independent Director ended after 6.5 years in the role. We don't have any record of a personal shareholding under Aishwarya's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.96 years. Executive Departure • Sep 16
Non Executive Independent Director Kodumudi Narayanaswami Ramani has left the company On the 9th of September, Kodumudi Narayanaswami Ramani's tenure as Non Executive Independent Director ended after 13.7 years in the role. We don't have any record of a personal shareholding under Kodumudi Narayanaswami's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.96 years. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 21% share price gain to ₹7.50, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 22x in the Machinery industry in India. Total returns to shareholders of 71% over the past three years. Executive Departure • Aug 21
Chairman of the Board Balakrishnan Vijayakumar has left the company On the 12th of August, Balakrishnan Vijayakumar's tenure as Chairman of the Board ended. As of June 2021, Balakrishnan still personally held 15.00m shares (₹130m worth at the time). Balakrishnan is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.88 years. Recent Insider Transactions • Aug 20
Insider recently sold ₹302k worth of stock On the 16th of August, Nithin Karivardhan sold around 38k shares on-market at roughly ₹7.96 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹3.3m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹7.25, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 117% over the past three years. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹0.03 (vs ₹0.07 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹272.2m (up 238% from 1Q 2021). Net income: ₹6.37m (up ₹22.1m from 1Q 2021). Profit margin: 2.3% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improved over the past week After last week's 17% share price gain to ₹8.35, the stock trades at a trailing P/E ratio of 59.6x. Average trailing P/E is 26x in the Machinery industry in India. Total returns to shareholders of 228% over the past three years. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹6.80, the stock trades at a trailing P/E ratio of 48.6x. Average trailing P/E is 27x in the Machinery industry in India. Total returns to shareholders of 143% over the past three years. Reported Earnings • Jul 04
Full year 2021 earnings released: EPS ₹0.14 (vs ₹0.027 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹928.7m (down 8.4% from FY 2020). Net income: ₹34.3m (up ₹40.7m from FY 2020). Profit margin: 3.7% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 48% per year whereas the company’s share price has increased by 43% per year. Recent Insider Transactions • Mar 04
Insider recently sold ₹810k worth of stock On the 1st of March, Arjun Karivardhan sold around 200k shares on-market at roughly ₹4.05 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹3.0m more than they bought in the last 12 months. Recent Insider Transactions • Feb 23
Insider recently sold ₹295k worth of stock On the 18th of February, Arjun Karivardhan sold around 58k shares on-market at roughly ₹5.04 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹386k. Insiders have been net sellers, collectively disposing of ₹2.2m more than they bought in the last 12 months. Is New 90 Day High Low • Feb 15
New 90-day high: ₹4.80 The company is up 78% from its price of ₹2.70 on 17 November 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 32% over the same period. Recent Insider Transactions • Dec 16
Insider recently sold ₹198k worth of stock On the 11th of December, Vijayshree Vijayakumar sold around 50k shares on-market at roughly ₹3.95 per share. In the last 3 months, they made an even bigger sale worth ₹491k. Insiders have been net sellers, collectively disposing of ₹1.9m more than they bought in the last 12 months. Is New 90 Day High Low • Dec 02
New 90-day high: ₹2.90 The company is up 14% from its price of ₹2.55 on 03 September 2020. The Indian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 11% over the same period. Recent Insider Transactions • Dec 01
Insider recently sold ₹386k worth of stock On the 26th of November, Vijayshree Vijayakumar sold around 151k shares on-market at roughly ₹2.55 per share. In the last 3 months, they made an even bigger sale worth ₹491k. Insiders have been net sellers, collectively disposing of ₹1.2m more than they bought in the last 12 months. Recent Insider Transactions • Nov 20
Insider recently sold ₹68k worth of stock On the 17th of November, Vijayshree Vijayakumar sold around 26k shares on-market at roughly ₹2.65 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹83k more than they bought in the last 12 months. 
