Reliance Capital Insider ownership
What is the Insider ownership of Reliance Capital?
The Insider ownership of Reliance Capital Limited is 5.79%
What is the definition of Insider ownership?
Insider Ownership is calculated as the total number of shares owned by insiders (shareholders who own more than 5% of the corporation or an officer or director of the company) divided by the total Shares Outstanding.
A high value of insider ownership means that those working for the company have a large stake in the success of the company. This is sometimes seen as a sign that those running the company will work hard to ensure its success or believe the company's stock price will rise.
A change in insider ownership may come from exercise of option, stock grant and buying or selling of company shares. A purchase of company share signifies a confidence in the company's future performance by people who know the company best. Therefore, Net Insider buying is also an important indicator for investors.
Insider ownership of companies in the Finance sector on NSE compared to Reliance Capital
What does Reliance Capital do?
Reliance Capital Limited, a non-banking financial company, primarily engages in lending and investing activities in India. It operates through Finance & Investment, General Insurance, Life Insurance, Commercial Finance, and Others segments. The company offers life, health, and general insurance products; brokerage and distribution services, including equities, commodities and derivatives, wealth management services, portfolio management services, and financial products; and commercial finance services, such mortgages, loans against property, SME loans, loans for vehicles, loans for construction equipment, business loans, infrastructure financing, and retail finance. It also provides asset reconstruction, and proprietary investments services, as well as other financial and allied services. The company was formerly known as Reliance Capital & Finance Trust Limited and changed its name to Reliance Capital Limited in January 1995. Reliance Capital Limited was incorporated in 1986 and is based in Mumbai, India.
Companies with insider ownership similar to Reliance Capital
- Red White & Bloom Brands has Insider ownership of 5.78%
- Bachem AG has Insider ownership of 5.78%
- Vela Technologies PLC has Insider ownership of 5.78%
- Affirm has Insider ownership of 5.78%
- Auxly Cannabis has Insider ownership of 5.78%
- Unity Software has Insider ownership of 5.78%
- Reliance Capital has Insider ownership of 5.79%
- Schnitzer Steel Industries has Insider ownership of 5.80%
- Fonterra Shareholders Fund has Insider ownership of 5.80%
- Compagnie Generale des Etablissements Michelin Societe en commandite par actions has Insider ownership of 5.80%
- Brickworks has Insider ownership of 5.81%
- Palatin Technologies has Insider ownership of 5.81%
- Infrastructure and Alternatives Inc has Insider ownership of 5.81%