CHCC reports insider transaction worth Rs. 3.2 million

CHCC
Posted by: Aamir Hayat 0

CHCC reports insider transaction worth Rs. 3.2 million

In a notification sent to the PSX on 06/05/2024, Cherat Cement Co Limited (CHCC) reported a transaction by the non-executive director.

The transaction was carried out by M. Arif Dino Rafuque, who is a non-executive director. He sold a total of 20000 shares of the company at a price of Rs. 162 per share. The total amount for this transaction stands at Rs. 3,240,000.

An insider selling stock in a company can sometimes raise questions for investors about the company’s future prospects or performance. However, it’s important to consider various factors before drawing conclusions based solely on insider transactions.


📢 Announcement: We're on WhatsApp – Join Us There! 

KSEStocks Whatsap community large

Here's what you get:

  • Member-Only Discussion Community
  • Research Reports with Explanations & Expert Views
  • Access to Exclusive KSEStocks Market Reports
  • Model Portfolio with Clear Investment Rationale
  • Monthly Portfolio Review & Health Check
  • On-Demand Stock Coverage Requests
  • PSX Facilitation (CDC Account, Share Transfer, Physical Conversion)

The shares of CHCC were last trading at Rs. 164.75 today.

⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →

Share this post

Leave a Reply

Your email address will not be published.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