Categories: Insider Transactions

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.

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

Aamir Hayat

Recent Posts

MUGHAL right shares – 3 things to know before subscribing

On November 5, 2024, Mughal Iron & Steel Industries Limited (MUGHAL) announced a unique rights…

2 days ago

How to analyze pharmaceutical sector

How to analyze pharma sector companies in PSX. Pakistan's pharma sector is considered a complicated…

1 week ago

Shifa International (SHFA) has returned 150% in two months, will the rally continue?

Shifa International (SHFA) has already rallied 150%, but there is still more upside to the…

3 weeks ago

How is HMB handling financial challenges to grow?

Habib Metropolitan Bank Limited (HMB) recently released its second-quarter results for 2024, revealing a mixed…

2 months ago

HUBC’s base plant expiry: What is next for the power giant?

The closure of the Hub Power Company Limited (HUBC) plant marks a significant shift in…

3 months ago

What makes AGTL a high-return investment?

For investors seeking high returns, Al-Ghazi Tractors Limited (AGTL) presents a compelling opportunity.

3 months ago