{"id":5096,"date":"2024-05-15T19:57:20","date_gmt":"2024-05-15T14:57:20","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=5096"},"modified":"2024-05-15T19:57:24","modified_gmt":"2024-05-15T14:57:24","slug":"jvdc-substantial-shareholder-buys-stock-worth-rs-16-million","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/jvdc-substantial-shareholder-buys-stock-worth-rs-16-million\/","title":{"rendered":"JVDC substantial shareholder buys stock worth Rs. 16 million"},"content":{"rendered":"\n<p>In a notification sent to the PSX on 15\/05\/2024, <a href=\"https:\/\/ksestocks.com\/blog\/tag\/jvdc\/\" target=\"_blank\" rel=\"noopener\" title=\"JVDC\">Javedan Corporation Limited (JVDC)<\/a> reported a transaction by a substantial shareholder.<\/p>\n\n\n\n<p>The transaction was carried out by Abdul Ghani, who is a substantial shareholder.<\/p>\n\n\n\n<p>He bought a total of <strong>448,500 shares<\/strong> of the company at a price of <strong>Rs. 35.63 per share<\/strong>. The total amount for this transaction stands at <strong>Rs. 15,989,000<\/strong>.<\/p>\n\n\n\n<p>An insider buying stock in a company is often interpreted as a positive signal by investors. It suggests that those with intimate knowledge of the company\u2019s operations and prospects believe the stock is undervalued or poised for growth, leading to a positive impact on the stock price.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><thead><tr><th>S.No<\/th><th>Date<\/th><th>Rate<\/th><th>No. of Shares<\/th><th>Transaction Nature<\/th><th>Amount (Rate x Shares)<\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>15-05-2024<\/td><td>35.60<\/td><td>300,000<\/td><td>Buy<\/td><td>10,680,000<\/td><\/tr><tr><td>2<\/td><td>15-05-2024<\/td><td>35.75<\/td><td>148,000<\/td><td>Buy<\/td><td>5,291,000<\/td><\/tr><tr><td>3<\/td><td>15-05-2024<\/td><td>36.00<\/td><td>500<\/td><td>Buy<\/td><td>18,000<\/td><\/tr><tr><td><strong>Total<\/strong><\/td><td><\/td><td>(<em><strong>Avg Rate<\/strong><\/em>) <strong>35.65<\/strong><\/td><td><strong>448500<\/strong><\/td><td><\/td><td><strong>15,989,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><a href=\"https:\/\/ksestocks.com\/blog\/tag\/jvdc\/\" target=\"_blank\" rel=\"noopener\" title=\"JVDC\">JVDC<\/a> shares were last trading at<strong> Rs. 37.45<\/strong> today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Javedan Corporation Limited (JVDC) reported a transaction by the substantial shareholder.<\/p>\n","protected":false},"author":11,"featured_media":5098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[151],"tags":[268],"class_list":["post-5096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insider-transactions","tag-jvdc"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/JVDC-Insider-Transaction-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/JVDC-Insider-Transaction-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/JVDC-Insider-Transaction-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/JVDC-Insider-Transaction.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/5096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=5096"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/5096\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/5098"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=5096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=5096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=5096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}