What Percentage Of Hi-Tech Pipes Limited (NSE:HITECH) Shares Do Insiders Own?
The big shareholder groups in Hi-Tech Pipes Limited (NSE:HITECH) have power over the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, ‘Don’t tell me what you think, tell me what you have in your portfolio.
Hi-Tech Pipes is a smaller company with a market capitalization of ₹8.1b, so it may still be flying under the radar of many institutional investors. In the chart below, we can see that institutions are not on the share registry. Let’s take a closer look to see what the different types of shareholders can tell us about Hi-Tech Pipes.