Snowman Logistics Insider ownership
What is the Insider ownership of Snowman Logistics?
The Insider ownership of Snowman Logistics Limited is 42.04%
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 Industrials sector on NSE compared to Snowman Logistics
What does Snowman Logistics do?
Snowman Logistics Limited provides temperature-controlled logistics services in India. It operates through three segments: Warehousing Services, Transportation Services, and Consignment Agency Services. The company offers warehousing solutions and services, including ambient, chilled, frozen, and blast freezing facilities. It also provides primary transportation services, such as door-to-door, customized milk run, and part cargo consolidation services; and secondary transportation services comprising last mile distribution. The company operates a fleet of approximately 289 refrigerated vehicles. In addition, it offers retail distribution through a consignment agency services. Further, the company offers value added services, which include kitting, labelling, sorting, stuffing, and de-stuffing of containers, repacking, and bulk breaking; and sorts, grades, packs, and washes selected fruits and vegetables. It serves pharmaceuticals, meat and poultry, seafood, fruits and vegetables, ice cream, confectionery, dairy products, QSRs, ready-to-eat, and processed foods industries. The company was formerly known as Snowman Frozen Foods Limited and changed its name to Snowman Logistics Limited in March 2011. Snowman Logistics Limited was incorporated in 1993 and is based in Bengaluru, India.
Companies with insider ownership similar to Snowman Logistics
- Havilah Resources has Insider ownership of 42.01%
- Redishred Capital has Insider ownership of 42.02%
- Inventus Mining has Insider ownership of 42.03%
- Mithril Resources has Insider ownership of 42.03%
- Fox Marble PLC has Insider ownership of 42.03%
- Bod Australia has Insider ownership of 42.04%
- Snowman Logistics has Insider ownership of 42.04%
- STEMify has Insider ownership of 42.04%
- Mirasol Resources has Insider ownership of 42.06%
- Newborn Town has Insider ownership of 42.06%
- Ion Exchange (India) has Insider ownership of 42.07%
- Mission Produce has Insider ownership of 42.07%
- FBD plc has Insider ownership of 42.08%