The Insider ownership of Lotus Chocolate Company Limited is 72.06%
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.
Lotus Chocolate Company Limited manufactures and sells chocolates, cocoa products, and cocoa derivatives in India. The company offers chocolate products under the Chuckles, Super Carr, On & On, High 5, Gobble, Kajoos, Milky Punch, Maltys, Tango, and Eclairs brand names, as well as chocolates as gifts. It provides products for industrial purpose, such as cocoa mass, cocoa powders, cocoa butters, chocolates, choco treats, choco pastes, cream coverings, chocolate powders, chocolate sauces, and chocolate decorative products. Lotus Chocolate Company Limited serves bakeries, and multinational companies. Lotus Chocolate Company Limited was incorporated in 1988 and is based in Hyderabad, India.