Founder Jayant Davar Just Bought A Handful Of Shares In Sandhar Technologies Limited (NSE:SANDHAR)

Even if it's not a huge purchase, we think it was good to see that Jayant Davar, the Founder of Sandhar Technologies Limited (NSE:SANDHAR) recently shelled out ₹482k to buy stock, at ₹241 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

Check out our latest analysis for Sandhar Technologies

The Last 12 Months Of Insider Transactions At Sandhar Technologies

Earlier in the year, Founder Jayant Davar paid ₹181 per share in a ₹1.1m purchase. We do like to see buying, but this purchase was made at well below the current price of ₹226. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Jayant Davar bought a total of 31.79k shares over the year at an average price of ₹203. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

Sandhar Technologies is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It's great to see that Sandhar Technologies insiders own 66% of the company, worth about ₹9.2b. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The Sandhar Technologies Insider Transactions Indicate?

The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Sandhar Technologies. That's what I like to see! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Sandhar Technologies. In terms of investment risks, we've identified 2 warning signs with Sandhar Technologies and understanding them should be part of your investment process.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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