Nahar Industrial Enterprises Limited (NSE:NAHARINDUS) drops to ₹3.5b and insiders who purchased earlier this year lose another ₹685k

The recent price decline of 13% in Nahar Industrial Enterprises Limited's (NSE:NAHARINDUS) stock may have disappointed insiders who bought ₹2.8m worth of shares at an average price of ₹116 in the past 12 months. This is not good as insiders invest based on expectations that their money will appreciate over time. However, as a result of recent losses, their original investment is now worth only ₹2.1m.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for Nahar Industrial Enterprises

Nahar Industrial Enterprises Insider Transactions Over The Last Year

While there weren't any large insider transactions in the last twelve months, it's still worth looking at the trading.

While Nahar Industrial Enterprises insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Nahar Industrial Enterprises is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data isn't picking up on much insider ownership at Nahar Industrial Enterprises, though insiders do hold about ₹2.9m worth of shares. But they may have an indirect interest through a corporate structure that we haven't picked up on. We might be missing something but that seems like very low insider ownership.

So What Does This Data Suggest About Nahar Industrial Enterprises Insiders?

The fact that there have been no Nahar Industrial Enterprises insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. While we have no worries about the insider transactions, we'd be more comfortable if they owned more Nahar Industrial Enterprises stock. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Nahar Industrial Enterprises. At Simply Wall St, we found 2 warning signs for Nahar Industrial Enterprises that deserve your attention before buying any shares.

Of course Nahar Industrial Enterprises may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.