Nahar Capital and Financial Services MD & Executive Director Acquires 25% More Stock

Whilst it may not be a huge deal, we thought it was good to see that the Nahar Capital and Financial Services Limited (NSE:NAHARCAP) MD & Executive Director, Dinesh Oswal, recently bought ₹5.0m worth of stock, for ₹295 per share. That purchase might not be huge but it did increase their holding by 25%.

See our latest analysis for Nahar Capital and Financial Services

The Last 12 Months Of Insider Transactions At Nahar Capital and Financial Services

In fact, the recent purchase by Dinesh Oswal was the biggest purchase of Nahar Capital and Financial Services shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, at around the current price, which is ₹303. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Nahar Capital and Financial Services share holders is that an insider was buying at near the current price. Dinesh Oswal was the only individual insider to buy shares in the last twelve months.

The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does Nahar Capital and Financial Services Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. From our data, it seems that Nahar Capital and Financial Services insiders own 14% of the company, worth about ₹727m. However, it's possible that insiders might have an indirect interest through a more complex structure. Whilst better than nothing, we're not overly impressed by these holdings.

What Might The Insider Transactions At Nahar Capital and Financial Services Tell Us?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest Nahar Capital and Financial Services insiders are well aligned, and quite possibly think the share price is too low. Nice! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Nahar Capital and Financial Services. Case in point: We've spotted 3 warning signs for Nahar Capital and Financial Services you should be aware of.

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 of direct interests only, but not derivative transactions or indirect interests.

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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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com