Trade Alert: Avayaan Jalan At Mangalam Cement Limited (NSE:MANGLMCEM), Has Just Spent ₹3.4m Buying 218% More Shares

Whilst it may not be a huge deal, we thought it was good to see that Avayaan Jalan, who is a company insider, recently bought ₹3.4m worth of stock, for ₹238 per share. While that isn't the hugest buy, it actually boosted their shareholding by 218%, which is good to see.

Check out our latest analysis for Mangalam Cement

The Last 12 Months Of Insider Transactions At Mangalam Cement

The Executive Co-Chairperson Anshuman Jalan made the biggest insider purchase in the last 12 months. That single transaction was for ₹5.3m worth of shares at a price of ₹178 each. We do like to see buying, but this purchase was made at well below the current price of ₹263. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

In the last twelve months Mangalam Cement insiders were buying shares, but not selling. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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

Does Mangalam Cement Boast High 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 appears that Mangalam Cement insiders own 17% of the company, worth about ₹1.2b. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Mangalam Cement 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 Mangalam Cement. One for the watchlist, at least! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Case in point: We've spotted 3 warning signs for Mangalam Cement 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, but not derivative transactions.

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