Gautam Kalidindi, MD, Corporate Affairs Executive Director, Executive Director, although not a major purchase NCL Industries Limited (NSE:NCLIND) recently paid INR 2.5 million to purchase shares at INR 177 per share. That said, it was only a small percentage increase in stock holdings and not a large purchase in absolute terms.
Our analysis NCLID may be underestimated.
Insider trading at NCL Industries in the last 12 months
The largest insider purchase in the last 12 months was when Executive Vice-Chairman Ravi Kalidindi bought £8 million worth of shares at Rs 182 per share. This means that the insider was willing to buy the shares at a price higher than the current price of INR 177. Their views may have changed after the purchase, but this at least suggests they were confident in the future of the company. is very important. As a general rule, if an insider buys a stock at a price higher than the current price, we feel more positive about the stock.
Over the past 12 months, NCL Industries insiders have been buying, but not selling, stock. Below is a visual depiction of insider trading (by companies and individuals) over the last 12 months. Clicking on the chart will show you all individual deals, such as stock, individual, and date.
NCL Industries isn’t the only insider buying shares.Let’s take a look at this freedom List of companies growing with insider buying.
Insider Ownership
For public shareholders, it is worth checking the number of shares held by internal parties. We usually want to see a pretty high level of insider ownership. It’s great that an NCL Industries insider owns his 58% of the company, worth around £4.6bn. Most shareholders would be happy to see this kind of insider ownership as it suggests that management incentives are well aligned with other shareholders.
So what does this data tell us about the NCL Industries Insider?
Good to see recent purchases. We are also convinced by the long-term landscape of insider trading. In addition to the high insider ownership, this analysis shows that the insider is very bullish on his NCL Industries. good! In addition to being aware of ongoing insider trading, it is useful to identify the risks facing NCL Industries. Note that NCL Industries shows 4 warning signs in investment analysisand one of them doesn’t suit us very well…
of course, You can find great investments by looking elsewhere. Let’s take a look at this freedom A list of interesting companies.
For the purposes of this article, an insider is an individual who reports a transaction to the relevant regulatory body. Currently, we consider open market transactions and private disposals, but not derivative transactions.
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find out if NCL Industries You may be overestimated or underestimated by checking out our comprehensive analysis including: Fair value estimates, risks and warnings, dividends, insider trading and financial health.
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This article by Simply Wall St is general in nature. We provide comments based on historical data and analyst projections using only unbiased methodologies and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. We aim to deliver long-term focused analysis based on fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Is not …