Essen Speciality Films Sees ₹232m in Insider Share Sales
Mumbai, India – Recent transactions show insiders at Essen Speciality Films have sold shares totaling ₹232 million (approximately $2.8 million USD), according to data analyzed by Simply Wall St. While insider ownership remains substantial at ₹4.2 billion based on the current share price – a factor generally seen as aligning company management with shareholder interests - the recent selling activity warrants attention.
The analysis notes no insider purchases have occurred recently. While high insider ownership is viewed positively, the sales raise questions.
Essen Speciality Films currently faces five identified warning signs, including one deemed “a bit unpleasant,” as detailed in a Simply Wall St report.
Investors are encouraged to conduct thorough due diligence before making investment decisions. Simply Wall St offers a free collection of high-quality companies for consideration.
Disclaimer: This article is based on historical data and analyst forecasts and should not be considered financial advice.