Indian Exchange Growth Companies With Insider Ownership As High As 37%

The Indian stock market has shown robust growth, climbing by 3.0% over the past week and an impressive 45% over the last year, with earnings expected to grow by 17% annually. In such a flourishing market, stocks with high insider ownership can be particularly appealing as they often indicate strong confidence from those who know the company best.

Top 10 Growth Companies With High Insider Ownership In India

Name	Insider Ownership	Earnings Growth
Archean Chemical Industries (NSEI:ACI)	22.9%	29.0%
Pitti Engineering (BSE:513519)	33.6%	28.4%
Happiest Minds Technologies (NSEI:HAPPSTMNDS)	38%	22.9%
Dixon Technologies (India) (NSEI:DIXON)	25%	27.9%
Jupiter Wagons (NSEI:JWL)	11.1%	27.2%
Paisalo Digital (BSE:532900)	16.3%	27.8%
MTAR Technologies (NSEI:MTARTECH)	38.4%	46.2%
Kirloskar Pneumatic (BSE:505283)	30.6%	27.7%
Aether Industries (NSEI:AETHER)	31.1%	40.5%
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)	10.4%	35.5%

Click here to see the full list of 82 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Dixon Technologies (India)

Simply Wall St Growth Rating: ★★★★★★

Overview: Dixon Technologies (India) Limited specializes in electronic manufacturing services within India and has a market capitalization of approximately ₹545.84 billion.

Operations: The company's revenue is generated from various segments including home appliances (₹12.05 billion), security systems (₹6.33 billion), lighting products (₹7.87 billion), mobile and EMS division (₹109.19 billion), and consumer electronics & appliances (₹41.48 billion).

Insider Ownership: 25%

Dixon Technologies (India) Limited, a key player in electronics manufacturing, has shown robust growth with a recent MOU to manufacture Acerpure products, enhancing its product line and market reach. Financially, Dixon reported significant year-over-year increases in quarterly and annual revenues and net income for the fiscal year ending March 2024. The company's strategic expansion includes a new manufacturing unit in Dehradun, expected to bolster local employment and production capacities. Despite these positives, there is no recent substantial insider buying or selling reported, which might be a point of caution for investors looking at high insider ownership as a confidence indicator.

• Click here to discover the nuances of Dixon Technologies (India) with our detailed analytical future growth report.

• Our expertly prepared valuation report Dixon Technologies (India) implies its share price may be too high.

NSEI:DIXON Ownership Breakdown as at May 2024

Info Edge (India)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Info Edge (India) Limited, with a market capitalization of ₹826.34 billion, operates as an online classifieds company in sectors like recruitment, matrimony, real estate, and education both in India and internationally.

Operations: The company generates revenue primarily through recruitment solutions and real estate, with ₹187.99 million from recruitment and ₹35.12 million from real estate activities.

Insider Ownership: 37.9%

Info Edge (India) Limited has demonstrated a strong turnaround, reporting a significant increase in quarterly and annual revenues and transforming from a net loss last year to a substantial net income this year. The company's earnings are expected to grow by 27.81% annually, outpacing the broader Indian market's growth. Despite these positives, the company maintains an unstable dividend track record and low forecasted return on equity at 6.8%. Moreover, recent regulatory challenges include a tax demand related to GST discrepancies. Insider activity shows more buying than selling in the past three months, reflecting some level of confidence among insiders.

• Click here and access our complete growth analysis report to understand the dynamics of Info Edge (India).

• The valuation report we've compiled suggests that Info Edge (India)'s current price could be inflated.

NSEI:NAUKRI Earnings and Revenue Growth as at May 2024

Varun Beverages

Simply Wall St Growth Rating: ★★★★★☆

Overview: Varun Beverages Limited operates as a franchisee of PepsiCo, producing and distributing carbonated soft drinks and non-carbonated beverages, with a market capitalization of approximately ₹1.96 trillion.

Operations: The company generates revenue primarily through the manufacturing and sale of beverages, totaling approximately ₹16.47 billion.

Insider Ownership: 36.4%

Varun Beverages Limited, with its robust insider ownership, is poised for substantial growth. The company's revenue and earnings are expected to outpace the broader Indian market with forecasts of 16.3% and 23% annual increases respectively. Recent strategic expansions include launching a subsidiary in Zimbabwe and initiating production at a new facility in Uttar Pradesh, signaling aggressive growth plans. However, it carries a high level of debt which could weigh on its financial agility.

• Click to explore a detailed breakdown of our findings in Varun Beverages' earnings growth report.

• Our valuation report unveils the possibility Varun Beverages' shares may be trading at a premium.

NSEI:VBL Ownership Breakdown as at May 2024

Seize The Opportunity

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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.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

Companies discussed in this article include NSEI:DIXONNSEI:NAUKRI and NSEI:VBL

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