The Indian stock market has been on a remarkable growth trajectory, with a 2.3% increase in the last week and a staggering 45% rise over the past year. Earnings are expected to grow by 16% annually, making it an exciting time for investors. In this bullish environment, stocks with high insider ownership are particularly attractive as they often signal confidence from those who know the company best.
Here are the top 10 growth companies in India with high insider ownership:
1. Kirloskar Pneumatic (BSE:505283) – Insider Ownership: 30.6%, Earnings Growth: 30.1%
2. Archean Chemical Industries (NSEI:ACI) – Insider Ownership: 22.9%, Earnings Growth: 28.9%
3. Dixon Technologies (India) (NSEI:DIXON) – Insider Ownership: 24.6%, Earnings Growth: 34.4%
4. Jupiter Wagons (NSEI:JWL) – Insider Ownership: 10.8%, Earnings Growth: 27.5%
5. Shivalik Bimetal Controls (BSE:513097) – Insider Ownership: 19.5%, Earnings Growth: 28.7%
6. Rajratan Global Wire (BSE:517522) – Insider Ownership: 19.8%, Earnings Growth: 33.5%
7. Paisalo Digital (BSE:532900) – Insider Ownership: 16.3%, Earnings Growth: 23.8%
8. JNK India (NSEI:JNKINDIA) – Insider Ownership: 20.9%, Earnings Growth: 31.8%
9. Apollo Hospitals Enterprise (NSEI:APOLLOHOSP) – Insider Ownership: 10.4%, Earnings Growth: 33%
10. Aether Industries (NSEI:AETHER) – Insider Ownership: 31.1%, Earnings Growth: 43.6%
These companies are poised for growth and have the backing of insiders who believe in their potential. For a full list of 84 stocks from our Fast Growing Indian Companies With High Insider Ownership screener, click here.
One standout company is Astral Limited, which operates in the manufacturing and marketing of pipes, water tanks, and adhesives and sealants. With an insider ownership of 39.4% and an earnings growth forecast of 23% per annum, Astral has demonstrated consistent financial growth and is expected to continue on an upward trajectory.
Another company to watch is Intellect Design Arena Limited, specializing in software development for the banking, insurance, and financial sectors. With an insider ownership of 14.7% and an earnings growth forecast of 22.9% per annum, Intellect has shown strong performance and innovative strides in the market.
Lastly, JNK India Limited, operating in the heating equipment sector, is forecasted to experience substantial growth with earnings and revenue expected to increase by 31.78% annually. Recent significant orders and a high Return on Equity forecast highlight the company’s potential for profitability.
Overall, these companies present exciting investment opportunities in the Indian market. Investors looking to venture into high-growth stocks with high insider ownership should keep an eye on these top performers.
