Insider-Owned Indian Growth Companies To Watch In May 2024

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The Indian market has shown robust performance, with a 3.7% rise over the past week and an impressive 44% climb over the last year. With earnings expected to grow by 17% annually, companies with high insider ownership might offer valuable stability and growth potential in this flourishing environment.

Top 10 Growth Companies With High Insider Ownership In India

Name

Insider Ownership

Earnings Growth

Archean Chemical Industries (NSEI:ACI)

22.9%

35.4%

Pitti Engineering (BSE:513519)

33.6%

28.4%

Happiest Minds Technologies (NSEI:HAPPSTMNDS)

38%

23.5%

Titagarh Rail Systems (NSEI:TITAGARH)

24.3%

28.8%

Dixon Technologies (India) (NSEI:DIXON)

25%

27.8%

Jupiter Wagons (NSEI:JWL)

11.1%

27.2%

Paisalo Digital (BSE:532900)

16.3%

27.8%

MTAR Technologies (NSEI:MTARTECH)

38.4%

41.7%

Steel Strips Wheels (BSE:513262)

35.9%

26.5%

Kirloskar Pneumatic (BSE:505283)

30.7%

27.7%

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

Let's take a closer look at a couple of our picks from the screened companies.

Anupam Rasayan India

Simply Wall St Growth Rating: ★★★★★☆

Overview: Anupam Rasayan India Ltd specializes in custom synthesis and manufacturing of specialty chemicals, serving markets in India, Europe, Japan, Singapore, China, North America, and beyond with a market capitalization of approximately ₹86.11 billion.

Operations: The company specializes in custom synthesis and manufacturing of specialty chemicals, catering to diverse international markets including India, Europe, Japan, Singapore, China, and North America.

Insider Ownership: 39.6%

Revenue Growth Forecast: 22.9% p.a.

Anupam Rasayan India is poised for robust growth with its revenue and earnings expected to outpace the Indian market significantly, growing at 22.9% and 44.37% per year respectively. However, its Return on Equity is projected to be modest at 9.4%. Recent strategic moves include a $90 million deal with a leading Japanese company and expansion into the U.S., establishing Anupam USA, LLC. Despite these positives, shareholder dilution has occurred over the past year.

NSEI:ANURAS Earnings and Revenue Growth as at May 2024
NSEI:ANURAS Earnings and Revenue Growth as at May 2024

Aptus Value Housing Finance India

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Aptus Value Housing Finance India Limited, along with its subsidiary, functions as a housing finance company in India, boasting a market capitalization of approximately ₹157.68 billion.