Top Indian Growth Stocks With High Insider Ownership In September 2024

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In the last week, the Indian market is up 1.6% and has surged 44% over the last 12 months, with earnings forecasted to grow by 17% annually. In such a robust market environment, growth companies with high insider ownership can offer unique investment opportunities due to their potential for strong performance and alignment of interests between management and shareholders.

Top 10 Growth Companies With High Insider Ownership In India

Name

Insider Ownership

Earnings Growth

Archean Chemical Industries (NSEI:ACI)

22.9%

33.7%

Kirloskar Pneumatic (BSE:505283)

30.3%

30.1%

Dixon Technologies (India) (NSEI:DIXON)

24.6%

31.1%

Jupiter Wagons (NSEI:JWL)

10.8%

27.4%

Happiest Minds Technologies (NSEI:HAPPSTMNDS)

32.5%

22.2%

Paisalo Digital (BSE:532900)

16.3%

24.8%

Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)

10.4%

32.3%

Rajratan Global Wire (BSE:517522)

19.8%

35.8%

KEI Industries (BSE:517569)

18.7%

22.4%

Aether Industries (NSEI:AETHER)

31.1%

45.9%

Click here to see the full list of 93 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

Astral

Simply Wall St Growth Rating: ★★★★★☆

Overview: Astral Limited, with a market cap of ₹5.44 billion, manufactures and markets pipes, water tanks, adhesives, and sealants in India and internationally through its subsidiaries.

Operations: Astral's revenue segments include ₹42.17 billion from plumbing and ₹15.25 billion from paints and adhesives.

Insider Ownership: 39.4%

Earnings Growth Forecast: 23.5% p.a.

Astral's earnings are forecast to grow 23.53% annually, outpacing the Indian market's 17.3%. Despite no substantial insider buying in the past three months, significant insider selling has occurred. Revenue is expected to grow at 17.3% per year, faster than the market's 10.1%. Recent expansions include a new Hyderabad plant starting production on September 2, 2024, and consolidating adhesive manufacturing operations to newer facilities in Rania and Dahej from Unnao.

NSEI:ASTRAL Earnings and Revenue Growth as at Sep 2024
NSEI:ASTRAL Earnings and Revenue Growth as at Sep 2024

Info Edge (India)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Info Edge (India) Limited operates as an online classifieds company in recruitment, matrimony, real estate, and education services both in India and internationally, with a market cap of ₹1.02 trillion.

Operations: The company's revenue segments include ₹19.05 billion from Recruitment Solutions and ₹3.67 billion from 99acres for Real Estate.