Advertisement
Canada markets closed
  • S&P/TSX

    21,875.79
    -66.41 (-0.30%)
     
  • S&P 500

    5,462.20
    +1.72 (+0.03%)
     
  • DOW

    39,148.50
    +29.64 (+0.08%)
     
  • CAD/USD

    0.7274
    -0.0037 (-0.51%)
     
  • CRUDE OIL

    82.58
    +1.04 (+1.28%)
     
  • Bitcoin CAD

    86,363.09
    +1,763.78 (+2.08%)
     
  • CMC Crypto 200

    1,305.39
    +3.32 (+0.25%)
     
  • GOLD FUTURES

    2,338.90
    -0.70 (-0.03%)
     
  • RUSSELL 2000

    2,032.83
    -14.86 (-0.73%)
     
  • 10-Yr Bond

    4.4730
    +0.1300 (+2.99%)
     
  • NASDAQ

    17,787.82
    +55.22 (+0.31%)
     
  • VOLATILITY

    12.98
    +0.54 (+4.34%)
     
  • FTSE

    8,187.07
    +22.95 (+0.28%)
     
  • NIKKEI 225

    39,631.06
    +47.98 (+0.12%)
     
  • CAD/EUR

    0.6782
    -0.0038 (-0.56%)
     

Exploring AU Small Finance Bank And Two More Indian Growth Stocks With High Insider Ownership

Over the past year, India's market has shown robust growth with a 41% increase, despite a recent 2.4% dip over the last seven days. In such an environment, companies like AU Small Finance Bank with high insider ownership can be particularly noteworthy, as this could signal 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%

28.1%

Pitti Engineering (BSE:513519)

33.6%

28.0%

Rajratan Global Wire (BSE:517522)

19.8%

33.5%

Dixon Technologies (India) (NSEI:DIXON)

24.9%

27.9%

Happiest Minds Technologies (NSEI:HAPPSTMNDS)

38%

22.9%

Jupiter Wagons (NSEI:JWL)

11.1%

27.2%

Paisalo Digital (BSE:532900)

16.3%

23.8%

Kirloskar Pneumatic (BSE:505283)

30.6%

27.7%

Aether Industries (NSEI:AETHER)

31.1%

32%

Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)

10.4%

35.5%

Click here to see the full list of 77 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

ADVERTISEMENT

Here we highlight a subset of our preferred stocks from the screener.

AU Small Finance Bank

Simply Wall St Growth Rating: ★★★★★☆

Overview: AU Small Finance Bank Limited, operating in India, offers a range of banking and financial services with a market capitalization of approximately ₹474.31 billion.

Operations: The bank generates revenue primarily through three segments: Treasury (₹17.04 billion), Retail Banking (₹91.18 billion), and Wholesale Banking (₹11.61 billion).

Insider Ownership: 24.3%

Revenue Growth Forecast: 24.8% p.a.

AU Small Finance Bank, a growth-oriented entity with considerable insider ownership, has shown robust financial performance with a net income increase to INR 15.35 billion for the fiscal year ended March 31, 2024. Despite recent penalties from regulatory bodies for minor infractions totaling less than INR 0.11 million, the bank maintains strong growth forecasts with earnings expected to rise by approximately 23.94% annually and revenue projected to grow by about 24.8% per year. These figures suggest a promising outlook though challenges in maintaining compliance could pose risks.

NSEI:AUBANK Ownership Breakdown as at May 2024
NSEI:AUBANK Ownership Breakdown as at May 2024

Jupiter Wagons

Simply Wall St Growth Rating: ★★★★★★

Overview: Jupiter Wagons Limited is a company that manufactures and sells mobility solutions both in India and internationally, with a market capitalization of approximately ₹234.92 billion.

Operations: The company generates ₹36.44 billion in revenue from its auto manufacturing segment.

Insider Ownership: 11.1%

Revenue Growth Forecast: 21.6% p.a.

Jupiter Wagons Limited, characterized by high insider ownership, is poised for substantial growth with significant revenue and earnings increases reported in 2024. The company recently secured a large INR 9,570 million contract from the Ministry of Railways, enhancing its market position. Despite a volatile share price and recent shareholder dilution, Jupiter Wagons' robust financial results and strategic acquisitions signal strong future potential. However, a reduced dividend points to possible prioritization of reinvestment over immediate shareholder returns.

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

Titagarh Rail Systems

Simply Wall St Growth Rating: ★★★★★☆

Overview: Titagarh Rail Systems Limited operates in the manufacturing and sales of freight and passenger rail systems, both domestically in India and internationally, with a market capitalization of approximately ₹182.90 billion.

Operations: The company generates revenue through two primary segments: Passenger Rail Systems, which brought in ₹4.36 billion, and Freight Rail Systems, including shipbuilding, bridges and defense activities, which accounted for ₹34.18 billion.

Insider Ownership: 24.3%

Revenue Growth Forecast: 24.2% p.a.

Titagarh Rail Systems, with high insider ownership, has demonstrated robust growth with a significant increase in earnings and revenue in the past year. Forecasted annual earnings and revenue growth are expected to outpace the Indian market significantly. Despite this positive outlook, there have been concerns over shareholder dilution and only moderate insider buying activity recently. The company's strategic leadership changes and dividend recommendation suggest confidence in sustained growth, aligning with its aggressive market expansion strategies.

NSEI:TITAGARH Ownership Breakdown as at May 2024
NSEI:TITAGARH Ownership Breakdown as at May 2024

Next Steps

Contemplating Other Strategies?

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:AUBANKNSEI:JWLNSEI:TITAGARH and

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com