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Exploring Three Indian Exchange Growth Companies With High Insider Ownership

The Indian stock market has shown remarkable resilience, remaining stable in the past week and achieving a significant 43% increase over the last year, with earnings expected to grow by 16% annually. In such an environment, companies with high insider ownership can be particularly appealing, as this often signals strong confidence from those most familiar with the company's operations and future prospects.

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.

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 offers a range of banking and financial services across India, with a market capitalization of approximately ₹474.31 billion.

Operations: The bank's revenue is primarily generated from three segments: Treasury (₹17.04 billion), Retail Banking (₹91.18 billion), and Wholesale Banking (₹11.61 billion).

Insider Ownership: 24.3%

Earnings Growth Forecast: 23.9% p.a.

AU Small Finance Bank is poised for significant growth with earnings and revenue forecasted to expand by approximately 24% annually, outpacing the broader Indian market. Despite recent regulatory penalties, the bank has demonstrated robust historical earnings growth of nearly 22% per year over the past five years. However, insider transactions have not been substantial in volume recently, indicating a potential area for improvement in strengthening insider confidence and ownership engagement.

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 revenue primarily from the auto manufacturers segment, amounting to ₹36.44 billion.

Insider Ownership: 11.1%

Earnings Growth Forecast: 27.2% p.a.

Jupiter Wagons Limited, a company with high insider ownership, recently announced significant corporate activities including a large contract win and substantial private placements. The firm reported a remarkable year-over-year earnings growth, with last quarter's net income more than doubling. Despite this strong performance and positive revenue forecasts, shareholder dilution over the past year and highly volatile share prices could be areas of concern for potential investors.

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 specializes in manufacturing and selling both freight and passenger rail systems across India and globally, with a market capitalization of approximately ₹182.90 billion.

Operations: The company generates ₹4.36 billion from passenger rail systems and ₹34.18 billion from freight rail systems, including shipbuilding, bridges, and defense.

Insider Ownership: 24.3%

Earnings Growth Forecast: 28.8% p.a.

Titagarh Rail Systems has demonstrated robust growth with its full-year earnings more than doubling, driven by significant sales increases. The company's revenue and net income have seen substantial year-over-year growth, reflecting strong operational performance. However, despite this positive trend, shareholder dilution occurred over the past year. Recent executive leadership changes and a hefty dividend suggest potential for continued strategic initiatives, although insider transactions haven't been notably substantial in recent months.

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:AUBANK NSEI:JWL and NSEI:TITAGARH.

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