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Three Indian Exchange Growth Companies With Insider Ownership Peaking At 37%

The Indian stock market has shown robust growth, rising by 1.1% over the past week and an impressive 44% over the last year, with earnings projected to grow by 16% annually. In such a thriving market, stocks with high insider ownership can be particularly appealing as they often indicate a strong alignment between company management and shareholder interests.

Top 10 Growth Companies With High Insider Ownership In India

Name

Insider Ownership

Earnings Growth

Archean Chemical Industries (NSEI:ACI)

22.9%

28.9%

Pitti Engineering (BSE:513519)

33.6%

28.0%

Shivalik Bimetal Controls (BSE:513097)

19.5%

28.7%

Rajratan Global Wire (BSE:517522)

19.8%

33.5%

Dixon Technologies (India) (NSEI:DIXON)

24.9%

33.5%

Jupiter Wagons (NSEI:JWL)

11.1%

27.2%

Paisalo Digital (BSE:532900)

16.3%

23.8%

JNK India (NSEI:JNKINDIA)

23.8%

31.8%

Chalet Hotels (NSEI:CHALET)

13.1%

27.6%

Aether Industries (NSEI:AETHER)

31.1%

39.8%

Click here to see the full list of 84 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

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Underneath we present a selection of stocks filtered out by our screen.

Info Edge (India)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Info Edge (India) Limited, with a market cap of ₹875.46 billion, operates as an online classifieds company focusing on recruitment, matrimony, real estate, and education services both in India and internationally.

Operations: The company generates revenue primarily through Recruitment Solutions and 99acres for Real Estate, earning ₹18.80 billion and ₹3.51 billion respectively.

Insider Ownership: 37.9%

Info Edge (India) has shown a mixed financial performance with unstable dividends and low forecasted return on equity at 5.9%. However, the company's earnings are expected to grow by 24.3% annually, outpacing the Indian market's forecast of 15.8%. Despite this robust profit growth, revenue growth is slower at 12.1% annually compared to a higher market expectation of 20% per year. Recent activities include a dividend announcement and presentations at several major conferences, indicating active engagement in market positioning and shareholder communication.

NSEI:NAUKRI Earnings and Revenue Growth as at Jul 2024
NSEI:NAUKRI Earnings and Revenue Growth as at Jul 2024

Persistent Systems

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Persistent Systems Limited specializes in delivering software products, services, and technology solutions across India, North America, and other global markets, with a market capitalization of approximately ₹623.07 billion.

Operations: The company generates revenue from three primary segments: Healthcare & Life Sciences (₹20.88 billion), Software, Hi-Tech and Emerging Industries (₹45.95 billion), and Banking, Financial Services and Insurance (BFSI) at ₹31.39 billion.

Insider Ownership: 34.3%

Persistent Systems, a key player in India's tech sector, is poised for robust growth with earnings expected to increase by 18.2% annually, outstripping the market forecast of 15.8%. While its revenue growth at 13.3% per year is substantial, it does not reach the high-growth benchmark of 20%. The company maintains a solid return on equity projection at 26.3% in three years and pays a stable dividend yield of 0.61%. Recent strategic moves include launching GenAI Hub to enhance enterprise AI applications and executive reshuffles to strengthen leadership, underscoring its commitment to innovation and market expansion despite recent resignations like that of Ms. Merlyn Mathew.

NSEI:PERSISTENT Earnings and Revenue Growth as at Jul 2024
NSEI:PERSISTENT Earnings and Revenue Growth as at Jul 2024

Varun Beverages

Simply Wall St Growth Rating: ★★★★★☆

Overview: Varun Beverages Limited operates as a franchisee of PepsiCo, producing and distributing carbonated soft drinks and non-carbonated beverages, with a market capitalization of approximately ₹2.12 trillion.

Operations: The company generates its revenue primarily from the manufacturing and sale of beverages, totaling ₹164.67 billion.

Insider Ownership: 36.4%

Varun Beverages, a significant entity in the Indian beverage sector, is navigating a growth trajectory with earnings and revenue forecasts outpacing the broader market. Expected to grow earnings by 25% annually and revenue by 16.8% per year, it surpasses India's average growth rates. However, it carries a high debt burden which could impact future performance. Recent strategic expansions include establishing a subsidiary in Zimbabwe and initiating production at a new facility in Uttar Pradesh, reflecting its aggressive growth strategy despite leadership changes like the new CFO appointment following a resignation.

NSEI:VBL Earnings and Revenue Growth as at Jul 2024
NSEI:VBL Earnings and Revenue Growth as at Jul 2024

Key Takeaways

Ready To Venture Into Other Investment Styles?

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:NAUKRI NSEI:PERSISTENT and NSEI:VBL.

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