3 Growth Companies With High Insider Ownership On The Indian Exchange
In This Article:
The Indian market has seen a 1.0% increase in the last 7 days and an impressive 45% rise over the past year, with earnings projected to grow by 17% annually in the coming years. In this favorable environment, growth companies with high insider ownership can be particularly appealing as they often signal strong confidence from those closest to the business.
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) | 30.4% | 30.1% |
| Happiest Minds Technologies (NSEI:HAPPSTMNDS) | 32.5% | 22.2% |
| Dixon Technologies (India) (NSEI:DIXON) | 24.6% | 36.6% |
| Jupiter Wagons (NSEI:JWL) | 10.8% | 27.2% |
| 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) | 19.1% | 22.4% |
| Pricol (NSEI:PRICOLLTD) | 25.5% | 24% |
We'll examine a selection from our screener results.
Heritage Foods
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Heritage Foods Limited procures and processes milk and milk products in India, with a market cap of ?51.22 billion.
Operations: The company's revenue segments consist of ?38.40 billion from Dairy, ?1.70 billion from Feed, and ?90.04 million from Renewable Energy.
Insider Ownership: 37%
Revenue Growth Forecast: 11.3% p.a.
Heritage Foods has demonstrated strong growth, with earnings rising by 119.8% over the past year and revenue for Q1 2024 reaching ?10.38 billion, up from ?9.26 billion a year ago. The company also declared a final dividend of ?2.50 per share for FY2024 and launched new products like ghee laddus and ice creams in June 2024. Despite high insider ownership, the stock has been highly volatile recently and has an unstable dividend track record.
Jupiter Wagons
Simply Wall St Growth Rating: ★★★★★★
Overview: Jupiter Wagons Limited manufactures and sells railway wagons, wagon components, and railway transportation equipment in India and internationally, with a market cap of ?235.89 billion.
Operations: The company's revenue segments include ?37.70 billion from Auto Manufacturers.
Insider Ownership: 10.8%
Revenue Growth Forecast: 23.3% p.a.
Jupiter Wagons has shown substantial growth, with earnings increasing by 111.2% over the past year and forecasted to grow at 27.21% annually. Revenue is expected to rise by 23.3% per year, outpacing the broader Indian market's growth rate of 10%. Despite high insider ownership and significant recent equity offerings totaling ?8 billion, the stock has been highly volatile over the past three months and shareholders have experienced dilution in the past year.