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Insider-Owned Growth Stocks On The Indian Exchange To Watch In July 2024

The Indian market has experienced strong growth, with a 44% increase over the past year and a weekly growth rate of 1.1%. Companies with high insider ownership are particularly attractive as they indicate a management team that is deeply committed to the company’s success.

Here are the top 10 growth companies in India with high insider ownership:

1. Archean Chemical Industries (NSEI:ACI) – Insider Ownership: 22.9%, Earnings Growth: 28.9%
2. Pitti Engineering (BSE:513519) – Insider Ownership: 33.6%, Earnings Growth: 28.0%
3. Shivalik Bimetal Controls (BSE:513097) – Insider Ownership: 19.5%, Earnings Growth: 28.7%
4. Rajratan Global Wire (BSE:517522) – Insider Ownership: 19.8%, Earnings Growth: 33.5%
5. Dixon Technologies (India) (NSEI:DIXON) – Insider Ownership: 24.9%, Earnings Growth: 33.5%
6. Jupiter Wagons (NSEI:JWL) – Insider Ownership: 11.1%, Earnings Growth: 27.2%
7. Paisalo Digital (BSE:532900) – Insider Ownership: 16.3%, Earnings Growth: 23.8%
8. JNK India (NSEI:JNKINDIA) – Insider Ownership: 23.8%, Earnings Growth: 31.8%
9. Chalet Hotels (NSEI:CHALET) – Insider Ownership: 13.1%, Earnings Growth: 27.6%
10. Kirloskar Pneumatic (BSE:505283) – Insider Ownership: 30.6%, Earnings Growth: 27.7%

Info Edge (India) Limited is a notable company with a market cap of ₹875.46 billion, operating as an online classifieds company in India and globally. The company’s revenue primarily comes from recruitment solutions and real estate classifieds. With an insider ownership of 37.9% and a forecasted revenue growth of 12.1% per year, Info Edge has shown significant financial improvement, transitioning from a net loss to reporting substantial net income for the fiscal year ending March 2024.

It is important to note that this article by Simply Wall St is based on historical data and analyst forecasts, and is not financial advice. The analysis focuses on fundamental data and does not take into account the latest company announcements. Simply Wall St does not hold any positions in the mentioned stocks.

For more information on the top growth companies in India with high insider ownership, refer to the full list of 84 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

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