The Indian market has been performing well, with a 1.3% increase in the last week and a 41% rise over the past year. Earnings are expected to grow by 16% annually. Stocks with high insider ownership are particularly attractive as they show confidence in the company’s future growth potential.
Here are the top 10 growth companies with high insider ownership in India:
1. Archean Chemical Industries (NSEI:ACI) – Insider Ownership: 22.9%, Earnings Growth: 28.1%
2. Pitti Engineering (BSE:513519) – Insider Ownership: 33.6%, Earnings Growth: 28.0%
3. Rajratan Global Wire (BSE:517522) – Insider Ownership: 19.8%, Earnings Growth: 33.5%
4. Dixon Technologies (India) (NSEI:DIXON) – Insider Ownership: 24.9%, Earnings Growth: 28.6%
5. Happiest Minds Technologies (NSEI:HAPPSTMNDS) – Insider Ownership: 38%, Earnings Growth: 22.9%
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. Apollo Hospitals Enterprise (NSEI:APOLLOHOSP) – Insider Ownership: 10.4%, Earnings Growth: 33.1%
9. Pricol (NSEI:PRICOLLTD) – Insider Ownership: 25.5%, Earnings Growth: 26.9%
10. Aether Industries (NSEI:AETHER) – Insider Ownership: 31.1%, Earnings Growth: 39.8%
Apollo Hospitals Enterprise Limited is one of the companies on the list, with a market capitalization of approximately ₹85.72 billion. The company operates a healthcare network offering services in India and abroad, generating revenue through Healthcare Services, Retail Health & Diagnostics, and Digital Health & Pharmacy Distribution.
With an insider ownership of 10.4% and earnings growth forecasted at 33.1% per annum, Apollo Hospitals Enterprise is expected to see significant growth in the coming years. Recent executive changes and strategic shifts towards digital health and pharmacy expansions highlight the company’s adaptive business model in the healthcare sector.
Overall, stocks with high insider ownership and strong growth potential can be a good investment opportunity in the Indian market.