In the past year, the Indian market has experienced a strong 42% increase, although it has remained flat in the last 7 days. Stocks with high insider ownership are particularly attractive as they often indicate strong confidence from those who know the company best.
Below are the top 10 growth companies in India with high insider ownership:
1. Pitti Engineering (BSE:513519) – Insider Ownership: 33.6%, Earnings Growth: 36.5%
2. Archean Chemical Industries (NSEI:ACI) – Insider Ownership: 22.9%, Earnings Growth: 36.5%
3. Triveni Turbine (BSE:533655) – Insider Ownership: 28.6%, Earnings Growth: 21.1%
4. Rajratan Global Wire (BSE:517522) – Insider Ownership: 19.8%, Earnings Growth: 33.5%
5. Dixon Technologies (India) (NSEI:DIXON) – Insider Ownership: 25%, Earnings Growth: 27%
6. Jupiter Wagons (NSEI:JWL) – Insider Ownership: 11.1%, Earnings Growth: 25.8%
7. Paisalo Digital (BSE:532900) – Insider Ownership: 16.3%, Earnings Growth: 27.8%
8. MTAR Technologies (NSEI:MTARTECH) – Insider Ownership: 38.4%, Earnings Growth: 41.7%
9. Steel Strips Wheels (BSE:513262) – Insider Ownership: 35.9%, Earnings Growth: 26.5%
10. Kirloskar Pneumatic (BSE:505283) – Insider Ownership: 30.7%, Earnings Growth: 27.7%
Aether Industries Limited is a specialty chemicals manufacturer in India with a high insider ownership of 31.1%. The company is projected to have a revenue growth forecast of 36.6% per year. Aether has demonstrated strong growth with earnings increasing by 24.5% annually over the past five years.
MTAR Technologies Limited, a precision engineering solutions company in India, has an insider ownership of 38.4% and a revenue growth forecast of 36.7% per year. Despite a slight dip in profit margins, MTAR is expected to see its earnings grow by 41.7% annually.
Pricol Limited, a manufacturer of instrument clusters and automobile components in India, has an insider ownership of 25.5% and a revenue growth forecast of 19.1% per year. The company’s earnings have grown by 26.5% annually over the past five years.
Overall, these companies showcase strong growth potential with high insider ownership, making them compelling investment options in the Indian market.