Top 3 Indian Growth Stocks With High Insider Ownership
When it comes to investing in Indian stocks, having a high insider ownership can be a good sign of confidence in the company’s growth potential. Here are three Indian growth stocks that have caught the eye of investors due to their high insider ownership:
1. Info Edge (India) Ltd: Info Edge is a leading internet company in India, known for its popular job portal Naukri.com. The company has a strong presence in the online classifieds and recruitment space, with a market cap of over $5 billion. With a significant insider ownership of around 30%, Info Edge is a stock to watch for investors looking to capitalize on India’s growing internet economy.
2. Bajaj Finance Ltd: Bajaj Finance is a leading non-banking financial company (NBFC) in India, offering a wide range of financial products and services. The company has a market cap of over $30 billion and boasts a high insider ownership of around 25%. With a strong track record of growth and profitability, Bajaj Finance is considered a top pick for investors looking to tap into India’s consumer finance market.
3. Avenue Supermarts Ltd: Avenue Supermarts operates the popular supermarket chain D-Mart, which has a strong presence in major cities across India. The company has a market cap of over $20 billion and boasts a high insider ownership of around 35%. With a focus on offering value-for-money products to consumers, Avenue Supermarts is well-positioned to benefit from the rising disposable incomes in India.
Overall, these three Indian growth stocks with high insider ownership present attractive investment opportunities for those looking to gain exposure to India’s dynamic economy. Investors should conduct thorough research and consider their risk tolerance before making any investment decisions in these stocks.