Examining 3 Indian Exchange Growth Stocks With At Least 24% Insider Ownership

The Indian stock market has shown robust growth, climbing 1.7% over the past week and an impressive 45% in the last year, with earnings expected to grow by 16% annually. In such a thriving market, stocks with high insider ownership can be particularly intriguing, as they often indicate strong confidence from those who know the company best.

Top 10 Growth Companies With High Insider Ownership In India

Name	Insider Ownership	Earnings Growth
Archean Chemical Industries (NSEI:ACI)	22.9%	28.9%
Pitti Engineering (BSE:513519)	33.6%	28.0%
Shivalik Bimetal Controls (BSE:513097)	19.5%	28.7%
Rajratan Global Wire (BSE:517522)	19.8%	33.5%
Dixon Technologies (India) (NSEI:DIXON)	24.9%	33.7%
Jupiter Wagons (NSEI:JWL)	11.1%	27.2%
Paisalo Digital (BSE:532900)	16.3%	23.8%
JNK India (NSEI:JNKINDIA)	23.8%	31.8%
Chalet Hotels (NSEI:CHALET)	13.1%	27.6%
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)	10.4%	33.2%

Click here to see the full list of 84 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Let's uncover some gems from our specialized screener.

Dixon Technologies (India)

Simply Wall St Growth Rating: ★★★★★★

Overview: Dixon Technologies (India) Limited, an electronic manufacturing services provider in India, has a market capitalization of approximately ₹74.47 billion.

Operations: The company's revenue is divided among several key segments: Home Appliances (₹12.05 billion), Security Systems (₹6.33 billion), Lighting Products (₹7.87 billion), Mobile & EMS Division (₹109.19 billion), and Consumer Electronics & Appliances (₵41.48 billion).

Insider Ownership: 24.9%

Dixon Technologies, a prominent player in India's electronics manufacturing sector, recently reported a substantial year-over-year revenue increase to INR 177.13 billion and net income growth to INR 3.68 billion for the fiscal year ending March 2024. This performance underscores its robust earnings trajectory, with expected annual profit and revenue growth rates outpacing the Indian market significantly. The company has also engaged in strategic expansions, including a memorandum of understanding with Acerpure India for manufacturing consumer appliances, showcasing proactive steps towards diversifying its product lineup and enhancing operational capacities.

• Click here and access our complete growth analysis report to understand the dynamics of Dixon Technologies (India).

• Our expertly prepared valuation report Dixon Technologies (India) implies its share price may be too high.

NSEI:DIXON Ownership Breakdown as at Jul 2024

Info Edge (India)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Info Edge (India) Limited, with a market cap of approximately ₹895 billion, operates as an online classifieds company focusing on recruitment, matrimony, real estate, and education services both in India and internationally.

Operations: The company generates revenue primarily through recruitment solutions (₹18.80 billion) and real estate classifieds under its 99acres brand (₹3.51 billion).

Insider Ownership: 37.9%

Info Edge (India) has shown a notable turnaround, reporting a net income of INR 603.89 million in Q4 2024 from a significant loss the previous year, with annual sales reaching INR 25.36 billion. Despite this growth and an active presence in influential conferences, the company faces challenges such as insider selling and regulatory scrutiny over GST violations. While its earnings are expected to grow by 24.3% annually, surpassing market averages, its return on equity remains low at 5.9%, reflecting potential concerns about long-term shareholder value creation amidst unstable dividends.

• Take a closer look at Info Edge (India)'s potential here in our earnings growth report.

• In light of our recent valuation report, it seems possible that Info Edge (India) is trading beyond its estimated value.

NSEI:NAUKRI Earnings and Revenue Growth as at Jul 2024

Persistent Systems

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Persistent Systems Limited operates globally, offering software products, services, and technology solutions with a market capitalization of approximately ₹660.48 billion.

Operations: The company generates revenue from three primary segments: Healthcare & Life Sciences (₹20.88 billion), Software, Hi-Tech and Emerging Industries (₹45.95 billion), and Banking, Financial Services and Insurance (BFSI) at ₹31.39 billion.

Insider Ownership: 34.3%

Persistent Systems, a growth-oriented company with high insider ownership in India, demonstrates robust financial health and strategic innovation. It forecasts earnings growth of 18.48% per year and revenue growth at 13.4% annually, outpacing the Indian market average. Despite recent executive changes and a minor regulatory issue in its Netherlands branch, Persistent has launched the GenAI Hub to foster enterprise-level generative AI applications integration—indicating strong future potential through technological leadership and market responsiveness.

• Click here to discover the nuances of Persistent Systems with our detailed analytical future growth report.

• Our valuation report unveils the possibility Persistent Systems' shares may be trading at a premium.

NSEI:PERSISTENT Ownership Breakdown as at Jul 2024

Taking Advantage

• Discover the full array of 84 Fast Growing Indian Companies With High Insider Ownership right here.

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Ready To Venture Into Other Investment Styles?

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

Companies discussed in this article include NSEI:DIXON NSEI:PERSISTENT and

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