Aether Industries Leads Three Indian Exchange Growth Stocks With High Insider Ownership

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The Indian market has shown remarkable resilience, remaining stable over the last week and achieving a significant 45% increase over the past 12 months with earnings projected to grow by 16% annually. In such a thriving environment, stocks like Aether Industries that combine robust growth prospects with high insider ownership are particularly compelling, suggesting strong confidence from those closest to the company.

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)

30.3%

28.0%

Kirloskar Pneumatic (BSE:505283)

30.6%

29.8%

Shivalik Bimetal Controls (BSE:513097)

19.5%

28.7%

Jupiter Wagons (NSEI:JWL)

10.8%

27.2%

Rajratan Global Wire (BSE:517522)

19.8%

33.5%

Dixon Technologies (India) (NSEI:DIXON)

24.9%

34.5%

Paisalo Digital (BSE:532900)

16.3%

23.8%

JNK India (NSEI:JNKINDIA)

23.8%

31.8%

Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)

10.4%

33.2%

Click here to see the full list of 83 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Here we highlight a subset of our preferred stocks from the screener.

Aether Industries

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aether Industries Limited, with a market cap of ?117.49 billion, specializes in manufacturing and distributing advanced intermediates and specialty chemicals both domestically in India and internationally.

Operations: The company generates revenue primarily through three segments: Contract Manufacturing at ?1.53 billion, Large Scale Manufacturing at ?3.56 billion, and Contract Research and Manufacturing Services (CRAMS) at ?0.83 billion.

Insider Ownership: 31.1%

Earnings Growth Forecast: 40.9% p.a.

Aether Industries, a growth company with high insider ownership in India, is experiencing robust expansion. Forecasted to grow earnings by 40.87% annually and revenue by 30.6% per year, it outpaces the Indian market significantly. However, its profit margins have dipped from 19.9% to 13.8%. Recently, Aether secured a strategic supply agreement with Baker Hughes, enhancing its role in global and domestic markets under the Make in India initiative.

NSEI:AETHER Ownership Breakdown as at Jul 2024
NSEI:AETHER Ownership Breakdown as at Jul 2024

Arvind Fashions

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Arvind Fashions Limited is an Indian company specializing in the retail of garments, cosmetics, and accessories, with a market capitalization of approximately ?67.87 billion.