Top Growth Stocks With High Insider Ownership On Indian Exchanges In September 2024

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Over the last 7 days, the market has dropped 1.1%, driven by pullbacks in the Financials and Energy sectors of 2.1% and 5.2%, respectively. The market is up 40% over the past year, with earnings forecast to grow by 17% annually. In such a fluctuating environment, identifying growth companies with high insider ownership can be crucial for investors seeking stability and potential upside in their portfolios.

Top 10 Growth Companies With High Insider Ownership In India

Name

Insider Ownership

Earnings Growth

Archean Chemical Industries (NSEI:ACI)

22.9%

33.7%

Kirloskar Pneumatic (BSE:505283)

30.4%

30.1%

Dixon Technologies (India) (NSEI:DIXON)

24.6%

37.4%

Jupiter Wagons (NSEI:JWL)

10.8%

27.4%

Happiest Minds Technologies (NSEI:HAPPSTMNDS)

32.5%

22.2%

Paisalo Digital (BSE:532900)

16.3%

24.8%

Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)

10.4%

32.3%

KEI Industries (BSE:517569)

18.7%

22.4%

Pricol (NSEI:PRICOLLTD)

25.5%

24%

Aether Industries (NSEI:AETHER)

31.1%

45.9%

Click here to see the full list of 93 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Let's explore several standout options from the results in the screener.

Greenpanel Industries

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Greenpanel Industries Limited manufactures, markets, and sells plywood, medium density fibre board (MDF), and allied products both in India and internationally, with a market cap of ?47.59 billion.

Operations: The company's revenue segments comprise ?1.62 billion from plywood and allied products and ?14.05 billion from medium density fibre boards and allied products.

Insider Ownership: 13.6%

Greenpanel Industries showcases high insider ownership, with earnings expected to grow significantly at 25.3% annually, outpacing the Indian market's 17.1%. Despite a lower profit margin of 9.1% compared to last year's 14.4%, its P/E ratio of 33.4x remains competitive against the Indian market average of 34.2x. Recent events include an office relocation and dividend approval, though no substantial insider buying has occurred in the past three months.

NSEI:GREENPANEL Ownership Breakdown as at Sep 2024
NSEI:GREENPANEL Ownership Breakdown as at Sep 2024

HealthCare Global Enterprises

Simply Wall St Growth Rating: ★★★★☆☆

Overview: HealthCare Global Enterprises Limited, with a market cap of ?58.01 billion, provides medical and healthcare services focusing on cancer and fertility in India and internationally.

Operations: The company's revenue segments include ?19.77 billion from setting up and managing hospitals and medical diagnostic services.