### 3 Indian Growth Stocks With Up To 37% Insider Ownership ###

The Indian market has shown remarkable resilience, with the Utilities sector gaining 3.5% while the overall market remained flat last week and up 44% over the past year. In this thriving environment, growth companies with high insider ownership can be particularly attractive as they often signal strong confidence from those who know the business best.

Top 10 Growth Companies With High Insider Ownership In India

Click here to see the full list of 92 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

We're going to check out a few of the best picks from our screener tool.

Dixon Technologies (India) (NSEI:DIXON)

Simply Wall St Growth Rating: ★★★★★★

Overview: Dixon Technologies (India) Limited provides electronic manufacturing services both in India and internationally, with a market cap of ₹837.45 billion.

Operations: The company's revenue segments include Home Appliances (₹12.51 billion), Lighting Products (₹7.92 billion), Mobile & EMS Division (₹143.16 billion), and Consumer Electronics & Appliances (₹41.21 billion).

Insider Ownership: 24.6%

Dixon Technologies (India) is forecast to achieve substantial revenue growth at 24% annually, significantly outpacing the Indian market's 10.2%. Earnings are expected to grow at 31% per year, also surpassing market expectations of 17.3%. The company reported impressive financial results for Q1 2024 with revenue doubling to ₹65.88 billion and net income rising to ₹1.34 billion compared to the previous year, reflecting robust operational performance and growth potential.

• Navigate through the intricacies of Dixon Technologies (India) with our comprehensive analyst estimates report here.
• According our valuation report, there's an indication that Dixon Technologies (India)'s share price might be on the expensive side.

Indoco Remedies (NSEI:INDOCO)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Indoco Remedies Limited manufactures, markets, and sells formulations and active pharmaceutical ingredients in India and internationally, with a market cap of ₹34.76 billion.

Operations: The company generates revenue of ₹18.22 billion from its pharmaceuticals segment.

Insider Ownership: 22%

Indoco Remedies exhibits strong growth potential with earnings forecasted to grow at 43.75% annually, significantly outpacing the Indian market average of 17.3%. Despite recent regulatory challenges and a decrease in profit margins from 7.6% to 4.2%, the company received USFDA approval for Lofexidine Tablets, which could enhance revenue streams. Insider ownership remains high, indicating confidence among key stakeholders in Indoco's long-term prospects despite current financial pressures and regulatory scrutiny.

• Click here to discover the nuances of Indoco Remedies with our detailed analytical future growth report.
• Our expertly prepared valuation report Indoco Remedies implies its share price may be too high.

Info Edge (India) (NSEI:NAUKRI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Info Edge (India) Limited operates as an online classifieds company in recruitment, matrimony, real estate, and education services both in India and internationally, with a market cap of ₹1.05 trillion.

Operations: The company's revenue segments comprise ₹19.05 billion from Recruitment Solutions and ₹3.67 billion from 99acres for Real Estate.

Insider Ownership: 37.7%

Info Edge (India) shows strong growth potential with earnings forecasted to grow 23.61% annually, outpacing the Indian market's 17.3%. Despite a slower revenue growth rate of 13%, it remains above the market average of 10.2%. Recent insider buying indicates confidence among key stakeholders, even as the company faces regulatory scrutiny over GST input tax credits and an unstable dividend track record.

• Unlock comprehensive insights into our analysis of Info Edge (India) stock in this growth report.
• Our valuation report unveils the possibility Info Edge (India)'s shares may be trading at a premium.

Taking Advantage

• Navigate through the entire inventory of 92 Fast Growing Indian Companies With High Insider Ownership here.
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Contemplating Other Strategies?

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• Find companies with promising cash flow potential yet trading below their fair value.

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.

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