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

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

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 (NSEI:GREENPANEL)

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.

• Take a closer look at Greenpanel Industries' potential here in our earnings growth report.
• Our comprehensive valuation report raises the possibility that Greenpanel Industries is priced higher than what may be justified by its financials.

HealthCare Global Enterprises (NSEI:HCG)

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.

Insider Ownership: 13.8%

HealthCare Global Enterprises exhibits high insider ownership and is poised for significant growth, with earnings forecast to increase by 39.5% annually, surpassing the Indian market's average of 17.1%. Recent revenue and net income improvements highlight its robust performance, despite interest payments not being well covered by earnings. The company is evaluating inorganic growth opportunities but has no mature acquisitions currently. Recent board meetings focused on financial results and director reappointments.

• Delve into the full analysis future growth report here for a deeper understanding of HealthCare Global Enterprises.
• The analysis detailed in our HealthCare Global Enterprises valuation report hints at an inflated share price compared to its estimated value.

Nazara Technologies (NSEI:NAZARA)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Nazara Technologies Limited operates a gaming and sports media platform in India and internationally, with a market cap of ₹77.17 billion.

Operations: The company's revenue segments include ₹3.90 billion from Gaming, ₹6.46 billion from E-Sports, and ₹1.02 billion from AD Tech Business.

Insider Ownership: 22.3%

Nazara Technologies, a growth company with high insider ownership, is forecast to achieve annual earnings growth of 24.1%, outpacing the Indian market's average. However, revenue growth at 17.7% annually is slightly below the desirable 20%. Recent board meetings have focused on strategic initiatives including potential equity issuance and small acquisitions. Despite strong financial performance with net income rising to ₹226.3 million for Q1 FY25, shareholders experienced dilution over the past year due to new share issuances.

• Click here and access our complete growth analysis report to understand the dynamics of Nazara Technologies.
• In light of our recent valuation report, it seems possible that Nazara Technologies is trading beyond its estimated value.

Next Steps

• Reveal the 93 hidden gems among our Fast Growing Indian Companies With High Insider Ownership screener with a single click here.
• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
• Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

Curious About Other Options?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
• 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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