The Indian market has shown robust growth, with the Industrials sector gaining 3.6% over the last week and the overall market surging 41% in the past year. In this thriving environment, stocks with high insider ownership and strong earnings growth potential stand out as particularly compelling opportunities for investors.
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Stocks to buy: Stocks like IPCA Laboratories, Mrs. Bectors Food Specialities, and ICICI Prudential Life Insurance are recommended buys with potential upside ranging from 9% to 17%.
The Nifty Microcap 250 index has surged over 100% in FY24, while during the same period, the Nifty50 index has gained 27%. It s noteworthy to know that 96 out of the 250 stocks in the microcap index have become multibaggers in FY24, and in fact, 192 stocks have outperformed the Nifty Microcap index during this time frame.