Despite a flat performance over the past week, India's market has shown robust growth, surging 44% over the past year with earnings expected to grow by 16% annually. In this thriving environment, companies with high insider ownership can be particularly compelling, as they often signal strong confidence from those closest to the business.
The Indian stock market has experienced a slight decline of 1.7% over the last week, yet it boasts an impressive annual growth of 38%, with earnings projected to increase by 16% per annum. In such a robust market, companies with high insider ownership can be particularly appealing, as this often reflects confidence from those who know the business best.
Despite a recent 5.3% drop over the last week, the Indian market has shown robust growth, up 34% over the past year with earnings expected to grow by 16% annually. In this context, companies with high insider ownership and significant revenue growth stand out as potentially strong performers, aligning closely with investor interests and market optimism.
The Indian market has shown robust growth, climbing 3.0% in the past week and achieving a remarkable 45% increase over the last twelve months, with earnings expected to grow by 17% annually. In such a thriving environment, stocks with high insider ownership often signal strong confidence from those who know the company best, potentially making them compelling considerations for investors.
KR Choksey is bullish on Varun Beverages has recommended buy rating on the stock with a target price of Rs 1732 in its research report dated May 15, 2024.