Best Stocks To Buy Today For Long Term : In this article of Best Stocks to Buy, we will know in detail about 9 blue chip and leading companies of the Indian market for long term investment, in which even a new investor can get a decent return by investing. Can be obtained with less risk.
Shares of thousands of companies are listed in the stock exchange. But most of them are garbage companies, hence investment cannot be made in all the companies. The smaller the company, the more risky it is, hence you should include mostly big companies in your portfolio. Today we will know some such companies in detail.
Best Stocks to Buy – Which Stock is Best to Buy Today for Long Term?
Today, in this article, details of a total of 9 such companies have been given which have been giving good returns to their investors for a long time with very low risk and have great potential for growth in the future also.
● Titan Company Ltd
● Tata Consultancy Services Limited
● Avenue Supermarts
● Asian Paints Ltd
● Pidilite Industries Ltd
● Polycab India Ltd
● Bajaj Finance Ltd
● SRF (Shri Ram Fibres) Ltd
● Astral Ltd
A. Titan Company Ltd
Best Stocks to Buy – The first company in the list of Best Stocks to Buy is Titan which was established in the year 1984. This company is a trusted company of TATA Group which does its business in the sector of jewellery, watches and eyewear. The company does its main business in jewellery from where the company gets 89 percent of its revenue.
Apart from this, 8 percent revenue is received from the watch segment and 2 percent revenue is received from eye wear. The company is continuously expanding its stores, due to which there is a possibility of good growth of TITAN in the coming days.Tanishq, Zoya, Caratlane, TITAN are the brands of the company.
The company’s market cap is 212722cr, current rate/share is 2514, high/low is 2791/1825, PE of the share is 69.5, ROCE is 21.4%, ROE is 26.4%. At present the company’s stock is 9.89 percent below its 52-week high.
The average PE of the company is 78 while currently the PE of the company is. It is 69.5, hence this could be a good opportunity to invest in the company. The CAGR of the company in the last 10 years is 25 percent.
B. Tata Consultancy Services
TCS, a trusted company of Tata Group, is also at the second place in the list of Best Stocks to Buy. TCS (Tata Consultancy Services) is a trusted company of TATA Group which does its business in the IT sector. This is the largest IT company of India.
It provides its services to big groups of the world like Google, Amazon, Azure, Openstack, Adobe, Intel, Bosch, IBM, Apple, Oracle, Symantec etc. TCS has more than 450000 employees. In this rapidly changing world, the IT sector has made an important contribution and has every possibility of doing so in future also. The CAGR of the last 10 years of the company is 15.59.
The company’s market cap is 12,22,910 cr, current rate/share is 3205, high level/low level is 3836/2926, PE of the share is 30.1, ROCE is 54.9%, ROE is 43.6%. At present the company’s stock is 16.42 percent below its 52-week high.
C. Avenue Supermarts
Best Stocks to Buy – The next company in the list of Best Stocks to Buy is Avenue Supermarts i.e. D-MART. This is a big company doing business in the retail sector which mainly does its business in Maharashtra and Gujarat. D-MART is opening its stores in other states also. The company has huge scope for expansion and the company is continuously expanding its stores.
Due to which there is a possibility of huge growth in the company in the coming days.
This company has most of its own stores, very few stores are on lease, due to which the company’s margins are better than other companies in the sector. The CAGR of the last 5 years of the company is 21.49.
The market cap of the company is 224341 cr, Current Rate/Share is 3401, PE of the share is 95.7, ROCE is 15.8%, ROE is 11.5%. At present the company’s stock is 26.21 percent below its 52-week high. So, if you are looking for the best stocks to buy, then this company is made only for you.
D. Asian Paints Ltd.
Asian Paints Group, established in the year 1942, is India’s largest paint manufacturing company and Asia’s third largest coatings company. The company has 70 percent market share in the Indian decorative paint sector.
To expand its business, the company has now expanded its business into kitchen and bath segment also. Currently the company is trending below the average PE which is a good buying opportunity. The CAGR of the last 10 years of the company is 19.9%.
The market cap of the company is 271343 cr, Current Rate/Share is 2761, PE of the share is 71.0, ROCE is 29.7%, ROE is 23.2%. At present the company’s stock is 23 percent below its 52-week high.
E. Pidilite Industries Ltd
It is a chemical sector company which was established in the year 1969. It is a large cap company, which is the leader company of the Indian market in adhesives and sealants. Fevicol, Dr. Fixit, Fevi-Kwik, M-Seal, Roff, Chemifix, all are brands of PIDILITE. The company is continuously expanding itself. The CAGR of the last 10 years of the company is 24.84%.
The market cap of the company is 117865 cr, Current Rate/Share is 2353, PE of the share is 94.7, ROCE is 26.1%, ROE is 20.2%. At present the company’s stock is 19.39 percent below its 52-week high.
F. Polycab India Ltd
Best Stocks to Buy – The name of the next company of Best Stocks to Buy is “POLYCAB”. This company is the market leader in the wire and cable sector. The company has 25 manufacturing plants and is increasing its market cap. Recently, the company has entered the FMCG sector and started manufacturing fan fridge, solar inverter switches.
Polycab is a mid cap company which is continuously growing. The company has more than 3500 dealers and more than 1.25 lakh retail outlets. This company is also continuously expanding itself, hence this company is the best stock to buy which can give you huge profits in the long run. This CAGR of the last 3 years of the company is 43.8%.
The market cap of the company is 45956 cr, current rate/share is 2880, PE of share is 39.4, ROCE is 22.5%, ROE is 17.3%. At present the company’s stock is 8.4 percent below its 52-week high.
G. Bajaj Finance Ltd
Bajaj Finance mainly does its business in the field of lending and finance. Bajaj Finance does vehicle finance, home loan, loan against property, developer finance and lease rental discounting, SME business loans, housing finance as well as other finance.
Despite working in the finance sector, the NPA of Bajaj Finance is very low. Bajaj Finance is a fintech company, due to which the growth of the company is much better than other large cap companies. The CAGR of the last 10 years of the company is 47.2%.
The market cap of the company is 369315 cr, Current Rate/Share is 5616, PE of the share is 34.3, ROCE is 10.3%, ROE is 17.5%. At present the company’s stock is 27.8 percent below its 52-week high.
H. SRF (Shri Ram Fibres) Ltd
Best Stocks to Buy – The next company in the list of Best Stocks to Buy is SRF, a company established in the year 1970. It works in the chemical sector. The company’s diversified business portfolio includes fluoro chemicals, specialty chemicals, packaging films, technical textiles and coated and laminated fabrics. This company is part of the index.
The CAGR of the last 10 years of the company is 50.9%. The market cap of the company is 67346 cr, Current Rate/Share is 2412, PE of the share is 30.5, ROCE is 23.9%, ROE is 24.5%. At present the company’s stock is about 20 percent below its 52-week high.
I. Astral Ltd
Astral poly technik was established in 1996. This company is the leader of the Indian market in the pipe sector. The company is expanding itself in the sector of adhesives and paints. The CAGR of the last 10 years of the company is 44.6%.
The market cap of the company is 38704 cr, Current Rate/Share is 1337, PE of the share is 100, ROCE is 29.6%, ROE is 22.6%. At present the company’s stock is about 33 percent below its 52-week high.
Some Important Facts About Investment
The fundamentals of all these companies are very strong and they are constantly engaged in expanding their companies, due to which there is a huge possibility of getting big returns in all these companies in the coming days. still :-
● One should never invest in any stock in decline and only on its support.
● Before investing in any company, it is very important to study the fundamental analysis and technical analysis of the company.
● When the stock of a company is 10 percent lower than its high or the RSI on the daily chart of that stock is below 40, then it is the right time to invest in the stock.
● Do not invest more than 10 percent of your portfolio in shares of any company.
● One should never be greedy by buying shares at high levels.
● Investment will yield better returns only if the investment is made for a long period.
● Do not buy shares on someone else’s recommendation until you have analysed the company yourself.
● You should always invest by diversifying your portfolio in different companies/sectors.