Are you wondering what are the best stocks to invest that may outperform in the next five years under Modi’s second innings?
Indian bourses Sensex and Nifty50 rallied and hit their lifetime high as early trends indicate a majority for Modi Government.
Read more:
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5 Top FIIs Favourite Stocks in Indian Stock Markets [Mar 2019]
Bharat 22 ETF: 3 Awesome Facts For Long Term Investment [2019]
5 Top Rank Diversified Equity Mutual Funds To Invest In India
Market experts believe that Modi’s second inning would guarantee continuity of the reform. So, you can expect the uncertainty will now fade out which is a bullish sign for markets and economy.
You may witness the rally may resume after a few months when the earnings and growth improve. Having said that, you can keep quality stocks that are likely to outperform in the future.
Here are the best stocks to invest to get awesome returns in the next five years.
Mahindra & Mahindra: Large-Cap
Mahindra and Mahindra Limited is engaged in the manufacturing of passenger cars, commercial vehicles and tractors.
State Bank of India: Large-Cap
State Bank of India is a public sector bank which provides you with a range of products and services. It includes banking solutions to personal, commercial enterprises, large corporates, public bodies, and institutional customers.
BEL: Large-Cap
Bharat Electronics Limited is engaged in design, manufacture and supply of electronics products for defence as well as for non-defence markets. Its main products include weapon systems, radar, and fire control systems etc.
Jindalstel: Mid-Cap
Jindal Steel and Power Limited is a steel producer and its main segments include Iron & Steel, Power and Other.
Exide Ind: Mid-Cap
Exide Industries Limited manufactures, markets and sells a range of lead-acid storage batteries. The Company makes batteries for the automotive, power, telecom, infrastructure projects, computer industries, railways, mining and defence sector.
Jublfood: Mid-Cap
Jubilant FoodWorks Limited is a food service company. The Company has rights to develop and operate Domino’s Pizza brand in India, Sri Lanka, Bangladesh and Nepal. It also has a right to developing and operating Dunkin’ Donuts restaurants for India.
Colgate Palmolive: Large-Cap
Colgate Palmolive (India) Limited is engaged in the personal care and oral care business. The Company offers various personal care products, such as soaps, cosmetics and toilet preparations.
HDFC Bank: Large-Cap
HDFC Bank Limited offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side.
RBL Bank: Large-Cap
RBL Bank Limited is a banking company offering services and products to individuals and small businesses across urban and rural India.
Larsen & Toubro: Large-Cap
Larsen & Toubro Limited is a technology, engineering, construction, manufacturing and financial services company.
ICICI Bank: Large-Cap
ICICI Bank Limited is engaged in providing a range of banking and financial services including commercial & retail banking, project & corporate finance, insurance, venture capital and private equity, investment banking and broking.
UltraTech Cement: Large-Cap
UltraTech Cement Limited is engaged in the business of cement and cement-related products.
(Data as on June 01, 2019)
IndusInd Bank: Large-Cap
IndusInd Bank Limited is engaged in banking and para-banking services. The Bank is involved in accepting deposits, such as savings accounts, current accounts and fixed deposits, and banking solutions.
Britannia Industries: Large-Cap
Britannia Industries Limited is a food company, which is engaged in the manufacture of biscuits, cakes and rusks. The Company operates through the Foods segment, which comprises bakery and dairy products.
Indiabulls Housing Finance: Large-Cap
Indiabulls Housing Finance Limited is a housing finance company.
HDFC: Large-Cap
Housing Development Finance Corporation Limited is a holding company engaged in financing by way of loans for the purchase or construction of residential houses, commercial real estate and certain other purposes, in India.
Bharat Financial Inclusion: Mid-Cap
Bharat Financial Inclusion Limited is a non-banking financial company-micro finance institution. The Company is engaged in providing microfinance services to women in the rural areas of India.
Shriram Transport Finance: Large-Cap
Shriram Transport Finance Company Limited (STFC) is an asset financing non-banking finance company. The Company is engaged in providing finance for commercial vehicles and other loans.
Contra bet: Best stocks to invest
Apart from the above stocks, you can also invest in some of the undervalued stocks which have corrected significantly. However, your view must be at least 3 years to get a good return.
Tata Motors: Large-Cap
Tata Motors Limited is an automobile company engaged in the manufacture of motor vehicles.
Yes Bank: Large-Cap
YES BANK Limited is a private sector bank engaged in providing banking services including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, and wealth management.
DHFL: Small-Cap
Dewan Housing Finance Corporation Limited is a deposit-taking housing finance company. The Company focuses on providing financing products to the lower and middle-income segments in India, primarily in Tier II and Tier III cities, and towns.
NBCC: Mid-Cap
NBCC (India) Limited is engaged in providing project management consultancy, engineering procurement & construction, and real estate development.
I tried to list out some of the best stocks to invest that may double your money in the next five years.
These stocks are in fact suggested by different analysts and so better you discuss with your financial advisor before investing.
Do you own any of the stocks mentioned above? What do you think about these stocks?
You can share your views and suggestion in the comment box.
Either way, if you like this post then do share it on your social networks.
Published on: June 03, 2019
Hi,
What is your suggestion on IDFC First Bank. Many blogs suggested Buy rating on the same.
But the stock is continuously falling from 55/- and currently priced at 42.5/-
What is your recommendation shall i exit or hold further.
I have 1000 shares @54/-
IDFC First Bank looks weak and you can buy only above 47. However, it may test 37 and if it breaks 32, then it may go down further.
IDFC is looking very strong. Any day would purchase IDFC first today