The big question in front of investors as we enter into the he new year 2020 is which stocks to bet their money on.
2019 was a volatile year for Indian markets and it ended on a somber note as investors in blue-chip stocks, particularly Reliance Industries, booked profit on the last trading day.
For the full-year, Nifty gained 12% and Sensex gained 14%.
Those who owned the blue-chip stocks on the Sensex for the full year 2019 made as much as ₹11 lakh crore ($157 billion).
The picture was much less rosy outside the top stocks in the benchmark indices. The mid and small-cap indices on the Bombay Stock Exchange ended in the red for the full year.
The brutal sell-off in some of the smaller stocks has led to a lot of risk aversion among the investors and traders. So, these are tips from the experts for the cautious investors.
Here's a list of top 10 stocks listed out by Random Skills where the projected return for investors is at least 15%.
1: Bajaj Auto Ltd.
*Reco price (INR) - 3,227 (*price may vary)
Target Price (INR) - 3,723
% Upside - 15.4
Bajaj Auto Limited is an Indian global two-wheeler company and three-wheeler manufacturing company based in Pune, Maharashtra.
It manufactures motorcycles, scooters and auto rickshaws. Bajaj Auto is a part of the Bajaj Group. It was founded by Jamnalal Bajaj in Rajasthan in the 1940s. It is based in Pune, Maharashtra, with plants in Chakan (Pune), Waluj (near Aurangabad) and Pantnagar in Uttarakhand. The oldest plant at Akurdi (Pune) now houses the R&D centre 'Ahead'.
Bajaj Auto is the world's third-largest manufacturer of motorcycles and the second-largest in India. It is the world's largest three-wheeler manufacturer.
On May 2015, its market capitalisation was ₹64,000 crore (US$9.0 billion), making it India's 23rd largest publicly traded company by market value. The Forbes Global 2000 list for the year 2012 ranked Bajaj Auto at 1,416.
2: Britannia Industries Ltd.
*Reco price (INR) - 3,091 (*price may vary)
Target Price (INR) - 3,632
% Upside - 17.5
Britannia Industries Limited is an Indian food-products corporation. Founded in 1892 and headquartered in Kolkata, it is one of India's oldest existing companies. It is now part of the Wadia Group headed by Nusli Wadia.
The company sells its Britannia and Tiger brands of biscuits, breads and dairy products throughout India and in more than 60 countries across the world.Beginning with the circumstances of its takeover by the Wadia group in the early 1990s, the company has been mired in several controversies connected to its management. However, it enjoys a large market share and is exceedingly profitable.
3: Coromandel International Ltd.
*Reco price (INR) - 517 (*price may vary)
Target Price (INR) - 624
% Upside - 20.7
Coromandel International Limited is an Indian corporation founded in the early 1960s by IMC and Chevron Companies of USA and EID Parry. Originally named Coromandel Fertilisers, the company is in the business of fertilizers, pesticides and specialty nutrients. The company is also in rural retail business in the states of Andhra Pradesh, Telangana, Karnataka and Maharashtra through its Mana Gromor Centres.
Coromandel International is part of Murugappa Group and a subsidiary of EID Parry, which holds 62.82% of the equity in the company. The company has sixteen manufacturing units located in the states of Andhra Pradesh, Tamil Nadu, Maharashtra, Gujarat, Rajasthan, Madhya Pradesh, Uttar Pradesh and Jammu and Kashmir. Its product line includes Gromor, Godavari, Paramfos, Parry Gold and Parry Super.
As of 2020 their revenues stood at ₹13,176.73 crore (US$1.8 billion) and their total assets were at ₹10,148.77 crore (US$1.4 billion).
4: Crompton Greaves Consumer Electricals Ltd.
*Reco price (INR) - 246 (*price may vary)
Target Price (INR) - 299
% Upside - 21.5
The company was now part of the Thapar Group. In 1966, these two companies were merged to form CG Power and Industrial Solutions Limited. In 2015, the consumer durables business was demerged to form a separate entity, Crompton Greaves Consumer Electricals Ltd. In FY20, the electric consumer durables segment of CGCEL earned revenue of Rs 3,389.04 crore (US$ 480.78 million).
5: Gujarat Gas Ltd.
*Reco price (INR) - 224 (*price may vary)
Target Price (INR) - 273
% Upside - 21.9
Gujarat Gas Limited, is an Indian natural gas distribution company. Gujarat State Petroleum Corporation owns the company. Established in 1980, and headquartered in Ahmedabad, the company operates primarily in Gujarat. It is India's largest City Gas Distribution (CGD) company.
As of May 2015, Gujarat Gas Limited has City Gas Distribution (CGD) network in 649 human settlements (city, town, villages) in 19 districts of Gujarat and Union Territory of Dadra and Nagar Haveli and Thane GA (including Palghar district) of Maharashtra.
As of 2017, it has the largest customer base in gas distribution sector in India: 10,80,000 domestic households, 2,835 industrial customers, 11,900 commercial and non-commercial customers, 233 CNG stations selling more than 7,65,000 kg of CNG per day serving to more than 1,60,000 vehicles per day. It has achieved the highest total daily gas sales volume in India, up to 6.5 million cubic metre per day at standard conditions. It market capitalisation was Rs. 10,600 crore (15 May 2015).
6: INOX Leisure Ltd.
*Reco price (INR) - 377 (*price may vary)
Target Price (INR) - 464
% Upside - 23.1
INOX Leisure Limited (INOX) is amongst India’s largest multiplex chains with 147 multiplexes and 626 screens in 68 cities (as of March 2020). INOX is known for redefining movie experiences in India, each INOX property is unique with its own distinct architecture and aesthetics.[3][4][5]
INOX Leisure Ltd was given the 'Technology Adopter of the Year' Award by Big Cine Expo 2016.
With a view to consolidate its position in the multiplex industry, the company acquired 17,565,288 equity shares of Fame Cinemas in February 2010. As required under Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, the company made an open offer to the shareholders of Fame Cinemas which was open from 16 December 2010 to 4 January 2011.
The company acquired a further 1,075 equity shares of Fame Cinemas in the open offer. Subsequent to the completion of the open offer formalities on 6 January 2011, the company holds 17,566,363 equity shares of Fame, representing 50.27% of the issued and paid-up capital of Fame.
Consequently, Fame and its subsidiaries Fame Motion Pictures Limited (formerly known as Shringar Films Limited) and Big Pictures Hospitality Services Private Limited have become subsidiaries of the company with effect from 6 January 2011. In September 2013, Fame Cinemas was re-branded as INOX.
INOX acquired Satyam Cineplexes Limited by way of acquisition of 100% of the equity share capital from its existing shareholders which is valued at Rs 182 crores.
7: Larsen and Toubro Ltd.
*Reco price (INR) - 1,301 (*price may vary)
Target Price (INR) - 1,618
% Upside - 24.4
Larsen & Toubro Limited, commonly known as L&T, is an Indian technology, engineering, construction, manufacturing and financial services conglomerate, with global operations, headquartered in Mumbai, Maharashtra, India. It was founded by two Danish engineers taking refuge in India. The company has business interests in basic and heavy engineering, construction, realty, manufacturing of capital goods, information technology, and financial services. As at March 31, 2020, L&T Group comprises 118 subsidiaries, 6 associates, 25 joint-venture and 35 joint operations companies.
L&T formed a joint venture with SapuraCrest Petroleum Berhad, Malaysia for providing services to the offshore construction industry. The joint venture owns and operates the LTS 3000, a crane vessel for heavy lifting and pipe-laying.
L&T Power has set up an organisation focused on coal-based, gas-based and nuclear power projects. L&T has formed two joint ventures with Mitsubishi Heavy Industries, Japan to manufacture super critical boilers and steam turbine generators.
L&T is among the largest five fabrication companies in the world.L&T has a shipyard capable of constructing vessels of up to 150 metre long and displacement of 20,000 tons at its heavy engineering complex at Hazira, Gujarat. The shipyard constructs specialised heavy-lift ships, CNG carriers, chemical tankers, defence & para-military vessels, submarines and other role-specific vessels.
The design wing of L&T ECC is EDRC (Engineering Design and Research Centre), which provides consultancy, design, and services. It carries out the basic and detailed design for both residential and commercial projects.
8: Reliance Nippon Life Insurance Management Ltd.
*Reco price (INR) - 342 (*price may vary)
Target Price (INR) - 419
% Upside - 22.5
Nippon Life India Asset Management Limited (NAM India) is the asset manager of Nippon India Mutual Fund (NIMF). The name of our Company was changed from 'Reliance Nippon Life Asset Management Limited' to ‘Nippon Life India Asset Management Limited’ and a fresh certificate of incorporation was issued by the Registrar of Companies, Mumbai on January 13, 2020. Reliance Capital Limited and Nippon Life Insurance Company are the promoters of NAM India and currently hold 75.92% of its total issued and paid-up equity share capital. Equity Shares of NAM India are listed on BSE Limited and National Stock Exchange of India Limited.
Reliance Capital Limited is one of India’s leading and fastest growing, RBI registered Non-Banking Finance Company (NBFC). and has its business interests in Asset Management, Life Insurance, General Insurance, Private Equity, Proprietary Investments, Stock Broking, & other activities in the Financial Services Sector.
9: Tech Mahindra Ltd.
*Reco price (INR) - 772 (*price may vary)
Target Price (INR) - 939
% Upside - 21.6
Tech MahindraLimited, is Indian multinational technology company subsidiary of the Mahindra Group, providing information technology (IT) services and business process outsourcing (BPO) to companies in various vertical and horizontal markets. Anand Mahindra is the Chairman of Tech Mahindra, which is headquartered in Pune and has its registered office in Mumbai.
As of April 2020, Tech Mahindra is a US$5.2 billion company with 125,236 employees across 90 countries. The company was ranked #5 in India's IT firms and overall #111 in Fortune India 500 list for 2012.On 25 June 2013, Tech Mahindra announced the completion of a merger with Mahindra Satyam. Tech Mahindra has 973 active clients as of April 2020.
10: Ramco Cement Ltd.
*Reco price (INR) - 751 (*price may vary)Target Price (INR) - 902% Upside - 20.1
The Ramco Cements Limited (formerly Madras Cements Limited) is a company of the Ramco Group, a business group based in Chennai, India. The company also produces ready mix concrete and dry mortar products and operates wind farms.
The main product of the company is Portland cement, manufactured in eight production facilities that includes Integrated Cement plants and Grinding units with a current total production capacity of 16.45 MTPA (out of which Satellite Grinding units capacity alone is 4 MTPA).
It manufactures and markets Portland cement, blast furnace slag cement, white cement and Pozzolana cement.
Hey...Great information thanks for sharing such a valuable information
ReplyDeleteCrompton Greaves Consumer Electricals Ltd
Crompton Greaves
Nice post ! I am very interesting to read your blog content.Thanks for sharing.you may also check our blog
ReplyDeleteSurya Roshni shares
Indian Oil Corporation
Bharat Gas Resources