Now and then, small retail investors who are unaware of the equity market and who have always prioritized fixed deposits, gold, and property as their first investment vehicles wish to be associated as they hear and see benchmarks reaching and breaking new highs. Today, we are presenting bunch of stock under for investors, who can invest for the long term. We have shortlisted equities that, in our opinion, have the potential to generate favorable returns for investors and outperform the market. Those stocks are as follows:-
Company | Price | Quantity | Amount |
Vedanta | 275 | 10 | 2750 |
NTPC | 340 | 8 | 2720 |
BHEL | 225 | 10 | 2250 |
ITC | 404 | 6 | 2424 |
Coal India | 435 | 6 | 2610 |
Kellton Tech | 95 | 26 | 2470 |
Hudco | 192 | 15 | 2880 |
BEL | 188 | 12 | 2256 |
- Vedanta: Vedanta's management is astutely addressing the parent company's debt issue through debt repricing, restructuring, and demerger. A well-positioned organization spans the entire commodity cycle. The demerger has allowed for the unlocking of value through five-six discrete companies, making it simpler for investors to invest in these individual companies. The stock and narrative surrounding Vedanta's foray into a novel sector are favorable for long-term investors.
- NTPC: A public sector undertaking, whose stock price has traded off chart recently, returning investors multiple times their initial investment and the market, anticipates that this trend will continue in the future. NTPC is widely acknowledged as the preeminent power generator in India, boasting an estimated 16% of the country's total capacity and a contribution exceeding 25% to power production. India with the vision of Aatma Nirbhar, will be investing in capacity, which in turn would be increasing its demand for power. Consistent capacity expansion and a strong market position are therefore advantageous for investors with a long-term perspective.
- ITC: All investors seek buy-and-hold stocks that provide consistent dividend payments, exhibit stable earnings, and are associated with companies that offer distinctive products. Such stock provides the space for prudent investors and growth at same time. That one stock is ITC, and that stock has lost more than 14% from recent high. ITC Ltd‘s excellent performance in Dividend, potential for growth and Resilience make it a promising investment option for the long-term.
- Coal India: Coal India is the largest government-owned-coal-producer in the world and also among the top employer of India that functions through number of subsidiaries and operates across Indian states. As GDP picks and manufacturing base sees expansion, which led to an increase in power demand and Coal India's consistent volume delivery and also increased acceptability of coal as a dominant fuel mix, conclusion of increase in stock price of Coal India.
- Kellton Tech: Kellton is end-to-end IT solutions provider, strategic technology consulting, and product development services. The company serves to the variety of customers including startups, early-stage companies, enterprise companies, and Fortune 500 businesses. Recently it secured multi-year contract from India's largest insurance provider, LIC and later a contract with a state government. For LIC, the company would be implementation state-of-the-art HR tech across an extensive network of more than 4,000 locations.
- Hudco: HUDCO has been on fire since February since the Finance Minister in her budget speech mentioned scheme to assist deserving sections of the middle class living in rented houses, slums, or chawls and unauthorized colonies acquire or construct their own houses. She also mentioned that the PM Awas Yojana, which seeks to build 2 crore residences in the next five years. The announcements support the momentum and long term development in stock.
- Bharat Electronics: BEL is a public sector undertaking Navratna Company, primarily involved in manufacturing advanced electronic products for ground and aerospace applications. The company would play an important role in Making India an Atma Nirbhar in defence equipment and would benefit from its strong execution, manufacturing and R&D base.