7 Top Stocks in India 2021
The Top 7 stocks in India 2021 are the stocks of companies that scaling up a business or appreciating tailwind in their respective sectors will keep going to rise and the stock prices will follow the same. Here we are talking about the top 7 stocks in India that can keep performing in 2021 and worth exploring.
Mahindra & Mahindra Ltd.
This M&M Limited company is involved in the marketing and manufacturing of light commercial vehicles, utility vehicles, and tractors. Moreover, they also make three-wheelers. Mahindra & Mahindra Ltd. Has three large segments – 30% passenger vehicles, 35% Commercial vehicles with rickshaws, and 35% tractors. The main brands comprise Bolero, Champion, Scorpio, and many more. Mahindra has a 40%+ market share in the segment of tractors. It also has a stake in Tech Mahindra and Mahindra & Mahindra services of finance that are long-term compounders.
HCL Technologies Ltd.
HCL is an assorted services provider of BPO/IT, whereas primarily, focused on ‘Transformational Outsourcing’. HCL operates in various sections of IT services for large to mid-sized corporates in Europe and the USA. Indian IT Services proceed to stay relatively cost-efficient for Outsourcing of Global. HCL has been able to see maintained growth in the enterprise. For the last 3 years, its sales progress is 14% CAGR and earnings increase of 10% CAGR.
Cipla is the chief in generic respiratory inhalers and drugs. After the corona pandemic, Cipla got a major increase in the market. Together with fresh liftoffs in the US and value expansion in India. Cipla can have a very great boost over the next 2 years. Domestic and international business of Cipla has robust profitability in approx. 20%+ and ROE is greater than 25%. For the last 3 years earning improvement was 15% CAGR and it is expected to maintain in the same range over the next 3 year.
Bharat Electronics Ltd. (BEL)
Bharat Electronics Ltd. (BEL) is the largest defense electronics equipment manufacturer, with a 60% share in defense electronics. The company is the main beneficiary of the Indian govt.’s growing thrust on the replacement and modernization of military hardware in the nation. Bharat Electronics has an order book to the size of 52000 Cr which is 4 times TTM sales. The management had guided for a 10-12% CAGR rise and a stable margin bodes well for the prospects of the company.
Coromandel International Ltd.
Corona del is part of the Murugappa group, which is the second-biggest performer in the phosphatic fertilizer business in India with a market share of approx 17%. CIL is the market leader in Andhra Pradesh and Telangana – India’s biggest network – fertilizer market. Currently, the business is enhancing the sale of non-subsidy-based products, with the protection of crops, and specialty nutrients. With the rise in govt. Soebf and good monsoon, rural harvest, and demand are likely to be powerful.
Dixon Technologies (India) Ltd.
Dixon Technologies is the main player in the Indian EMS industry. It is expected to rise exponentially led by a focus on “Atmanirbhar Bharat”, govt. Ambitions, and china +1. The business has a presence in several segments such as LED TVs, Washing Machines, Phones, LED Products, Laptops, Medical Electronics, security systems, and STBs are in the pipeline.
Persistent Systems Ltd.
This is a diversified IT services provider. Persistent systems operate in various areas of IT services for large to midsized corporates in the US and Europe. Indian IT services maintain to remain very cost-efficient for worldwide outsourcing. Persistent Systems have been able to check out sustained ruse in the enterprise due to new annuity deals, alliance with large IT players for e.g IBM and Salesforce, and fixed-price contracts.