List of Best Stocks to Buy now in India
Pharma co. dealing with mostly Branded generics (~73% Sales), and in Cosmetic Dermatology. Torrent is the 8th largest domestic player in the IPM. Over the years it has successfully acquired domestic businesses of Elder Pharma, Unichem labs and recently Curatio.
The market cap of the company is Rs. 1,12,000 crores, despite being such a large company it recorded a sales growth of 10.5% and a PAT growth of 20.9% on a YoY basis in Q1FY25.
Apart from the size of the company, other key things that draw attention on this company making an investable company-
- Significant rise in Free Cash Flows from negative of Rs. 174 crs in 2022 to Rs. 319 crs in 2024.
- Improved Working capital days and cash conversion cycle (CCC from 74 in 2023 to 58 in 2024). Thus, improving the overall efficiency ratios.
One can buy the stock at Rs. 3,300 with a stop loss of Rs.2,915.
CAMS is a mutual funds transfer agency. It provides investor services, distributor services, and asset management companies (AMC) services. It continues to be the market leader in the alternative services space catering to 180+ fund houses. (400+ schemes across investor servicing and fund accounting services)
Services offered:
- Wealthserv: Emerging as a preferred AIF onboarding platform.
- CAMS Pay: An UPI autopay offering to expand beyond MF.
- CAMS KRA: A preferred KYC service provider to financial institutions and FinTechs.
- CAMS Rep: A single platform to service both Insurance companies & policyholders.
- Think360: By using Algos, this product is used as an alternative for credit scoring and many more.
Apart from the above new-age services its core business offerings involve other technology-based services such as dividend processing, transaction origination interface, intermediary empanelment, report generation, investor interface, settlement and reconciliation, compliance-related services, and brokerage computation.
The market cap of the company is Rs. 21,600 crores, the consolidated revenues jumped 26% and PAT by 42 YoY in Q1FY25. The stock is trading at its all-time highs and is in strong momentum.
One can buy the stock at Rs. 4,365 with a stop loss of Rs. 3,870
Himadri Specialty Chemical is primarily engaged in the manufacturing of carbon materials and chemicals. It is the No.1 coal pitch manufacturer in India and is the only company to manufacture advanced carbon material in India. It is also the largest player of Naphthalene and SNF in India.
HSCL Acquired:
- Sicona - Sicona is an innovative Australian startup specializing in high-capacity silicon anode technology for lithium-ion batteries.
- Invati Creations- Invati, has a strong focus on engineering Lithium-ion electrode materials for efficient energy storage with higher energy density and longer battery life and using groundbreaking nanotechnology biosciences to provide real-world solutions
It along with Resolution Applicant - Dalmia Bharat Refractories Limited (DBRL) participated in the corporate insolvency resolution process of Birla Tyres Limited and acquired it at Rs. 306 crores whose replacement cost is estimated to be Rs. 3,400 crores.
The market cap of the company is Rs. 23,000 crores, the revenues grew 26% and PAT by 42% YoY in Q1FY25. The ROCE & ROE stood at 19% and 16% respectively
One can buy the stock at Rs. 475 with a stop loss of Rs. 400.
PG Electroplast Limited (PGEL) is the flagship company of PG Group. While the PG Group had started its journey in 1977, PG Electroplast was formally set up in 2003 and is a leading, diversified Indian Electronic Manufacturing Services provider. It specializes in Original Design Manufacturing (ODM), Original Equipment Manufacturing (OEM) and Plastic Injection Molding, catering to 50+ leading Indian and Global brands.
The market cap of the company is Rs. 11,200 crores, it recorded a sales growth of 95% and a PAT growth of 148% on a YoY basis in Q1FY25. The ROCE & ROE stands at 18.7% and 18.8% respectively.
One can buy the stock at Rs. 430 with a stop loss of Rs. 360.
A well penetrated FMCG player in India, reaching 9/10 households. It caters its customers under 2 brands: Colgate- Colgate Salt, whitening etc, Palmolive - Body wash.
The market cap of the company is Rs. 93,800 crores, despite being such a large company it recorded a sales growth of 13% and a PAT growth of 32% on a YoY basis. This is largely due to increasing number of premium products in the product portfolio, improving financial efficiency, and improvement in digital presence. The cash conversion cycle and working capital days are always negative and it has further improved in the FY24 to it highest ever negative values, which implies the company is working on creditors money rather than pouring its own funds. The ROCE & ROE stood at 97% & 75% respectively.
One can buy the stock at Rs. 3,450 with a stop loss of Rs. 2,930.
Easy & quick
Leave A Comment?