The best to earn money in 2021:Â
The Indian stock market was badly affected by the Corona epidemic and lockdown. The stock market saw a steep decline in the last days of March. However, there was a gradual recovery after that and then the Sensex and Nifty reached all-time record levels. The market is still very high at this time. In such a situation, the question may come in the mind of the investors that should they invest in the shares now? Markets are high or low experts always recommend investing in select stocks. That is, investing in shares of a company that has growth potential can prove beneficial. Analysts at HDFC Securities believe that there are still many stocks in which to invest and make profits in 2021.
Bandhan Bank
Bandhan Bank is India’s largest MFI (Micro Finance Institution) company with more than 20% market share in India. It has more than 50 per cent market share in the East and North-East. It has a strong track record for continuously increasing its balance sheet / earnings. This is the reason why Bandhan Bank can be a good stock for investment.
Gayle
GAIL plans to expand into petrochemicals, specialty chemicals and renewables. Apart from this, it also plans to invest more than Rs 45,000 crore for the next five years to expand the national gas pipeline grid and city gas distribution network.
HPCL
HPCL plans to invest more than Rs 60,000 crore over the next five years for the construction and development of infrastructure, including important projects such as capacity expansion at its refineries, expansion of pipeline network and installation of new pipelines
Hindustan Unilever
Hindustan Unilever is a market leader in several FMCG categories and has over 7 million outlets. It is a debt-free company. The company has cash of Rs 5113 crore (as of FY 2019-20). Apart from this, the company has also recently bought GSK’s consumer business.
Infosys
Infosys achieved a record $ 3.15 billion deal in the second quarter of FY 2020-21. The company bagged 16 major deals in the second quarter of FY 2020-21. The company’s IT deal is increasing steadily. In this context, Infosys is a good bet for investment.
Nam india
NAM (Nippon Life India Asset Management) India is one of the largest asset management companies in India. The acceptance of the Nippon brand is increasing among Indian investors. NAM India is expected to increase its profits in the coming years, making it a better option.
ONGC
The recent rise in crude oil prices and expected increase therein is not fully reflected in the current valuation of ONGC. ONGC’s average capex (standalone) has been in the range of Rs 30,000 crore to Rs 32,000 crore per year. Of this, about 23-25% is spent on development drilling, 23-25% on exploration drilling, 38-40% expenditure on capital projects and 10-12% on survey, research and development, integration and joint ventures. Bank Account Closure Charge: Charges payable on closing a bank account, know how to avoid penalty
SBI
SBI is the largest bank in the country. All its segments, which include insurance, asset management, credit card and various other services, are doing quite well. The bank’s valuation is getting better with this. Therefore it is advisable to invest in SBI shares.
Sun Pharma
Sun Pharma is the largest Indian pharma company holding 8.2% share in the Indian market. The company has 31 of the top-300 brands in IPM. It is ranked number 1 in the domestic market in CNS, Cardiac, Orthopedic, Dermatology, Nephrology and Urology. In this way Sun Pharma is right to place bets.
