Top 5 Indian Stocks to become a Millionaire.
Financial market is the market where we can invest our savings or incomes to make more income that is called passive income. People usually thinks that stocks, debentures and other financial assets are very risky and hard to believe that it gives good returns.
On the other hand some people think that it is a magical stick and they get a crores and trillions.
Its not like that. The right investor is the person who stand between these two thoughts. A educational one, who invest in financial market to get good returns which is higher than inflation, Bank FD's and loan interest rate. If company will grow then they get a huge returns or profit, like the owners.
Here I am suggesting you only 5 stocks that are good for your returns and dividends, but if you go with king term approach, it will provides you a chance to become a millionaire.
"BUT STICK WITH IT LONG as LONG you can"
1. Mahindra & Mahindra :
Mahindra is the most trusted indian automobile brand in India. As you notice & see that there are 70% population of india are villagers and politicians. Most of the villagers and politicians primary choice is Mahindra vehicles because there are so fit for the rough and touch roads.
Secondly Mahindra is now introducing its luxury segments too, like XUV 500,300, TUV300, Marazzo, Etc. So Demand is always be there, apart from it, Mahindra has very strong financials like their balance sheets, Ratios, P&L statement. Its EPS is perfect to invest, it is Debt free company and huge reserves in their Vault. So its a perfect company to invest and get an opportunity it become a partner of Mahindra.
Price 2002: Rs. 13. , Price 2019: Rs.600
Rate of Return : 265% p.a
| Mkt cap | 660.74B |
| P/E ratio | 11.43 |
| Div yield | 1.53% |
2. Larsen & Tourbo:
L&T is the only company in india which is 5 yrs ahead of their orders means if someone wants to give tender to L&T then they start after 5 yrs, because they already packed fir 5 years.
L&T Construction, India's largest construction organization and ranked among the world's top 30 contractors, has been over the past seven decades transforming cityscapes and landscapes with structures of immense size and grandeur. The company's capabilities span the entire gamut of construction - civil, mechanical, electrical and instrumentation engineering - and its services extend to all core sector industries and infrastructure projects.
Its financials statements are perfectly fine and great to invest in it.
Price 2002: Rs. 10, Price 2019 : Rs. 1400
Bonus & Splits shares: 6 times
Rate of return: 1200% p.a by the splits and bonus shares
| Mkt cap | 1.95T |
| P/E ratio | 21.29 |
| Div yield | 1.30% |
3. Dmart, Avenue super market:
Avenue Supermarts Ltd.,doing business as,DMartis a chain ofhypermarketsin India founded by Radhakishan Damani which very old name in Stock markets in the year 2002.As on 11th of July 2019, it had 186 stores across India in the states. Its financial reports and statement is one of the bestest financial position of all the companies. In fact It is the only Retail Brand who have their outlets on their own properties, no rental and fixed cost for Land and Building.
Its future is very brightand great. This Brand is listed in May, 2017. with the price of Rs, 613, more thandoubled the price of Issue of Rs. 299/- per share. It is still theright time toinvest in this Super Accelerated brand with handsome financial status.
Price 2017 IPO: Rs. 299, Price 2019: Rs. 1500
Rate of return: 200% p.a
| Mkt cap | 912.57B |
| P/E ratio | 102.55 |
4. Tech Mahindra:
Tech Mahindra Limitedis an Indianmultinationalsubsidiary of theMahindra Group, providinginformation technology(IT) services andbusiness process outsourcing(BPO) to companies in variousverticalandhorizontal markets.Its financial reports and statement is one of the bestest financial position of all the companies. Its futureprospect is amazing and invest brand like this will be greatopportunity to get boom results. It is the better option for getting passive income as its Dividend income is much as compare to others.
Price 2006: Rs. 135, Price 2019: Rs. 700
Splits: 2 times
Rate of return: 90% p.a with splits
| Mkt cap | 618.45B |
| P/E ratio | 13.44 |
| Div yield | 2.18% |
5. Reliance Industries Ltd:
Reliance Industries Limited is an Indian conglomerate holding company. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. AMBANI'S is the big name in business and corporateindustries. They make almost everything It provides almost every services, so chances of getting grow isalways highbecause the basic demand of the products and services is always been there and there is no furtherdown fall. Reliance industriesintroduces JIO telecom which will most profitable telecom name. Its financials are very strong as per the Investmentview and Investmentapproach will be high, Makeinvestment with Long term approach minimum of 5 years. It is one of thetrillion dollar company inIndia.
Price 2002: Rs.50/-, Price 2019: Rs. 1200
Splits & Bonus: 3 times
Rate of return: 230% p.awithsplits .
| Mkt cap | 7.56T |
| P/E ratio | 17.58 |
| Div yield | 0.54% |
See all future prospect and your internal risk capability before investing in any stocks, Always use long term approach to invest in stocks.
Every profitable brand provides you a part of profit every year in name of Dividend.
Contact for more information and suggestion.
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