A well-chosen component of your investing portfolio may be stocks. Investing in a variety of firms’ stocks can help you increase your savings, shield your funds from taxes and inflation, and optimize the return on your capital. It’s critical to understand that stock market investing carries dangers. Understanding the risk/return ratio and your personal risk tolerance is helpful when making any kind of investment.
Investing is a smart method to use your funds and possibly increase your fortune. Your money might appreciate more and outpace inflation if you make wise investments. The strength of compounding and the trade-off between risk and return account for the majority of investing’s higher growth potential.
Stocks to Keep an eye on
Here is a list of stocks that are worth watching to begin with.
| Sr.No | Stocks | Prices |
| 1. | Dixon Technologies | 8,954.00 INR |
| 2. | CMS info system Ltd | 425.00 INR |
| 3. | Goa Carbon Ltd | 858.50 INR |
| 4. | NCC Ltd | 276.70 INR |
| 5. | LIC Housing Finance Ltd | 643.00 INR |
| 6. | Jindal Stainless Ltd | 704.50 INR |
| 7. | Power Finance Corporation Ltd | 464.90 INR |
| 8. | Titagarh Rail Systems Ltd | 1,273.75 INR |
An Overview of Stocks Worthy of Your Attention
1) Dixon Technologies
Dixon Technologies is a Noida-based Indian provider of manufacturing services for electronics. For businesses including Samsung, Xiaomi, Panasonic, and Philips, it provides contract manufacturing services for televisions, washing machines, cellphones, LED bulbs, battens, downlighters, and CCTV security systems. It has 17 production facilities in India.
Since its 2017 IPO, the business has listed on the BSE and NSE.
- Dixon Technologies (India) Ltd. reported a 24.7% increase in Q4 earnings to Rs 98.5 crore.
- EBITDA increased 17.3% to Rs 183 crore, while revenue increased 52% to Rs 4658 crore.
- Margin dropped to 4%, which can have an effect on the business’s future profitability.
2) CMS Info Systems Ltd
A cash management company located in India is CMS Info Systems Ltd. The company’s operations include the supply, installation, and upkeep of cash deposit machines and automated teller machines (ATMs), as well as Cash Management services. It also provided customizing services and traded cards.
- CMS Info Systems reports Q4 net profit of Rs 91.4 crore, up 14.3%, and revenue of Rs 627 crore, up 25.1%.
- The board recommends a final dividend of Rs 3.25 per share.
- In spite of higher revenue and profit, the margin fell year over year, from 28.6% to 24.8%.
3) Goa Carbon Ltd
Calcined Petroleum Coke is produced and sold by the Indian petrochemical business Goa Carbon Limited. It is the second-largest producer of calcined petroleum coke in India and is a publicly traded firm that is listed on the National Stock Exchange and the Bombay Stock Exchange.
- In comparison to the prior year, Goa Carbon Ltd records a 77.4% increase in net profit to Rs 9.4 crore.
- EBITDA dropped by 10.3% YoY despite a drop in revenue, increasing the margin to 7.8%.
- Goa Carbon Ltd.’s good Q4 earnings report may inspire investor confidence and fuel future growth.
4) NCC Ltd
NCC has dabbled in a variety of building and infrastructure development fields. Our construction projects are divided into the following sectors: buildings, transportation, water and environment, electricity (T&D), irrigation, mining, and railroads. They are located all across the country. Every project carries the unmistakable mark of excellence.
- NCC Ltd’s revenue climbed by 31% to Rs 6485 crore, while its net profit jumped by 25.2% YoY to Rs 239.2 crore.
- Ebitda increased 18.5% from Rs 464.6 crore to Rs 550.4 crore.
- The company’s outstanding financial performance, anticipated to build investor confidence, may result in a rise in stock price.
5) LIC Hosing Finance Ltd
With its registered and corporate offices located in Mumbai, LIC Housing Finance Limited is one of the biggest providers of housing finance mortgage loans in India. One of LIC’s subsidiaries is LIC HFL.
- Net profit for LIC Housing Finance 4 is down 7.5% year over year to Rs 1091 crore.
- In the reviewed quarter, total income rose to Rs 6937 crore.
- For FY 2023–2024, the board recommended a dividend of Rs. 9 per share.
6) Jindal Stainless Ltd
It belongs to the Jindal group of OP. With an annual melt capacity of 2.9 million tonnes, the company is India’s largest manufacturer of stainless steel. Among the world’s top 5 producers of stainless steel, it was founded in 1970. Stainless Limited, Jindal.
- Jindal Stainless (JSL) reports Q4 FY24 consolidated net profit of Rs 501 crore, a 30% decrease from the previous year.
- The company’s declining nickel prices caused negative inventory valuation, which resulted in a 3% decline in revenue to Rs 9454 crore and a 10% decline in EBITDA to Rs 1035 crore.
7) Power Finance Corporation Ltd
The Ministry of Power is in charge of PFC administratively. PFC was designated as an Infrastructure Finance Company by the RBI on July 28, 2010, and was granted the designation of “Maharatna CPSE” in October 2021.
India’s emergence as a major actor in the world is greatly aided by PFC. An increasing number of nations use energy consumption as a proxy for their level of development. PFC will play a bigger role in the next years as, regrettably, a sizable portion of our country still lacks access to energy.
- Power Finance Corporation Ltd reported a 23% increase in consolidated net profit, or Rs 7556 Crore, for the quarter ending in March.
- The combined net profit increased to Rs 26,461 crore in FY23–24 from Rs 21,17 crore the year before.
- PFC’s balance sheet is currently at Rs 0.39 lakh crore, having crossed the Rs 10 lakh crore threshold in FY24.
8) Titagarh Rail Systems Ltd
A privately held rolling stock producer in India is called Titagarh Rail Systems Limited (previously known as Titagarh Wagons Limited). The company’s headquarters are in Kolkata, West Bengal, and it was founded in 1984 as a rolling stock foundry unit. The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) both allow public trading of tikagharh.
- With a 64% YoY growth in net profit, Titagarh Rail Systems reported Q4 earnings of Rs 79 crore.
- Revenue increased to Rs 1,052.4 crore, up 8% from the same time the previous year.
Conclusion
The aforementioned stocks provide investors looking for development potential with attractive prospects across a variety of industries. But before making any investing decisions, it’s crucial to think about risk, do a lot of research, and keep up with market trends. Investing in these potential firms and keeping an eye on industry developments might help investors position themselves for long-term success in the always changing finance sector.