Best Growth Stocks for the next 10 years in India:- Investors are often advised to invest in stocks for the long term to reap the benefits of compound growth. The power of compounding is an important concept to understand to truly appreciate the benefits of long-term investing. Compounding is similar to the multiplier effect because the interest that is earned on the initial capital also earns interest, and the value of the investment grows at a multiplicative rather than an additive rate.
Companies operate with the primary goal of making a profit and strive to continuously increase this profit. However, in the process, it is the various strategies and decisions they make that shape their path to growth. This factor distinguishes good companies from bad, profitable from unprofitable. Profitable ones generate significant returns for their shareholders.
With the help of this article, we have tried to analyze the best growth stocks for the next 10 years in India.
Best Growth Stocks for the next 10 years in India
Best Growth Stocks for the next 10 years in India:-
- Caplin Point Labs
- Marico
- Avanti Feeds
- Tata Metaliks
- HCL Technologies
- Bajaj Auto Ltd.
– Caplin Point Labs:- Caplin Point is a mid-cap company in the Indian pharmaceutical sector, engaged in API manufacturing, finished formulations, R&D, clinical research, front-end generics presence in Latin America, brand marketing in Francophone Africa, and USFDA-approved injection equipment.
Caplin Point Labs includes products such as liquid injectables, lyophilized injectables, ophthalmic, tablets, oral liquid, capsules, soft gel capsules, suppositories and eggs, powder for injection, dry syrup, topical, liquid injectables, inhalers, ophthalmic preparations, IV infusions and lyophilic preparations Dermo Cosmetics.
The current share price of Caplin Point Labs is around Rs. 774. After analyzing all possible aspects of Caplin Point Labs, we can say that the share price will increase up to 15 to 20 times in the next 10 years.
– Marico:- Marico is one of India’s leading consumer products groups in the global beauty and wellness space. The company has created one of the biggest brands in India. It is one of India’s leading beauty and wellness consumer goods companies. Through freedom and opportunity, they strive to make a difference in the lives of all stakeholders, members, associates, consumers, investors and society as a whole. Currently operating in multiple countries in the emerging markets of Asia and Africa, Marico has nurtured several brands in the categories of hair care, skin care, edible oils, health nutrition, men’s care, and fabric care.
Marico includes products like Parachute Coconut Oil, Parachute Advansed, Parachute Advansed Body Lotion, Saffola, Hair & Care, Livon, Nihar Naturals, Mediker, Revive, Studio X, Kaya Youth, Parachute Advansed Coconut Creme Oil, Mediker Anti Lice Treatment, Veggie Clean, KeepSafe, Protect, True Roots, Saffola Gourmet and Set Wet.
Marico’s current stock price target is around Rs. 519.05. After analyzing all the possible aspects surrounding Marico, we can say that Marico stock price will grow up to 20 to 25 times in the next 10 years.
– Avanti Feeds:- Avanti Feeds is a leading shrimp and fish feed manufacturer and processor and exporter of shrimp from India. Avanti Feeds Limited has established a joint venture with Thai Union Frozen Products PCL., the world’s largest seafood processor and a leading shrimp and fish feed manufacturer in Thailand with integrated facilities from hatchery to shrimp and fish processing and export.
Avanti Feeds has manufacturing units at Kovvur, Vemuluru, and Bandapuram in West Godavari district, Andhra Pradesh, and Pardi in Valsad district, Gujarat, India. Avanti produces a nutritionally well-balanced and high-quality feed that consistently satisfies Indian shrimp and fish farmers right at their doorstep. The shrimp processing and export unit is located at Gopalapuram near Ravulapalem, East Godavari District Andhra Pradesh, India and is certified to HACCP, USFDA, EU, and BRC Global standards. It is also ACC certified for best aquaculture practices.
Avanti Feeds stock’s current price target is around Rs.464.95. After analyzing all the possible aspects of Avanti Feeds, we can say that Avanti Feeds stock price will grow up to 10 to 15 times over the next 10 years.
– Tata Metaliks:- Tata Metaliks is engaged in the production of foundry pig iron. The company produces and sells products such as pig iron scrap and granulated slag. Tata Metaliks offers a range of comprehensive technical services that include batch mixing and smelting, pressing and core production, spheroidal graphite (SG) iron production and development, project consultancy, pollution control, customized training, and testing facilities.
It also offers a range of by-products such as slag, which includes the production and supply of granulated blast furnace slag for cement plants; pig iron, which is used by foundries as scrap, pig iron scrap, which includes foundry machinery scrap, pig iron tread, pig iron skull, and pig iron chips and plates, and iron scrap, including low and high iron. Its products offer applications such as pressure-tight precision castings, rolling mill cylinders, engine and generator housings, automotive engine blocks, crankshafts, and gears.
Tata Metalik’s current stock price target is around Rs. 808 After analyzing all the possible aspects of Tata Metaliks we can say that Tata Metalik’s share price will grow up to 20 to 25 times in the next 10 years.
– HCL Technologies:- HCL Technologies is a leading global IT services company. Businesses across industries are at an inflection point. To thrive in the digital era, technologies such as analytics, cloud, IoT, and automation are at the center of attention. To offer enterprises the maximum benefit of these technologies to support their business objectives, HCL offers an integrated portfolio of products and services through three business units. These are IT and Business Services (ITBS), Engineering and Research and Development Services (ERS), and Products and Platforms (P&P).
ITBS enables global enterprises to transform their business through the Digital Foundation, its modernized infrastructure based on hybrid cloud, software-defined networking, digital workplace and other elements; Digital Business, a combination of its application services and consulting capabilities; and Digital Operations, a three-tiered setup for modernized and efficient enterprise-level operations. ERS offers engineering services and solutions in all aspects of product and platform development. Under P&P, HCL provides global clients with upgraded software products for their technology and industry-specific requirements.
The current price target for HCL Technologies stock is around Rs. 927 After analyzing all possible aspects of HCL Technologies, we can say that HCL Technologies stock price will grow up to 30 to 40 times in the next 10 years.
– Bajaj Auto Ltd:- Bajaj Auto is an Indian company that manufactures motorcycles, tricycles, and quadricycles. Bajaj Auto, the flagship of the Bajaj Group, is the third largest motorcycle manufacturer in the world and the largest manufacturer of three-wheelers and four-wheelers. The Bajaj brand is known in several countries in Latin America, Africa, the Middle East, South, and Southeast Asia.
Today, the company exclusively manufactures the Duke range of KTM bikes and exports them worldwide. KTM was the fastest-growing motorcycle brand in the country. It also led to the pioneering introduction of India’s first ever four-wheeler – the Qute. The company exports to several countries and exports make up a significant share of sales. This is a testament to the brand’s new image as the world’s favorite Indian.
Bajaj Auto Ltd.’s current stock target price. is around Rs. 3909. After analyzing all possible aspects surrounding Bajaj Auto Ltd. we can say that the stock price of Bajaj Auto Ltd. will grow up to 20 to 250 times in the next 10 years.
Best Growth Stocks for the next 10 years in India List
| SL. No. | Company Name | Market Cap |
|---|---|---|
| 1 | Caplin Point Labs | 6,010 Cr. |
| 2 | Marico | 67,181 Cr. |
| 3 | Avanti Feeds Ltd | 6,477 Cr. |
| 4 | Tata Metaliks Ltd | 2,549 Cr. |
| 5 | HCL Technologies Ltd | 253,321 Cr. |
| 6 | Bajaj Auto Ltd. | 111,995 Cr. |
Conclusion
In This article, we try to find out the best Growth Stocks for the next 10 years in India after analyzing the number of stocks. We listed out the Top 6 Growth Stocks for the next 10 years in India. If you have any questions regarding the above-mentioned stocks you can ask us in the comment section.
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