Shares

Top 10 Best Shares to Buy in India To Get Quick Rich

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When it comes to investing, the best shares are ones you can understand — and buy at a good price.

Fortunately, there are plenty of companies that fit the bill. Some are household names with decades-long track records of success. Others might be less well known but still offer excellent value for money.

We have a list of the top 10 best shares to buy in the Indian market. These are the companies that have been performing well in the past few months and are likely to do so in the future as well.

1) Hero MotoCorp: The company has been doing well over the last year, and should continue doing so in the future as well. The company has been growing at a steady pace, with revenues increasing by around 15%. The company is expected to grow by 16% this year as well, which should help boost its share price as well. Hero MotoCorp shares were trading 2% higher at Rs 4,736 on the Bombay Stock Exchange (BSE) on Friday. The stock has slipped 6% this year and is down almost 21% over the past 12 months.

2) Larsen & Toubro: This company has been performing very well in recent years, and is expected to continue doing so in 2019 as well. The company is expected to grow by around 13% this year and another 13% next year as well, which will help it increase its share price over time as well. The company’s share price has underperformed the broader market for the past month till August 20, 2019. Over the past year, Larsen & Toubro shares have generated a return of 13.3%, against a 9% return from the Sensex and a 4.3% return from its sector engineering services (INDEXNSEENG).

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3) HDFC Bank: This bank has been doing very well over the last few years, with revenues increasing by around 20% every year since 2014 and profits growing even faster than that with increases of nearly 40% each year since then as well! This trend should continue into 2019 as well, which should help boost its share price

4) Reliance Industries Ltd:

Reliance Industries Limited (RIL), is an Indian conglomerate holding company headquartered in Mumbai, Maharashtra, India. It was founded by Dhirubhai H. Ambani in 1966. RIL is ranked 215th on the Fortune Global 500 list of largest companies in the world as of 2016.[2] It has interests primarily in petroleum, petrochemicals, natural gas, fiber optic telecommunications, retail, and power generation; it also owns India’s most profitable private telecom service provider – Reliance Jio Infocomm Ltd.[3] RIC has a market capitalization of $55 billion (Rs 3 lakh crore) making it India’s largest company by market value.[4]

5) Nifty Midcap 100

Nifty Midcap 100 is a midcap index fund that tracks the performance of 100 stocks in the mid-cap segment. The fund invests in stocks across sectors and companies with market capitalization between Rs 2,000 crore and Rs 2 trillion.

This fund is suitable for investors who want to invest in mid-cap companies as it has a low expense ratio of 0.35%. The returns for this fund have been volatile over the years but on average, it has given annualized returns of 17% over the past five years.

6) SBI

State Bank of India (SBI) is an Indian multinational banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. SBI was ranked No. 53rd among Top 100 Global Banks in 2016 by The Banker magazine and No. 4 among Top 100 Asian Banks by Bloomberg Markets Magazine in 2014. In addition to that, it was also named as one of 25 global icons of new world order by The Banker magazine in 2017 for being “the most innovative bank in the world”.

7) Tata Motors Limited

Tata Motors Limited (TML) is an automobile manufacturing company based in Mumbai, Maharashtra, India. It manufactures commercial vehicles under the brand name “Tata Truck” and passenger vehicles under various brands such as Jaguar Land Rover (JLR), Tata Nano, Tata Indigo, Tata Sumo, etc., TML also manufactures trucks, buses, and engines at its JV with Fiat called FNMTF; which was formed in March 2012 with an initial paid

8) Sun Pharma

Sun Pharma Advanced Research Company Limited (SPARC) is a dedicated R&D unit of Sun Pharma. It was established in the year 2010 and is located in Pune, India. SPARC is a leading manufacturer of APIs, and active pharmaceutical ingredients, which are used in various formulations that help to treat various diseases. The company has been approved by WHO-GMP and has achieved many certifications such as ISO 9001:2008 Quality Management System and ISO 14001:2004 Environment Management System.

9) ICICI Prudential Life Insurance Company Limited (IPLTF)

ICICI Prudential Life Insurance Company Limited (IPLTF) is part of the ICICI Group. The company was established in 1999 and is involved in the business of life insurance. It provides protection against financial risks like death, disability, and old age.

The company offers its services through its network of more than 700 branches and offices across India. It has a staff strength of approximately 10,000 employees who work together to deliver high-quality customer service.

IPLTF is listed on the Bombay Stock Exchange (BSE), where it trades under the ticker symbol IPLTF. The company’s shares are also listed on the National Stock Exchange (NSE), where they trade under the ticker symbol IPLTFCONSUMER.

10) Maruti Suzuki

Maruti Suzuki shares have been trading in the range of Rs.9900-10500 since April 2015. The stock has been trading in a range of Rs.15,000-19,000 since January 2014.

The market capitalization of Maruti Suzuki is Rs.1,20,858 crore as of 30th September 2016. The share price of Maruti Suzuki closed at Rs.10,766 on 30th September 2016 which was an increase of 0.62% over the previous closing price of Rs.10,726 on 29th September 2016 and was an increase of 1.46% from the previous day’s close of Rs.10688 on 29th September 2016