Best Quality Stocks trading in the range of ₹500 to invest | Best Portfolio Stocks
1. FDC Limited
FDC Ltd is a pharma company which produces Electral Powder and various other popular brands. They are generating 20% of their revenues from Opthalmology segment, we can see it as big positive for this company. Current scenarios like everyone addicting to the screens of Mobile, Laptop and TVs etc will be greatly helpful to grow the company. The company has strong presence in Indian Pharma Market. If you look at return ratios ROCE is 23.8%, ROE is 18,4% and trading at 21 P/E multiple. Currently stock trading around ₹350. This stock trading at attractive valuations compare to other peer pharma stocks
2. Indoco Remedies Ltd.
This company may not be that much popular no company name, But by their very popular brands you may recognise the company. The brands are Kidodent, Korval+ and Sensodent etc. This company faced some regulatory issues, due to this company financials were impacted in past. But the current scenario is different. They almost cleared their issues and successfully exporting their products to USA and UK. If you look at their current return ratios, ROCE is 16%, ROE is 12.8% and available in 0.28 debt to equity ratio. This stock currently trading at ₹340.
3. Health Care Global Ltd
HCG majorly focuses and offers treatments for Oncology and fertility related health issues. Oncology which deals with prevention and diagnosis of Cancer. Now a days Cancer is very common health issue and the modern lifestyle and working culture impacting on fertility in both men and women. These two health issues are growing gradually and they makes company profitable. In past few years company was impacted due to COVID – 19 and inefficient management. Now the management was changed it might be the good sign for the company. Their 79% of the revenues are generating from Oncology and 7% of revenues from fertility treatment. They are maintaining 45% occupancy ratio in their 1956 operating beds. If we can see increasing in occupancy ratio, that would be positive for this stock. The stock currently trading around ₹220 levels and company has little debt.
4 Xchanging Solutions Ltd
Though the past record of this company is not so great. Currently the changes happening in the company are increasing the expectations. Firstly the parent company of Xchanging Solutions has been acquired by Global Tech giant DXC Technology, so now it’s been the part of DXC. And the product developing related to insurance technology is attractive and has strong demand, it would be the positive because other IT players grown strong by developing the same. They usually offer IT outsourcing, Cloud services, Security Services, Application Development and Insurance Bpaas and BPO Services. This company is debt free and generating positive cash flows. The stock currently trading at ₹117.
5. Birlasoft Ltd
Birlasoft is an IT Service provider, they have enough product mix as we can see the same in revenue mix as they are generating 37% of revenues from integrated enterprises, 26% from digital transformation, 20% from application development and maintenance and 17% of revenues from SIP services. For every IT Company we could see hiring of employees as positive, Birlasoft is doing the same because they are expecting the future growth in the company. If you look at their return ratios they are generating 13.2% of ROCE and 11.9% of ROE. Birlasoft is a debt free company and currently trading around ₹400.
6. Nocil Ltd
This company has 40% market share in rubber chemicals which would be used by tyre manufacturers. As global tyre companies following China + 1 strategy, this company may get benefited. The management of Nocil already doing expansion by anticipating this demand. Previously this company effected by Chinese companies and auto sector fall, once demand pickup this company may get benefited. If you look at their return ratios they are generating 8.59% of ROCE, 7.07% of ROE. It’s a debt free company and trading around ₹220.
Also have a look at below mentioned stocks as they all are debt free and cash generating companies. You can consider them for long term portfolio.
7. Sona Comstar –
trading around ₹420 (EV Segment)
8. Gulshan Polyols –
trading around ₹200 (Ethanol Stock)
9. Goldium international –
trading around ₹133 (Lab Grown Diamonds Business)
10. Chola Fin –
trading around ₹475 (NBFC)
11. Marico Ltd –
trading around ₹547 (FMCG)
Disclaimer : Above stocks mentioned are purely based on my opinion. Before investing do your own research else take a suggestion from your Financial Advisor.