Understanding the Market
Investing in stocks can be a lucrative venture, especially when you’re looking to make money fast. In 2017, India’s stock market offered several opportunities for investors to capitalize on. To help you navigate through the myriad of options, here’s a detailed look at some of the best stocks that were poised to make money fast in India during that year.
Top Performing Stocks in 2017
Identifying the best stocks to invest in requires a keen eye for market trends and a thorough understanding of individual company performances. In 2017, several stocks emerged as top performers in India. Let’s take a closer look at some of them:
Stock Name | Industry | Market Capitalization (in billion INR) | Return on Investment (ROI) |
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Reliance Industries Ltd. | Energy | 11.5 | 30% |
Tata Consultancy Services Ltd. | IT Services | 10.2 | 25% |
Infosys Ltd. | IT Services | 9.8 | 20% |
Maruti Suzuki India Ltd. | Automotive | 6.5 | 18% |
ICICI Bank Ltd. | Banks | 5.2 | 15% |
Factors to Consider
When selecting stocks to invest in, it’s crucial to consider various factors that can impact their performance. Here are some key aspects to keep in mind:
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Market Capitalization: This indicates the size of a company and its potential for growth. Larger companies often have more stable performances.
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Industry Performance: Understanding the performance of the industry in which a company operates can provide insights into its future prospects.
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Financial Health: Analyzing a company’s financial statements, such as its income statement, balance sheet, and cash flow statement, can help assess its financial stability and growth potential.
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Management and Leadership: The quality of a company’s management team can significantly impact its performance.
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Dividends: Companies that pay dividends can provide investors with a steady stream of income.
Reliance Industries Ltd.
Reliance Industries Ltd. (RIL) was one of the top-performing stocks in India in 2017. The company’s diversified business portfolio, which includes energy, retail, and telecommunications, contributed to its impressive growth. RIL’s market capitalization stood at 11.5 billion INR, and it offered an ROI of 30% during that year.
Tata Consultancy Services Ltd.
Tata Consultancy Services Ltd. (TCS) is a leading IT services provider in India. The company’s strong focus on innovation and customer satisfaction has helped it maintain a competitive edge in the industry. With a market capitalization of 10.2 billion INR and an ROI of 25% in 2017, TCS was a solid investment choice.
Infosys Ltd.
Infosys Ltd. is another prominent IT services company in India. The company has a strong track record of delivering high-quality services to its clients. In 2017, Infosys had a market capitalization of 9.8 billion INR and offered an ROI of 20%.
Maruti Suzuki India Ltd.
Maruti Suzuki India Ltd. is the largest car manufacturer in India. The company’s strong presence in the domestic market and its expansion into international markets have contributed to its growth. In 2017, Maruti Suzuki had a market capitalization of 6.5 billion INR and offered an ROI of 18%.