InvestorQ : Based on current market conditions, suggest stocks to invest.
Rashi Mehra made post

Based on current market conditions, suggest stocks to invest.

Answer
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Roshni Hegde answered.
11 months ago



Below are a few recommended stocks that may help you with good earnings in the current market conditions: 

UltraTech cement- I find UltraTech cement with strongest operating profit company in the industry. One of the highlights of this company is the cut in debt by Rs 1,022 crore in the previous quarter. It has joined hands with Hindalco and will welcome new technology to reduce freight costs.

HDFC AMC -This is my second stock under recommendations as it stands second-largest mutual fund company in the country. The Total Market Cap is almost Rs 32,000 crore, As on June, AUM sums up to Rs 3.56 lakh crore.

JK Paper- JK Paper has been recognized as the second-largest paper company in India. The first-quarter report has shown a significant improvement in 9.5% in the margin. Currently, the company is working on a project worth Rs 2,100 crore in Gujarat, India.

Bajaj Finance Ltd. - the stocks of this company overtook the country's largest lender in the sector, State Bank of India. Bajaj Finance Ltd. is now ranked as fifth-best BFSI (Banking, Financial Services and Insurance). The total Cap of the company stood at 2.32 lakh crore.