Best Stocks For Long Term Investment

Today we will discuss the best stocks for long term investment. These stocks can give you a better return. Don’t miss the chance just go & invest in these stocks. These stocks are fundamentally & technically strong stocks. Let’s analyze some best stocks for long term investment.

    1.RELAXO FOOTWEARS

Relaxo Footwears Limited is an Indian multinational footwear manufacturer based in New Delhi. It is the largest footwear manufacturer in India in terms of volume and second-largest in terms of revenue.[4][5] The company makes products under 10 brands including Flite, Sparx, Bahamas and Schoolmate.

Market Cap  ₹ 23,716 Cr.

Debt  ₹ 174 Cr.

ROE  14.0 %

Sales growth  12.5 %

Promoter holding  70.8 %

Stock P/E  102

Industry PE  55.1

ROCE  18.0 %

         2.ALKYLAMINE

Incorporated in 1979 by Mr Yogesh Kothari, Alkyl Amines is a leading manufacturer of aliphatic amines in India. Aliphatic amines are products derived from Ammonia (NH3) by displacement of H2 in the Ammonia molecule by other radicals (R) such as Methyl, Ethyl and Propyl.

Market Cap  ₹ 13,531 Cr.

Debt  ₹ 23.3 Cr.

ROE  25.2 %

Sales growth  24.2 %

Promoter holding  72.0 %

Stock P/E  60.2

Industry PE  22.1

ROCE  33.0 %

       3.ULTRACEMCO

UltraTech Cement Limited is an Indian cement company based in Mumbai, and a part of Aditya Birla Group. UltraTech is the largest manufacturer of grey cement, ready-mix concrete (RMC) and white cement in India with an installed capacity of 116.75 million tonnes per annum. It is the only company in the world to have a capacity of over 100 million tonnes in a single country, outside of China.

Market Cap  ₹ 151,047 Cr.

Debt  ₹ 11,299 Cr.

ROE  15.5 %

Sales growth  17.6 %

Promoter holding  60.0 %

Stock P/E  20.6

Industry PE  17.2

Also Read | List Of Best MidCap Stocks To Buy Now In India