Top 10 Best stocks For Beginners with little money in 2024
Top 10 Best stocks For Beginners with little money in 2024
Today we will talk about 10 such stocks for small investors which can prove beneficial for their capital .This stock is for early investors in 2024.Which gives the opportunity to invest with less capital.This stock has been selected keeping in mind the financial condition and risk profile of the investors.Which provides safe and profitable portfolio to the investors.We have selected these stocks based on their stability and growth potential.
Here is a list of 10 stocks for small investors starting in 2024.
1.TATA Power
About the Company
Tata Power is the largest company in India.It is one of the first electricity generation and distribution companies in India.It comes under the energy sector.This company produces electricity through wind power, solar power and also produces energy in the renewable energy sector.
About the share
Talking about Tata Power stock, currently its share price is Rs 450.And the 52 weeks high price of the stock in CDP score is Rs 494 .And the low price of 52 weeks is Rs 246.The company has not given any bonus shares after 2018.
Expert Advice
Motiwal Oswal Financial Services recommends buying at a profit target of Rs 509.And JM Financial recommends buying this stock at a profit target of Rs 501 per share.It would be better if you remain long in the stock till now.Talking about the return on the company's shares, the shares have given a return of 94.21 percent in 3 years.
2.HDFC Bank
About the Company
HDFC Bank It is one of the largest private sector banks in India.Its headquarter is located in Mumbai, Maharashtra.It comes under the banking sector. It provides some services like savings account, current account, loan, credit card, insurance, investment service.This bank is a trusted bank by its customers .It has some branches like retail banking, corporate banking, territory operators etc.
About the share
Currently the price of this share is Rs 1752.Most of the shares of HDFC Bank see a rise.This stock has given a return of 9.81% in the last one year.Talking about the CDP score of the stock, its 52 weeks high score is Rs 1794.And the low price of 52 weeks is Rs 1363.
Expert advice
Experts about HDFC Bank stock Jefferies recommends buying the stock at the current price with a hold price of Rs 1890.And Motilal Oswal Financial Services has a buy call on this stock with a target of Rs 1850.Religare Broking says the stock may remain stable before showing a downtrend.
Therefore he recommends buying at a target of Rs 1800.This bank is performing well and is trust worthy 13 analysts have recommended buying this stock.This can be a good investment option
3.Infosys
About the Company
It is a global company It provides digital services It is located mainly in Bengaluru, India.It was founded in 1981 by Narayana Murthy and 6 engineers.This company comes in the IT sector It works on application development, cloud services, artificial intelligence in the IT sector.The company provides services in various sectors including digital transformation.It is a global company serving customers in over 50 countries.
About the stock
Talking about the shares of this company, the current price is 1827CDP score of the stock 52 week high price was Rs.1991 And the low price of 52 weeks was Rs.1358 ESP in stock expected to grow by 8.7% per annum.This stock has given a return of 1.81% in three years
Expert Advice
The city is known as Motilal Oswal Financial Services Recommend to buy this city with a profit target of Rs 2200And 5 Paisa recommends buying it with a profit target of Rs 2017.This is a strong company
4. Reliance Industries
About the Company
It is a developed group based in India It is one of the largest manufacturer of petrochemicals It was founded by Dhirubhai Ambani.
About the stock
Current stock price of Reliance Industries Limited is Rs 1283.Talking about the CDP score of the stock, its 52 weeks high price is Rs 1608.And the low price of 52 weeks is Rs 1149.This stock has given a return of 3.54 percent to investors in the last year.
Expert Advice
32 analysts have recommended buying this stock.Market analyst Naresh Morani has given buy advice on Reliance Industries Limited.
5.maruti suzuki
About the Company
This is an Indian company which is an automobile company.the car that is made These make for excellent and reliable cars.It was established in 1981 from Suzuki Motor Corporation of Japan This ranges from the best designs of cars to the choices of the customers.It manufactures cars at cheap and affordable prices.
About the stock
Current price of Maruti Suzuki Indian Limited stock is Rs. 11312Talking about the company's CDP score52 weeks high price Rs 13680.Low price of the week there is Rs 9737.It has given a return of 30 percent in the last five years.This is a great company
Expert Advice
Expert advice about this company It would be good if you stay in the stock for long term.Considering MACD Convergence Divergence then it is advised to buy at price gain of ₹13000.
6. Larsen & Toubro
About the company
Larsen & Toubro is an Indian multinational company it engineering construction manufacturing Provides industries in sectors such as technology and financial services.It was founded in Mumbai, India by two Danish engineers.It is a part of some projects like metro rail system highway airport There is a better role in projects like these.
About the stock
The current share price of the company is Rs 3650 Talking about the CDP score of the stock, the 52-week high price is Rs 3619 and the 52-week low price is Rs 2961. This company has given a return of 156.50% in the last 5 years, which in itself is a big deal for the company.
Expert Advice
About the stock, according to equity pandit.com, the stock cannot be considered strong till it trades below Rs 3300, but currently the stock is trading at Rs 3650, which is a strong indication of the stock and according to Motilal Oswal Financial Services, the stock can reach a price gain of up to Rs 4250. According to tradedelivery.com also, the stock can reach up to Rs 4238, so experts recommend buying this stock.
7. SBI Bank
About the Company
State Bank of India is the largest public sector bank in India. Its headquarter is located in Central Mumbai. It is a trusted bank and comes under the Government of India. It provides savings account, current account, credit card, loan and investment plans to its customers.
About the Stock
The current price of SBI stock is Rs 841.The stock's 52-week high price in CDP score is Rs 912 and 52-week low price is Rs 555. It has given a return of 166.17% to investors in the last 5 years.
Expert Advice
The expert's opinion about this stock is that it can go up to around ₹ 1000. I recommend buying it at the base price of ₹ 991 on trendlyne.com
8. titan company
About the company
This is a limited company called Titan. It is India's leading consumer goods company which was established by Tata Group. It mainly works in the field of watches, jewelry, glasses and other fashion accessories.
About the stock
The current price of the stock of this company is Rs 3183 and the 52 weeks high price in the stock CDP score is Rs 3886 and the 52 weeks low price is Rs 3055. The stock has given 175.17% return to investors in its last 5 years.
Expert opinion
Advice to buy this stock Motilal Oswal Financial Services advised to buy the stock of Titan Company. He advised to buy it at a price profit target of ₹ 3850.
9. Aditya Birla Capital
About the company
This is a group company. It is a financial services company. It works on various financial services like life insurance, health insurance, mutual funds, housing finance, personal loans, SME finance and wealth management etc.
About the stock
The current price of the stock is ₹201. The company's 52-week high price in CDP score is ₹246 and 52-week low price is ₹155. The company has given 114.17% return on investment in the last 5 years.
Expert advice
According to Mint, 7 analysts have advised to buy this stock. Trade lines have advised to buy this stock at a profit target of ₹299.
company ke bare mein
This is a food delivery and restaurant discovery platform. Which allows customers to order food from their nearest restaurant. It started in 2008. It is available in many countries. You can find information about different types of restaurants, their ratings, reviews and prices using Zomato
About the stock
The current price of this stock is Rs 247 and the 6-month high price in CDP score was Rs 297 and the 6-month low price was Rs 172. The last 5 years return of 121% was given to investors
Expert advice
About this stock Motilal Oswal Financial Services should join Zomato with a profit target of ₹ 330. Choice Broking advised to buy at ₹ 300. And Anand Rathi Stock and Stock Broking and Regular Broking advised to buy till the price gain of 280 to 320 rupees
Important Tips
(i) Always research any company extensively while investing
(ii) Take a long term view as volatility is normal in equities
(iii) Investing through demat account and SIP can be a good strategy through which you can invest in small amounts
These stocks can help you build a stable portfolio with a small amount but do evaluate your financial position and risk profile before investing
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