Top 4 Stocks To Invest Now
Right now the Indian stock market is at extreme valuations with a PE ratio of 40 which is extremely high as compared to past PE which is around 20. In this peak valuations we must be very careful while choosing the stock to invest.
Here are the few which are still a good bet at the present valuations.
1) Spice jet
Spice jet share price is trading at rupees 72 which is 60% low from it's all time high this year and more over only 50 percent low from it's all time low which is around 50 at the time of covid-19. The main concern for Spice jet is reentry of Air India which was bought by Tata group. Even though spice jet is a good bet .
2)M&M FINANCE
This Diwali season will must boost the auto sales which will also help the M&M finance to grow its business. Good recovery is seen in this company so for short term investors can have a look toward this which is driving towards its pre covid-19 situation. At present price it is good to consider.
3) Symphony
One of the best cooler company in India. This is a good bet at present value. There is a good chance of 50% upward move in the coming months in this stock.
4)HCL Tech
This technology giant showed good results . It even believed that this will continue for next quarter to . Compared to TCS and Infosys this is way more attractive bet.
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