Best Stock To Buy in India For Long Term

Updated on 02-March-2024

Best Stocks List

SLNAMESYMBOLMarket Cap.Price52W High52W High Date52W Low52W Low DateP/E
1JIO Financial Services Ltd.JIOFIN26.95208,959.47328.90348.0026-Feb-24202.8025-Aug-23
2Tata Steel Ltd.TATASTEEL67.77193,613.07155.35150.6501-Mar-24101.5524-Mar-23
3Steel Authority Of India Ltd.SAIL52.4357,083.85138.20150.0007-Feb-2477.6031-Mar-2318.41
4Swan Energy Ltd.SWANENERGY22.1519,292.33731.00782.2527-Feb-24192.6528-Mar-2335.17
5Indian Renewable Energy Development Agency Ltd.IREDA73.5143,165.49160.60214.8006-Feb-2450.0029-Nov-2331.89
6Tata Motors Ltd.TATAMOTORS30.13362,132.44989.00980.4001-Mar-24400.4528-Mar-2317.42
7National Aluminium Company Ltd.NATIONALUM49.7130,480.66165.90169.3016-Feb-2475.7029-Mar-2320.51
8Indian Energy Exchange Ltd.IEX65.7413,476.24151.55173.3501-Jan-24116.009-Jun-2339.51
9Jaiprakash Associates Ltd.JPASSOCIAT41.594,710.1919.8027.1509-Feb-246.5527-Mar-23
10HDFC Bank Ltd.HDFCBANK1,086,919.251430.951757.5003-Jul-231363.5514-Feb-2416.03
11Canara BankCANBK106,471.29586.90598.8023-Feb-24272.3524-Mar-237.26
12Jamna Auto Industries Ltd.JAMNAAUTO64.265,416.57135.80135.3506-Feb-2494.4028-Mar-2326.78
13Reliance Industries Ltd.RELIANCE39.132,016,817.142980.953000.0001-Mar-242180.0020-Mar-2328.83
14Yes Bank Ltd.YESBANK72,778.2125.3032.8509-Feb-2414.4013-Mar-2372.29
15Hindustan Copper Ltd.HINDCOPPER40.5427,226.77284.75306.8502-Feb-2493.8516-Mar-2390.94
16Larsen & Toubro Ltd.LT53.74502,138.213652.903737.9030-Jan-242107.0013-Mar-2340.39
17State Bank Of IndiaSBIN690,497.16773.70777.5021-Feb-24501.5527-Mar-2310.82
18Zee Entertainment Enterprises Ltd.ZEEL38.1615,248.25158.75299.7012-Dec-23152.5023-Jan-24
19One97 Communications Ltd.PAYTM22.2826,206.57414.40998.3020-Oct-23318.0516-Feb-24
20Vodafone Idea Ltd.IDEA23.2271,072.5414.6018.4023-Feb-245.7031-Mar-23
21Indus Towers Ltd.INDUSTOWER52.6371,564.05265.55264.1501-Mar-24135.8020-Apr-2315.51
22Hero MotoCorp Ltd.HEROMOTOCO61.3391,524.154578.004949.0512-Feb-242246.0028-Mar-2325.35
23Aurobindo Pharma Ltd.AUROPHARMA43.9963,146.601077.701177.1030-Jan-24444.7513-Mar-2322.81
24Indian Railway Finance Corporation Ltd.IRFC69.36194,655.30148.95192.8023-Jan-2425.4028-Mar-2332.04
25Tourism Finance Corporation Of India Ltd.TFCILTD44.042,159.90239.00267.5526-Feb-2467.2028-Mar-2322.61
26Railtel Corporation Of India Ltd.RAILTEL50.4014,849.60457.00491.4528-Feb-2496.2528-Mar-2359.87
27NHPC Ltd.NHPC42.2090,957.7590.55115.8505-Feb-2438.7028-Mar-2324.46
28Havells India Ltd.HAVELLS60.1998,765.241576.001550.0028-Feb-241131.8028-Mar-2383.57
29Vedanta Ltd.VEDL63.90101,321.44272.70300.9529-May-23208.0028-Sep-2321.53
30Rail Vikas Nigam Ltd.RVNL52.8252,448.68251.55345.5023-Jan-2460.3016-Mar-2338.06
31Indian Oil Corporation Ltd.IOC52.47243,379.41172.35196.8008-Feb-2475.7528-Mar-235.05
32Bharat Heavy Electricals Ltd.BHEL28.9882,089.64235.75243.2505-Feb-2467.606-Apr-23
33ICICI Bank Ltd.ICICIBANK760,797.451083.901089.9501-Mar-24810.3016-Mar-2318.2
34Adani Ports and Special Economic Zone Ltd.ADANIPORTS29.25288,947.731336.151349.0001-Mar-24571.5528-Mar-2339.93
35Zomato Ltd.ZOMATO26.23145,269.87167.45173.5001-Mar-2449.0028-Mar-23
36Coal India Ltd.COALINDIA71.86276,429.20448.55487.6016-Feb-24207.6027-Mar-239.41
37Infosys Ltd.INFY71.03685,083.781655.201733.0006-Feb-241185.3017-Apr-2328.13
38Punjab National BankPNB138,573.56125.85132.6016-Feb-2444.4028-Mar-2318.17
39Hindustan Aeronautics Ltd.HAL61.28210,998.543155.003170.0028-Feb-241237.5523-Mar-2334.34
40Rico Auto Industries Ltd.RICOAUTO26.171,759.38130.05123.9001-Mar-2462.9527-Mar-2339.45
41Tata Power Company Ltd.TATAPOWER33.32121,167.30379.20412.9009-Feb-24182.3528-Mar-2333.88
42ITC Ltd.ITC67.34514,198.49412.00499.7024-Jul-23369.6517-Mar-2325.08
43JSW Steel Ltd.JSWSTEEL45.84205,559.58844.00895.7528-Dec-23649.0516-Mar-2318.29
44Jindal Steel & Power Ltd.JINDALSTEL46.4384,110.71836.90825.0001-Mar-24503.0025-May-2315.45
45Adani Enterprises Ltd.ADANIENT34.26379,905.333332.503346.0001-Mar-241407.902-Mar-23108.15
46Voltas Ltd.VOLTAS42.2336,728.201110.001133.5028-Feb-24745.0014-Jul-23131.91
47Indiabulls Housing Finance Ltd.IBULHSGFIN46.7811,784.43192.00208.9023-Feb-2461.2029-Mar-238.59
48Granules India Ltd.GRANULES58.7411,270.15465.00480.4526-Feb-24267.7529-Mar-2328.5
49GMR Airports Infrastructure Ltd.GMRINFRA30.9951,899.4785.9094.3520-Feb-2437.2028-Mar-23
50Data Patterns (India) Ltd.DATAPATTNS58.4115,653.402796.052699.9001-Mar-241260.0014-Mar-2392.47
51Patanjali Foods Ltd.PATANJALI56.5058,027.771603.001713.8009-Jan-24853.5020-Mar-2370.56
52CG Power and Industrial Solutions Ltd.CGPOWER54.4372,241.29473.00503.4523-Nov-23276.6520-Mar-2344.62
53Action Construction Equipment Ltd.ACE47.1317,725.891489.401478.0001-Mar-24353.002-Mar-2363.95
54Triveni Turbine Ltd.TRITURBINE68.6216,326.25515.10504.9001-Mar-24291.3521-Mar-2365.94
55Life Insurance Corporation of IndiaLICI35.90654,384.281034.601175.0009-Feb-24530.0529-Mar-2316.23
56SJVN Ltd.SJVN42.7847,550.52121.00170.5005-Feb-2430.4027-Mar-2356.43
57Indiabulls Real Estate Ltd.IBREALEST22.296,568.65121.40128.6526-Feb-2445.9029-Mar-23
58Housing & Urban Development Corporation Ltd.HUDCO50.1639,217.22195.15226.4502-Feb-2440.4029-Mar-2319.01
59Bajaj Finance Ltd.BAJFINANCE70.99406,941.166588.008192.0006-Oct-235485.7020-Mar-2329.11
60RBL Bank Ltd.RBLBANK16,324.13270.00300.7011-Jan-24131.6020-Mar-2313.75
61Hindalco Industries Ltd.HINDALCO48.47117,177.63523.90620.5001-Jan-24381.0020-Mar-2312.41
62Kalyan Jewellers India Ltd.KALYANKJIL47.2242,330.37410.00409.7001-Mar-24100.9527-Apr-2379.72
63Samvardhana Motherson International Ltd.MOTHERSON36.4281,215.40119.85123.4012-Feb-2461.8028-Mar-2340.49
64NMDC Ltd.NMDC89.0168,781.32234.70252.4015-Feb-24103.7519-May-2310.69
65Power Finance Corporation Ltd.PFC57.65137,119.24415.50477.8008-Feb-24116.3228-Mar-237.29
66Kotak Mahindra Bank Ltd.KOTAKBANK342,568.441724.802064.4031-May-231643.5014-Mar-2319.65
67Bharat Electronics Ltd.BEL63.27150,800.76206.30209.0028-Feb-2489.6516-Mar-2342.23
68Astral Ltd.ASTRAL64.8456,599.692107.002134.5527-Feb-241297.8028-Mar-2399.24
69Zen Technologies Ltd.ZENTEC58.457,961.22954.55911.4017-Aug-23256.9013-Mar-2370.43
70Max Healthcare Institute Ltd.MAXHEALTH38.2775,178.11773.55910.0013-Feb-24411.906-Apr-2371.37
71HFCL Ltd.HFCL51.5015,563.07108.25117.8027-Feb-2455.7528-Mar-2351.74
72Ambuja Cements Ltd.AMBUJACEM51.06122,901.56618.95620.0001-Mar-24340.8014-Mar-2341.99
73DLF Ltd.DLF39.09228,273.18922.20919.9528-Feb-24336.5014-Mar-2396.01
74Tech Mahindra Ltd.TECHM50.34124,209.561271.901416.3023-Jan-24981.0528-Apr-2340.06
75JSW Infrastructure LtdJSWINFRA53,152.84260.10276.2026-Feb-24142.203-Oct-23

Top Stock Filters

Small cap stocks trading at a price range below Rs.100. There stocks of fundamentally strong buy small companies. 

Stocks that have given stellar returns in the past. Our algorithm filters top such stocks for you. 

The are a few fastest-growing stocks that have grown their earnings and market cap at a very fast pace. 

The algorithm filters such companies that are using their resources/capital most effectively.

Here is a list of those companies that have paid consistently dividends in the last many years with a high yield.

Stock of large and established companies that are also doing good business are filtered using the Stock Engine’s algorithm.

Stocks trading at a discount to their estimated intrinsic value are filtered here. 

These are such stocks that show good numbers when it comes to revenue, profit, profitability, growth, etc. 

Had Warren Buffett been an Indian, which stocks from the Indian stock market would have attracted his attention?

These are companies that enjoy pole positions within their industries. Either they are solo operators or their peers are not strong enough. 

One of the quick ways to identify undervalued stocks is through the use of the PE ratio. Which are quality meaning stocks are currently trading at low PE multiples?

Stock Analysis

Stock Engine

Use this unique tool to do a deep fundamental analysis of over 1,300 number Indian stocks. 

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FAQs on Best Stocks

These are simple concepts that can help one to get a head start in learning to pick the best stocks for investing. 

Look for companies with a strong balance sheet and a history of profitability. The company must be from industries that are growing or have the potential to grow in the future. Make sure the company has a strong management team with a proven track record. Never overpay to buy stocks.

Don’t buy a stock just because it’s going up in price. Do your research and make sure the stock is a good long-term investment. Never ignore diversifying your portfolio. Spread your money across different stocks and industries to reduce your risk. Investing in stocks with a narrow time horizon is a big mistake. Always invest with at least 5-7 years of perspective.

Check the market position of the company; industry leaders or potential disruptors are good picks. Understand the business by analyzing products and services, seeking companies with innovative solutions. Analyze financial health by examining income statements, balance sheets, and cash flow statements over three to five years.
Valuing a company is crucial to determine the fair price of its stock. Basic valuation methods like Price-to-Earnings (P/E) ratio and Discounted Cash Flow (DCF) help in assessing stock value. It’s essential to avoid overpaying for a stock, considering market sentiment and economic conditions. Applying a margin of safety is recommended.

Ready to Do Stock Analysis?

To do stock analysis, one needs three basic resources, stock data, an algorithm that can comprehend this data, and a clear reporting format. Our Stock Engine can do these jobs for you.