TOP 5 BEST STOCKS IN INDIA FOR LONG TERM HOLD

         TOP 5 BEST STOCKS IN INDIA 2024 

                FOR LONG TERM HOLD

Introduction• 

Today we are talking about Top 5 Best stocks In Indian Market to Invest for Long Term In 2024. These Stocks will be chosen to the base on his Past Performance. Investing in The Stock market can be one of the good decision for Your Future . In this  Blog we'll discuss what is long Term Investment, How Long term investment become you wealthy,How to Choose Stock For Long- Term Holding, Top 5 Best Stocks in India 2024 .

WHAT IS LONG- TERM INVESTMENT?

Investing in stock for long term in year as 3/5/ or it can be different for every investor . If you are looking for a good stocks to invest then Fundamental, Financials, Management and efficiency play a very Important role if you are selecting and Stocks in Your Portfololio. 

The stocks we are talking about his Past Performance is really good and it can grow up your wealth in Future and it can give you really good compounding benefits in future. Let's see the Top 5 Best Stocks in India 2024 but before that we will understand the basics of Long Term Investment.

WHY ARE LONG- TERM INVESTMENT IN STOCKS GOOD?

Long term investment in stocks good for many reasons but here are some of the key reasons.

COMPOUNDING •  There is so many benefits of Long-Term Investment but compounding benefits is one of the most important thing in long - term investment . Compounding is process of reinvesting of the return to earn even more returns.

LOWER RISK • Investing in Stocks for Long -Term can help you to low risk as compared to short term investment Long term investment is really safe. Short term investment is really volatile and fluctuations of market . In long-term investing you have time to major the ups and downs of Market.

HGHER RETURN • If we look in past to stocks they  provide higher return then any FD, Bonds or Real estate by investing in stocks for long term you can potentially earn higher return and a really good wealth. 

HOW DO LONG TERM INVESTMENT HELP YOU BECOME WEALTHY?

In the past some year every Index of Indian Market Grown Up with the decade of 15% if you are in the  Indian stock market for Long Term then you can definitely earn higher return. These Money can be used for your financial freedom like buying a Home, buying a Car or any other financial goal you can achieve easily. 

HOW DO LONG- TERM INVESTMENT WORK?

Long- Term investment work usually for long time to grow your wealth. It's give you more financial freedom after your retirement. It's give you compounded return of your amount.

HOW TO CHOOSE  STOCKS LONG- TERM INVESTMENT IN INDIA 2024

When You are picking the best stocks in Indian market for Long Term then there is so many key factors you Should be keep in mind.

FUNDAMENTAL • The most important thing if you are selecting a share for your portfolio that is Fundamental of that company how he performed in Last Some Financial year. What is his MARKET CAPITALISATION, ROI, PE RATIO, DEBT TO EQUITY, check the profit of that share how he performed quarterly and yearly how many percent of ROI he generate in his last some year. Check how many percent promoter take hold  if promoter holding the share then there is lots of chance to grow a share.

PAST PERFORMANCE • The past performance of a share can be also considered as his success you can check the record of his some last financial year. If any Share past performance is good it's doesn't mean that share can also perform good in future.

MARKET TREND • Before Investing in any stocks you need to check the market trend if market and Index is Going down then there is lots of possibilities to a share can go down always keep the market trend in your mind before investing any Particular stocks .

TOP 5 BEST STOCK IN INDIA FOR LONG TERM HOLDING

1•  WIPRO = Wipro is one of the most profitable company in Last some financial year. Market capitalisation of Wipro is ₹2,87,050 crore and the ROE is 14.43% PE RATIO 24.45 and 72.80% is promoter holded it's share 9.59% FII 8.9% Retailer and 4.56% DII and 4.15% Mutual fund hold the share of this Company. Current Price of this share is 548.65 Rupees and it's touches 739 Rupees of all time high it can also give good return in his next Financial year.

2• NTPC= NTPC is the thermal Power generating firm it's work for power generation in India and it's share also perform really good in past some Financial year. Its market capitalisation is ₹ 4,11,866 crore and the ROE is 12.95% PE RATIO 19.24  Debt to Equity 1.48 . The promoter take 51.10% Of holding and FII 18.60% shareholder and Mutual Fund 17.46% DII 9.05% and Retailer is only 3.79% shareholder in This Great Fundamentals stock . Current Price of this Share ₹424 Rupees It's touches the high Of ₹448 Rupees it could be break it's all time high in future .

3• TITAGARH RAILSYSTEM= TITAGARH RAILSYSTEM is Private limited company in Railways. The Market capitalisation of TITAGARH RAILSYSTEM ₹16124 Crore  and ROE of this Share is 12.83% PE RATIO is 55.33   Debt To Equity RATIO is 0.07 current Price of this share is trading at ₹1197.50  . It's give 49.69% return in his past 1 Year and ₹1859 is all Time high of this Share.In future it can touch again it's all time high.

4• TATA CONSULTANCY SERVICES (TCS)= TCS is One of the most popular stock in India in last some year lots of Investor earn unlimited returns with this stock it's a multi beggar stock and a Large cap company It has a huge market capitalisation it has ₹ 14,91,321 Crore and ROE is 46.74% PE RATIO is 31.44  Debt to Equity RATIO is 0.09 Promoter is 71.77% Shareholder and FII is 12.66% DII is 6.66% Retailer is only 4.67% and Mutual funds 4.25% this stock is currently trading at ₹4123.05 Rupees and it's all time high is ₹4593 Rupees In Last one year it's give 19.49% return In future it can be touched his all time high again.

5• HCL TECHNOLOGIES =  HCL TECHNOLOGIES is one of the most returnable stock in India the Investor of this Stock earn separate return from this Stock The market capitalisation of HCL is ₹5,03,982 Crore and ROE is 24.43%  PE RATIO is 29.95 Debt to Equity RATIO is 0.08 the fundamental of share is really strong and Currently it's trading at ₹1857.70 Rupees and it's currently trading at it's all time high. It's give 48.38% Return in Last One Year.

Conclusion• All stock is fundamentally really strong and have potential to give higher return in future . These 5 Top Stocks of 2024 , Best Stocks of 2024 these Stocks provided higher return for his Investors in Past.

Final Thoughts• Choosing the right Stocks for your portfolio depend on your research and analysis do your own research before buying or selling any stocks this article is only for the educational purpose. I am not forcing any one to buy or Sell this Stock it was just my personal opinion and research .

Disclaimer • Do your own research and analysis before buying or selling any stocks. Investment in market can be risky do it at your own risk.