We hv conducted a survey in our groups asking members to suggest 1 stock which they r willing to hold for next 10-15 yrs
Based on d maximum votes received v hv compiled a list of top 25 stocks wch not only can stand rock solid but can handle market volatility in any โsituation
Top 5 stocks in order of highest no of votes ๐๐
Idea for conducting this survey is to help people identify stocks which can create tremendous big returns over a longer time frame
#LTTS ๐ tops the list with a wide Margins of Votes
Most of d grp members believe in L&T trio IT stocks. D prosperity of grp members is directly linked to performance of these trio stocks.
IT sector, which has been performing well ovr d yrs, has been going thru a rough patch for d past few months.
#TataElxsi entering 2nd half of FY23 with strong order book,healthy deal pipeline across key markets n industry, n customer confidence in d work they do
Importantly,Co is investing in both capacity n capability 2 strengthen their ability 2 win,manage n grow customers n business
#TataElxsi seeing good traction in
automotive business led by EV and ADAS capabilities.
Media and Communication business did witness some deferment of platform deals and some large service deals. But Co is well positioned to win these in the coming quarters.
#TataElxsi hv a net addition of 1532 employees which is d highest no. being ever added in a quarter
And to support that, Co hv also expanded their facilities in existing locations n added new
locations to diversify their talent base.
#Rajratan is the sole supplier of bead wire to some of the leading companies in the tyre industry and expects to further improve its market share in the Indian market.
#RajratanGlobalWire, one of the largest manufacturers of bead wire in India, is a tyre auxiliary that makes bead wire that is a vital component for the production of tyres.
Based in Pithampur near Indore in MP, #Rajratan manuf. facility in India has a production capacity of 72,000 TPA. It also owns another unit in Thailand, with a production capacity of 40,000 TPA. The company is set to expand its bead wire capacity in Thailand to 60,000 TPA.
#SJS_Enterprises announced its plans to grow at a CAGR of around 25% organically for FY23-25 period and said its inorganic growth would boost the growth further.
SJS said its current order book that will be executed in FY23 is around 80-85 per cent of FY23 forecasted revenue.
The strong moat, margin profile and expected operating leverage will drive PAT growth of around 30 per cent YoY going ahead for #SJSENTERPRISES
Vinyl Chemicals, a Parekh Group Company, was promoted by #Pidilite Industries Limited in 1986- a well-known group which manufactures and sells the #Fevicol brand of adhesives synthetic resins binders surfactants pigments etc
#VinylChemicals is currently engaged in the business of trading in chemicals viz. Vinyl Acetate Monomer (VAM), which is now imported/sourced from various global suppliers and distributed/traded in India.
Post 5G spectrum auctions, Co expect to see a multi-year capex spend cycle for building both wireline and wireless infrastructure.
Deployments of next-generation radio products, 5G will also require significant increase in cell-site fiberization and augmentation of optical backbone capacities which augur well for the business of #TejasNetworks.
With strong order book of 1158 Crs advance inventory actions, the mgmt of #TejasNetworks expects to see better revenue performance in the coming quarters.