Wondering what to gift your sister this Raksha Bandhan? How about giving her a head start on financial security with stocks! If she’s interested in investing, stocks can be a great gift. They offer ownership in a company, letting her benefit from its growth. Here are three promising stocks that could make a perfect Raksha Bandhan gift, each expected to deliver a 15-20% return:
- Larsen & Toubro Ltd (L&T):
L&T is a major player in engineering and construction, covering sectors like infrastructure, power, and defense. It’s known for steady revenue growth and strong profitability. With a return on capital employed (ROCE) of around 19% and a return on equity (ROE) of 15%, L&T has shown impressive performance. The stock has already risen by 32% over the past year. - HCL Technologies:
HCL is a top IT company in India, offering services like digital solutions, cloud computing, and AI. It operates in 60 countries and has been performing well financially. With a focus on high-demand tech areas, HCL’s stock has grown by 38% in the last year. - Tata Motors:
Tata Motors, known for its wide range of vehicles and owning brands like Jaguar and Land Rover, is a major player in the automotive industry. The company is leading in electric vehicles (EVs) in India and has seen a 72% increase in its stock price over the past year. Its strong manufacturing capabilities and focus on innovation make it a promising investment.
By choosing these stocks, you’re not only giving a thoughtful gift but also helping your sister set up for financial success.
Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.
