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Companies such as Tejas Networks and Rama Steel Tubes have a significantly positive future outlook on the basis of their profitability and returns. Investors seeking to enhance their portfolio should consider these financially stable, high-growth stocks. Analysing the most recent financial data, I’ve created a list of companies that compare favourably in all criteria, making them potentially good additions to your portfolio.
Tejas Networks Limited (BSE:540595)
Tejas Networks Limited designs, develops, and sells products to telecommunications service providers, Internet service providers, utility companies, and defense and government entities in India and internationally. Founded in 2000, and currently run by Sanjay Nayak, the company provides employment to 607 people and with the company’s market cap sitting at INR ₹32.09B, it falls under the large-cap category.
540595 is expected to deliver a buoyant earnings growth over the next couple of years of 31.87%, bolstered by an equally impressive revenue growth of 53.63%. It appears that 540595’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 15.60%. 540595’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. A potential addition to your portfolio? Other fundamental factors you should also consider can be found here.
Rama Steel Tubes Limited (NSEI:RAMASTEEL)
Rama Steel Tubes Limited manufactures and sells steel pipes and tubes and rigid PVC and G.I. Rama Steel Tubes was started in 1974 and has a market cap of INR ₹3.40B, putting it in the mid-cap stocks category.
Thinking of investing in RAMASTEEL? Take a look at its other fundamentals here.
PNB Gilts Ltd. (BSE:532366)
PNB Gilts Ltd. operates as a primary dealer in government securities in India. Formed in 1996, and headed by CEO Shashi Dubey, the company currently employs 32 people and with the market cap of INR ₹6.43B, it falls under the mid-cap group.
Should you add 532366 to your portfolio? I recommend researching its fundamentals here.
For more financially robust companies with high growth potential to enhance your portfolio, use our free platform to explore our interactive list of these stocks.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.