Most investors find it challenging to find companies with prospective double-digit growth rates that are also financially robust. These hidden gems also add meaningful upside to a portfolio, should the companies meet expectations. If your holdings could benefit from diversification towards growth stocks, whether it be in reputable tech stocks or green small-caps, take a look at my list of stocks with a bright future ahead.
MOIL Limited (BSE:533286)
MOIL Limited engages in the exploration, exploitation, and marketing of various grades of manganese ore and value added products in India. Started in 1896, and now run by Mukund Chaudhari, the company currently employs 6,201 people and with the company’s market cap sitting at INR ₹63.68B, it falls under the large-cap stocks category.
533286’s projected future profit growth is a robust 32.24%, with an underlying 78.21% growth from its revenues expected over the upcoming years. It appears that 533286’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 17.21%. 533286’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Interested to learn more about 533286? Take a look at its other fundamentals here.
Dwarikesh Sugar Industries Limited (BSE:532610)
Dwarikesh Sugar Industries Limited, an integrated conglomerate, manufactures and sells sugar and allied products in India. Started in 1993, and now run by Gautam Morarka, the company size now stands at 638 people and with the market cap of INR ₹8.42B, it falls under the mid-cap stocks category.
Should you add 532610 to your portfolio? Check out its fundamental factors here.
TVS Srichakra (BSE:509243)
TVS Srichakra Limited manufactures and sells two-wheeler, three-wheeler, and other industrial tires and tubes to original equipment and vehicle manufacturers in India. TVS Srichakra was founded in 1982 and with the stock’s market cap sitting at INR ₹27.77B, it comes under the large-cap group.
Thinking of investing in 509243? 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.