Investors seeking to increase their exposure to growth should consider companies such as Suprajit Engineering and Gujarat Gas. Analysts are generally optimistic about the future of these stocks, based on how much they’re expected to earn and return. I would suggest taking a look at my list of companies that compare favourably in all criteria, and consider whether they would add value to your current portfolio.
Suprajit Engineering Limited (BSE:532509)
Suprajit Engineering Limited manufactures, sells, and exports control cables, speedo cables, auto lamps, and other components for automobiles, tractors, etc. Suprajit Engineering was founded in 1985 and with the company’s market cap sitting at INR ₹38.62B, it falls under the large-cap category.
An outstanding 20.57% earnings growth is forecasted for 532509, driven by an underlying sales growth of 32.12% over the next few years. Profit growth, coupled with top-line expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a high double-digit return on equity of 22.92%. 532509 ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Could this stock be your next pick? Check out its fundamental factors here.
Gujarat Gas Limited (BSE:539336)
Gujarat Gas Limited engages in the distribution of city natural gas in India. The company was established in 2012 and has a market cap of INR ₹120.19B, putting it in the large-cap category.
An outstanding 35.14% earnings growth is forecasted for 539336, driven by an underlying sales growth of 39.33% over the next few years. An affirming signal is when net income increase is supported by top-line growth. Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 22.99%. 539336’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.
RBL Bank Limited (BSE:540065)
RBL Bank Limited operates as a scheduled commercial bank in India. Started in 1943, and run by CEO Vishwavir Ahuja, the company size now stands at 4,902 people and with the company’s market capitalisation at INR ₹215.29B, we can put it in the large-cap stocks category.