Top BSE High Growth Stock
Why invest in a stock whose growth outlook that lags behind the market? Investors looking for companies with extraordinary future prospects in terms of profitability and returns should look at the following high-growth stocks. 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.
Blue Star Limited (BSE:500067)
Blue Star Limited engages in the central air conditioning and commercial refrigeration business in India and internationally. Founded in 1943, and currently run by B. Thiagarajan, the company size now stands at 2,711 people and with the market cap of INR ₹75.34B, it falls under the large-cap group.
500067’s forecasted bottom line growth is an optimistic double-digit 30.77%, driven by the underlying double-digit sales growth of 36.88% 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. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 25.99%. 500067’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. A potential addition to your portfolio? I recommend researching its fundamentals here.
Tata Coffee Limited (BSE:532301)
Tata Coffee Limited, together with its subsidiaries, engages in the production, trading, and distribution of coffee, tea and allied products. The company was established in 1943 and has a market cap of INR ₹22.47B, putting it in the large-cap group.
Thinking of investing in 532301? Take a look at its other fundamentals here.
TVS Motor Company Limited (BSE:532343)
TVS Motor Company Limited, together with its subsidiaries, manufactures and sells automotive vehicles, components, and spare parts and accessories in India. Formed in 1992, and currently lead by K. Radhakrishnan, the company size now stands at 4,405 people and with the market cap of INR ₹296.64B, it falls under the large-cap stocks category.
Driven by the positive double-digit sales growth of 39.66% over the next few years, 532343 is expected to deliver an excellent earnings growth of 28.16%. It appears that 532343’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 high double-digit return on equity of 30.02%. 532343’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. Thinking of investing in 532343? I recommend researching its fundamentals here.
For more financially robust companies with high growth potential to enhance your portfolio, explore this interactive list of fast growing companies.
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.
