Analysts are bullish on these following companies: Blue Star, Tata Coffee, TVS Motor. These companies are relatively strong financially, and have a great outlook in terms of profits and cash flow. Whether it be a well-known tech stock or a risky small-cap, I believe diversification towards growth can add value to your current holdings. Below I’ve compiled a 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 headed by CEO B. Thiagarajan, the company provides employment to 2,711 people and with the company’s market capitalisation at INR ₹75.34B, we can put it in the large-cap stocks category.
Extreme optimism for 500067, as market analysts projected an outstanding earnings growth rate of 30.77% for the stock, supported by a double-digit sales growth of 36.88%. 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 impressive outlook on all aspects makes it a worthy company to spend more time to understand. Want to know more about 500067? Have a browse through its key 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 category.
Interested to learn more about 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. Founded in 1992, and now run by K. Radhakrishnan, the company size now stands at 4,405 people and has a market cap of INR ₹296.64B, putting it in the large-cap category.
532343 is expected to deliver an extremely high earnings growth over the next couple of years of 28.16%, driven by a positive double-digit revenue growth of 39.66% and cost-cutting initiatives. It appears that 532343’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 return on equity coming in at a notable 30.02%. 532343 ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Considering 532343 as a potential investment? Have a browse through its key fundamentals here.
For more financially robust companies with high growth potential to enhance your portfolio, explore this interactive list of fast growing companies.