Looking to enhance your portfolio with high-growth, financially-robust stocks, but not sure where you should even begin? Stocks such as Tejas Networks and Rain Industries are deemed to be superior in terms of how much they’re expected to earn and return to shareholders, according to analysts. The list I’ve put together below are of stocks that compare favourably on all criteria, which potentially makes them a good investment if you believe the growth has not already been reflected in the share price.
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 lead by Sanjay Nayak, the company provides employment to 607 people and with the company’s market cap sitting at INR ₹28.70B, it falls under the large-cap stocks category.
540595’s projected future profit growth is a robust 20.97%, with an underlying 74.09% growth from its revenues expected over the upcoming years. 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 14.45%. 540595’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. Could this stock be your next pick? Check out its fundamental factors here.
Rain Industries Limited (BSE:500339)
Rain Industries Limited, together with its subsidiaries, manufactures and sells carbon and chemical products in India and internationally. Founded in 1974, and now led by CEO N. Jagan Reddy, the company employs 2,500 people and with the company’s market capitalisation at INR ₹78.94B, we can put it in the large-cap category.
500339’s projected future profit growth is a robust 20.79%, with an underlying triple-digit growth from its cash flow from operations expected over the upcoming years. Profit growth, coupled with operating cash flow 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 25.10%. 500339 ticks the boxes for high-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.
India Glycols Limited (BSE:500201)
India Glycols Limited primarily manufactures and sells bulk, specialty, and performance chemicals; and natural gums, spirits, industrial gases, sugar, and nutraceuticals in India. India Glycols was founded in 1983 and with the market cap of INR ₹15.66B, it falls under the large-cap category.
500201’s forecasted bottom line growth is an optimistic 21.43%, driven by the underlying 66.75% sales growth over the next few years. It appears that 500201’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 12.32%. 500201’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. A potential addition to your portfolio? 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.