Top Growth Stocks To Buy

High growth companies such as Ahluwalia Contracts (India) and Minda Industries has a positive future outlook in terms of their returns, profitability and cash flows. The prospects of these companies tend to outperform others, regardless of how the stock market is generally doing. Below I’ve put together a list of great potential investments for you to consider adding to your portfolio if growth is a dimension you would like to firm up.

Ahluwalia Contracts (India) Limited (BSE:532811)

Ahluwalia Contracts (India) Limited, together with its subsidiaries, operates as a construction company in India and internationally. Ahluwalia Contracts (India) was started in 1965 and has a market cap of INR ₹25.64B, putting it in the large-cap stocks category.

Driven by the positive double-digit sales growth of 35.02% over the next few years, 532811 is expected to deliver an excellent earnings growth of 22.10%. It appears that 532811’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 20.38%. 532811’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? Check out its fundamental factors here.

BSE:532811 Future Profit Mar 14th 18
BSE:532811 Future Profit Mar 14th 18

Minda Industries Limited (BSE:532539)

Minda Industries Limited, together with its subsidiaries, designs, develops, manufactures, and sells auto components, including auto electrical parts and its accessories in India and internationally. Founded in 1958, and headed by CEO Nirmal Minda, the company employs 6,200 people and with the stock’s market cap sitting at INR ₹97.94B, it comes under the large-cap category.

Driven by the positive double-digit sales growth of 45.65% over the next few years, 532539 is expected to deliver an excellent earnings growth of 25.96%. 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 23.48%. 532539 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? Take a look at its other fundamentals here.

BSE:532539 Future Profit Mar 14th 18
BSE:532539 Future Profit Mar 14th 18

ITD Cementation India Limited (BSE:509496)

ITD Cementation India Limited provides construction and civil engineering services in India. Formed in 1931, and currently headed by CEO Adun Saraban, the company now has 1,882 employees and has a market cap of INR ₹28.09B, putting it in the large-cap category.

509496’s projected future profit growth is a robust 34.74%, with an underlying 72.36% growth from its revenues expected over the upcoming 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 positive return on equity of 16.31%. 509496’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Should you add 509496 to your portfolio? Other fundamental factors you should also consider can be found here.

BSE:509496 Future Profit Mar 14th 18
BSE:509496 Future Profit Mar 14th 18

For more financially robust companies with high growth potential to enhance your portfolio, explore this interactive list of fast growing companies.