Hello friends, welcome to our article related to the stock market. Today, in this article, we are going to tell you about Best Government Stocks in India October 2024 – 5-yr CAGR Basis. So read, full article Let us know about these in detail.
Best Government Stocks in India October 2024 – 5-yr CAGR Basis
| Name | Market Cap (₹ in crore) | PE Ratio | 5Y CAGR (%) | 1Y Return (%) |
| Rail Vikas Nigam Ltd | ₹ 99,518 Cr. | 73.9 | 82 | 186 |
| Hindustan Aeronautics Ltd | ₹ 3,02,601 Cr. | 36.8 | 66 | 131.74 |
| Bharat Electronics Ltd | ₹ 2,09,900 Cr. | 49.5 | 49 | 109.49 |
| Bharat Dynamics Ltd | ₹ 41,416 Cr. | 71.6 | 51 | 125.07 |
| Oil India Ltd | ₹ 86,763 Cr. | 11.1 | 36 | 146.61 |
| REC Limited | ₹ 1,43,840 Cr. | 9.83 | 41 | 84.69 |
| Bharat Heavy Electricals Ltd | ₹ 88,392 Cr. | 880 | 36 | 96.48 |
| NHPC Ltd | ₹ 84,509 Cr. | 23.4 | 29 | 61.96 |
| Power Grid Corporation of India Ltd | ₹ 3,08,827 Cr. | 19.7 | 24 | 60.84 |
| State Bank of India | ₹ 7,32,175 Cr. | 10.0 | 25 | 43.55 |
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The Indian stock market is a platform where shares of publicly listed companies are bought and sold. It plays a vital role in India’s economy, allowing companies to raise capital for growth and expansion, while offering investors a chance to earn returns by buying and selling shares.
The two main stock exchanges in India are:
- Bombay Stock Exchange (BSE):
- Established in 1875, it is the oldest stock exchange in Asia.
- It lists thousands of companies and has indices like SENSEX, which tracks 30 of the largest and most actively traded stocks on the BSE.
2. National Stock Exchange (NSE):
- Established in 1992, it is the largest stock exchange in India by trading volume.
- It has indices like NIFTY 50, which represents the top 50 companies listed on the NSE.
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Investors should conduct their own research and carefully consider their financial objectives, risk tolerance, and investment horizon before making any investment decisions. Any reliance on the information provided is at the user’s own risk.
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It is advisable to consult with a qualified financial advisor or professional before making any investment decisions. Users are encouraged to verify the accuracy of the information provided independently and seek appropriate professional advice if needed.
