Top 7 Undervalued Growth Stocks to Buy in India

What are Growth Stocks?

The stocks which can give higher returns than market’s average return. In simple words, they grow faster than normal stocks.

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Adani Green Energy

Adani Green Energy made Rs. 8,967.00 Cr. in revenue, up 55% annually. It has an 18% pre-tax margin and a 16% ROE, making it a strong investment in India’s growth.

Varun Beverages

Varun Bev: High growth, Rs. 15,589.13 Cr. revenue, 49% growth, 15% margin, 29% ROE. Best for long-term growth in India.

JSW Steel

JSW Steel earned Rs. 172,893.00 Cr. in revenue, growing by 13% yearly. With 6% ROE, it’s a top growth stock in India.

Deepak Nitrite

They make chemicals, has 3 segments. It earns Rs. 7,682.41 Cr in a year, with 17% growth. It has 14% pre-tax margin, 20% ROE, good for long-term investment.

KEI Industries

KEI Industries earned Rs. 7,467.99 Cr. in revenue last year, growing by 21%. It has a 9% pre-tax margin and an impressive 18% ROE, making it a top pick for investors.

Nazara Technologies

A player in the mobile gaming and esports segments, which have seen significant expansion in India.

Happiest Minds Technologies

A company working in the digital transformation space, which includes technologies like artificial intelligence, cloud computing, and more.

This research serves educational and informational purposes only. It is not to be considered as a portfolio management service, basket recommendation, or investment advisory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. 

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