Recently I read an article in Forbes investment reports recommending "Essential Indian Stocks". According to author of the article, India or Indian stocks are not expensive in terms of stock market valuations but at 20 PE ratio, markets are not cheap either.
The best indian companies for investment are:
Infosys
Wipro
Satyam computer services
HDFC Bank
Infosys:
Probably the best known Indian ADR. But I don’t like Infosys because it’s Indian. I like it because it’s a grea
Much of the same can be s
Further to add and talk about India's growth story and profitable investments in this growth, HDFC is well poised to get benefitted from rise of Indian middle class. HDFC is a leading mortgage (Home Loan) lender.
To sum up the views, best essential stocks mentioed by author are the companies who cater to entire world and companies from which Indian consumers want to buy.
Also Read: gem worth investing - HDFC BANK
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