Determining which stock to add to your portfolio can be challenging. You need to consider your current portfolio holdings and how you can add more value while lowering risk. Looking at stocks with great fundamentals such as strong returns and great value can be a good place to start. In this article, I’ve put together a list of stocks which provide investors with two or more favourable aspects, making them sought-after investments for any investor.
Cadila Healthcare Limited (BSE:532321)
Cadila Healthcare Limited engages in the research, development, production, marketing, and distribution of pharmaceutical products. Started in 1952, and now run by Sharvil Patel, the company currently employs 20,000 people and has a market cap of INR ₹421.94B, putting it in the large-cap stocks category.
532321’s earnings growth in the past year of 38.70%, generating a strong triple-digit return on equity, paints an buoyant picture for the company. 532321’s upcoming commitments are met by its short-term assets, and its debt is adequately covered by its operating cash, demonstrating financial stability and good capital management. Also, 532321’s ample net income is able to cover all of its dividend payments, which has been climbing over a long period of time. More detail on Cadila Healthcare here.
Blue Star Limited (BSE:500067)
Blue Star Limited engages in the central air conditioning and commercial refrigeration business in India and internationally. Formed in 1943, and now led by CEO B. Thiagarajan, the company size now stands at 2,711 people and with the company’s market cap sitting at INR ₹76.92B, it falls under the large-cap group.
500067 is an attractive stock for growth-seeking investors, with an expected earnings growth of 30.77% in the upcoming year expected to trickle down to investors in the form of a 25.99% return on equity in the near term. 500067’s previous bottom-line expansion of 39.71% in the prior year, beating the building industry’s growth of 18.86%, is an optimistic signal for the future. Also, 500067 has ample cash coverage over its short term liabilities, and its total debt is well-covered by its cash flows, demonstrating financial stability and good capital management. Interested in Blue Star? Find out more here.
Tata Elxsi Limited (BSE:500408)
Tata Elxsi Limited provides product design and engineering, and systems integration and support services in India, the United States, Europe, and internationally. Founded in 1989, and currently run by Madhukar Dev, the company currently employs 5,205 people and with the market cap of INR ₹76.96B, it falls under the large-cap stocks category.