The fantastic year 2021 has ended with so many crashes and rebounds on a dramatic note. Now investors are searching in every piece of paper or scarp on the internet to find the best stocks to buy in 2022. Fundamentally, everything’s the same and the Indian market is set for strong growth in 2022. So, we have some best stocks recommendations which are likely to become top performers of the year for our readers. The best stocks list includes IRCTC, Reliance, MapMyIndia, Asian Paints. Let us show you why.
IRCTC
MONOPOLY IS THE CONDITION OF EVERY SUCCESSFUL BUSINESS
Indian Railway Catering & Tourism Corporation is a Mini Ratna (Category I) public sector company. IRCTC’s current market cap is 66,540 crores, PE ratio is 157, ROCE is around 16.5% and ROE is 11.6% (As of 31st December 2021). The company is the only authorized entity for railway ticket booking and catering services for Indian railway passengers. As of FY2021, IRCTC records 145 lakhs average transaction per month on its web portal. The company generates 57% of revenue from the online ticket booking facility. It has several more nosiness verticals as well. IRCTC has a monopoly on drinking water and catering business in Indian Railway. It has more than 14 operational RailNeer plants. The company generates 29% and 7% revenue from catering and RailNeer Business respectively. Also, the company is focusing to expand their business through the Tourism and State Teerath business.
Reliance
Reliance Industries is a Fortune 500 company. Reliance has a current market cap of 1,601,836 crores, PE ratio is 31.0, ROCE is around 8.19% and ROE is 7.97% (As of 31st December 2021). The company is an integrated player in energy (Oil and green energy), material, retails, entertainment and digital services. Reliance generates revenue from many business verticals such as Refining and Marketing, O2C (Petrochemicals), Digital services and Retails Business. Major revenue of more than 50% is aggregated from Crude oil refining and marketing business. The O2C business derives almost 19% and Digital services (JIO Platforms) derives 9% revenue. The company’s subsidiary Reliance retail business marked 21% of the revenue. Reliance stocks are likely to grow more than 60% in the upcoming years. Because of the rising demands of digital services and the investments in GIGA factory and green energy business. The company going to invest almost 70,000 crores in green energy and the GIGA factory.
MapMyIndia
C.E. Infosystems (MapMyIndia) was founded in 1995. C. E. Infosystem’s current market cap is 8,925 crores, PE ratio is 185, ROCE is around 19.8% and ROE is 15.4% (As of 31st December 2021). The company is the market leader in digital mapping and related services. MapMyIndia is pioneered in digital mapping tech such as AI-powered 4D HD maps of the real world, NCASE mobility suite for digital vehicles. The company has B2B and B2B2C clients across India. MapMyIndia generates 52.5% revenue from the automotive sector. The company bags clients like PhonePe, Flipkart, Yulu, HDFC Bank, Airtel and Hyundai. Also, they signed MoUs with well-known government organizations such as ISRO, NITI Aayog, National eGovernance Division, Ministry of Electronics and Information Tech. and Government of India. The company is debt-free and has upright potential to grow. Because of the good management and steady revenue source and market leadership.
Asian Paints
Asian Paints is the largest paint manufacturer and market leader pan India. Asian Paints has a current market cap is 324,492 crores, PE ratio is 99.7, ROCE is around 34.8% and ROE is 27.3% (As of 31st December 2021). The company is in the business of manufacturing and retail decorative paint, varnishes, enamels, surfacing preparation, organic composites and thinners. Asian Paints has 26 paint manufacturing plants across India and them serving over 60 countries. The company’s major revenue comes from the decorative Paint segment which is 83.70% of total revenue. It is the 3rd largest paint company in Asia and 9th in World. The company is debt-free and have more than 50 years of market leadership in India.
These are some of the best recommendations based on past performances and market coverage. We hope, that you create marvellous wealth in this new year. Also, the views and Investment recommendations on these scripts are our own opinion. We are not a SEBI registered investment advisor. Take your decision based on your research and invest.
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