Best Stocks To Buy In April 2024

Stocks

Investing in stocks can be challenging with so many choices out there, especially in todays ever changing market. Whether you are new to investing or have experience, picking the right stocks is essential for reaching your financial goals. Here are list of best stocks to buy in April, 2024.

Hitachi Energy India Ltd

Hitachi Energy India Limited served utility and industry customers, with a complete range of engineering, products, solutions, and services in areas of Power technology. The company has an extensive installed base for manufacturing and a countrywide marketing and service presence.

Graphite India

Graphite India is the largest Indian producer of graphite electrodes and one of the largest globally by total capacity. Its manufacturing capacity of 98,000 tonnes per annum is spread over three plants at Durgapur and Nashik. The shares of it had surged more than 10% percent which was further supported by a 10 times more spike in volumes.

Wonderla Holidays

Wonderla Holidays Limited operates three largest amusement parks in Kochi, Bangalore and Hyderabad. The company has delivered an ROE and ROCE of 16 percent and 22 percent respectively. The shares of the company are witnessing a surge in its delivery volume.

CAMS Ltd

CAMS is a mutual funds transfer agency. It provides investor services, distributor services, and asset management companies services. The companys Debt-equity ratio stands at just 0.1 with a Price-to-earnings ratio of 45.9 which is marginally higher than its 5-year median PE of 43.5.

UCO Bank

In the quarter ending March FY24, the bank reported a total business of Rs 4.50 lakh crore, marking a 9.62% rise compared to the corresponding period in the previous year, with total advances jumping 15.92% year on year to Rs 1.87 lakh crore.