India Stock Market Forecast Companies July 2024

Stock Market

Every company needs capital to operate. Working capital needs can occasionally be fulfilled by the profit made from the sale of goods or services so that they can operate their business effectively.

Top 3 Sectors That Have Potential Growth

1. Retailing

Monthly Change: +5.72%

Advances/Declines Ratio: 0.7

PE Ratio: 51.6

ROE: 20.9%

ROCE: 20%

2. Telecom Services

Monthly Change: +4.82%

Advances/Declines Ratio: 0.9

PE Ratio: 44.6

ROE: 12.6%

ROCE: 11.3%

3. Metals & Mining

Monthly Change: +4.51%

Advances/Declines Ratio: 0.4

PE Ratio: 57.4

ROE: 23.5%

ROCE: 25.3%

Star Health

Trade at Rs 574 is India’s top health insurer with rapid growth, strong financial, an ROE of 19.9%, and an EPS of Rs 14.4. Ideal for investments.

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