Top 5 Fundamentally strong stock in India 2023

The companies that are fundamentally strong have multiple   businesses. So they can survive in market even in bad conditions. 

When the other company shares are going down badly at the time of bad  condition in market , the stocks of the fundamentally strong  companies remain far better than others.

 Top 5 most fundamentally strong companies :- 

1. Divis Laboratories

2. Tata consumer product 

3. Bajaj Finance

4. Titan

5. Reliance Industries

Divis Laboratories 

The market cap of the company is 97890cr. This company is a pharmaceutical company which produce  pharmaceutical ingridentThe Headquarter in Hyderabad .Divi's Laboratories has between 60-85% global market share in generic naproxin, dextromethropan and gabapentin API. This company was founded in 1990 and it is 4th largest publicly listed pharmaceutical company in stock market with large cap.

 

Tata consumers product

Indian fast-moving consumer goods company and a part of the Tata Group. The market capitalisation of company 69710cr. The register office is in Kolkata and headquarter in Mumbai .

         It is the world second largest manufacturer and distributor of tea and coffee. Tata tea is the  biggest sell tea brand in India .

Bajaj Finance limited

Bajaj Finance Limited (BFL), a subsidiary of Bajaj Finserv, is an Indian non-banking financial company headquartered in Pune.

Incorporated as Bajaj Auto Finance Limited on March 25, 1987, as a non-banking financial company and  focused on providing two and three-wheeler finance.

             After 11 years in the auto finance market, Bajaj Auto Finance Ltd launched its initial public issue of equity share and was listed on the Bombay Stock Exchange and National Stock Exchange of India.

 

Titan Company

Titan Company Limited is an Indian company that  manufactures fashion accessories such as jewellery, watches and eyewear. The company has its  headquarters in Banglore.

                          The company is the largest branded jewellery maker in India, with more than 80% of its total revenues coming from the jewellery segment.

Reliance Industries

Its businesses include energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. Market cap of this industry is 1638391cr.Reliance is the largest public company in India by market capitalisation and revenue,and the 100th largest company worldwide and headquarter in Mumbai.The company has relatively little free cash flow and high corporate debt.

               Reliance Commercial Corporation was set up in 1958 by Dhirubhai Ambani as a small venture firm trading commodities, especially spices and polyester yarn.

How to invest in fundamentally strong shares in the Indian stock market?

   India, there are two exchange markets (BSE and NSE) available through which you can invest in the fundamentally strong shares available in India. 

  

Important things to remember:

1. Do not blindly follow hot tips

2. Eliminate looser stock from portfolio

3. Choose quality stock instead of quantity stock

Disclaimer: The securities quoted are exemplary and not recommendatory. Past performance is not indicative of future returns.