Top Growth Stocks in India 2024 (2024)

MyStocks

Members LoginMembers Login

Growth stocks is the name given to the stocks of companies that are growing their sales and profits at a faster pace than the market.

The top growth stocks usually trade at a premium to other stocks in the market because investors are willing to pay for the higher profits in the years ahead.

Marketcap:

FILTER

  • Marketcap

  • More Marketcap

  • Sectors

EXPORT

CompanyCMP
(Rs)
Profit CAGR
(5 yrs, %)
Sales CAGR
(5 yrs, %)
MCap
(Rs m)
P/E
(x)
D/E
(Curr FY, x)
RoE
(5 yrs, Avg. %)
ZOMATO272.9NM56.0%2,410,901400.50.00.4%
TRENT7,228.273.2%36.7%2,569,517165.80.111.5%
ADANI GREEN ENERGY 1,787.9NM35.0%2,832,012246.910.619.9%
INDUS TOWERS428.319.3%33.2%1,129,92517.50.221.8%
BAJAJ HOLDINGS & INVESTMENT10,367.919.0%30.7%1,153,88080.80.010.9%
L&T INFOTECH6,416.524.8%30.3%1,900,38041.60.026.8%
VARUN BEVERAGES646.347.6%25.9%2,099,58485.10.720.7%
BAJAJ FINANCE7,597.029.3%24.4%4,709,90931.63.917.0%
CHOLAMANDALAM INVEST1,574.623.3%22.0%1,323,25536.36.916.7%
HDFC BANK1,665.423.5%22.0%12,700,35818.16.815.2%
BAJAJ FINSERV1,893.823.8%21.0%3,023,67918.84.822.7%
TITAN3,767.720.3%20.9%3,344,86896.81.424.8%
AVENUE SUPERMARTS 5,186.923.0%20.4%3,375,255127.30.012.0%
ADANI PORTS & SEZ1,452.114.9%19.6%3,136,63033.90.914.3%
INTERGLOBE AVIATION (INDIGO)4,943.9120.4%19.3%1,909,61724.41.084.4%
IRFC167.323.3%19.1%2,185,70833.98.412.9%
ADANI ENTERPRISES2,968.671.3%19.0%3,384,20780.11.45.4%
SHRIRAM TRANSPORT3,367.323.4%18.6%1,266,05016.54.012.9%
ADANI TRANSMISSION983.516.4%17.9%1,181,461NM2.914.6%
BANK OF BARODA239.376.4%17.5%1,237,5076.612.18.3%
ICICI BANK1,250.559.8%17.3%8,809,38618.96.513.3%
RAIL VIKAS NIGAM555.318.0%16.8%1,157,81285.30.717.3%
ADANI POWER633.6NM16.1%2,443,56415.30.824.0%
TATA CONSUMER1,209.922.4%16.0%1,197,07995.30.26.8%
PNB111.2NM15.9%1,223,87411.313.23.8%

* We show NM where the values are negative

Disclaimer: This is for information purposes only. These are not stock recommendations and should not be treated as such. Learn more about our recommendation services here... Also note that these screeners are based only on numbers. There is no screening for management quality.

1234>>>

We Value Your Feedback

<< Back to Screener Home

More Info

Related ViewsDetailed Stock QuoteCompany Fact SheetQuarterly Results Dividend History Shareholding PatternCompare CompanyAdd To PortfolioAdd To Watchlist

Popular Screens

Most Undervalued Stocks in IndiaCheapest stocks on the basis of historical earnings
Fastest Growing Stocks in IndiaCompanies showing fastest growth in sales
Multibagger Penny Stocks in IndiaTop penny stocks with multibagger opportunities
Top Semiconductor Stocks in IndiaList of top semiconductor stocks in India
Stocks Recently Bought by Mutual Funds in IndiaTracking what mutual funds are buying
Top Auto Stocks in IndiaAuto Stocks with higher return on equity
Debt Free Stocks in IndiaStocks with little or no debt
Stocks Recently Bought by Foreign Institutional Investors (FIIs) in IndiaTracking what institutional investors have bought

More Screens ›

FAQs

Which are the top growth stocks in India right now?

As per Equitymaster's Stock Screener, these are the top growth stocks in India right now.

  • #1 ZOMATO
  • #2 TRENT
  • #3 ADANI GREEN ENERGY
  • #4 INDUS TOWERS
  • #5

These companies have been ranked as per their 5-year sales compounded annual growth rate (CAGR)

High growth companies have the potential to generate multibagger returns. But if these companies disappoint even slightly, they could get punished heavily by the market due to high valuations.

However, there are other parameters you should take into account as well before forming a hard opinion on the stock.

What are growth stocks?

Growth stocks are companies whose sales and profits are growing at a faster pace than the market.

The top growth stocks usually trade at a premium to other stocks in the market because investors are willing to pay for the higher profits in the years ahead.

The faster they grow, the bigger the returns are for shareholders.

What are the risks of investing in growth stocks?

It's important to understand that growth stocks have a lot of investor expectations driving them higher. This is why they trade at high PE ratios. In fact, they are the most expensive stocks in the market.

If these expectations are dashed due to poor quarterly results or some unexpected event, then growth stocks will crash.

There's also the risk of higher interest rates. If interest rates rise, it puts breaks on growth stocks and their plans.

Investors who have a low risk-appetite may want to reconsider pursuing a growth-oriented investing strategy.

Which is better – value stocks or growth stocks?

There is no clear winner as both focus on different investing strategies. It is up to investors to identify their investing goals and choose accordingly.

Growth stocks are more volatile than value stocks but have the potential to rise in price substantially. On the other hand, value stocks are low-risk, and offer regular dividends but can't fulfill short-term investing goals.

Create Your Own Queries

Equitymaster's powerful BSE/NSE Stock Screener allows you to screen stocks based on both pre-set and your own criteria.

×

Top Growth Stocks in India 2024 (2024)
Top Articles
No Spend Weekend with Kids - Save Money & Have Fun
Reseller Mistakes: Avoid These to Save Time and Money | Hustle & Slow
Wodemo Link
Westfield Mall Kiosk Rental Prices
Spirit Extractor Vault Hunters
Patelco New Car Loan Rates
Scott Surratt Salary
Jiffy Lube D'iberville Reviews
Localizar el dispositivo Apple o AirTag perdido con Encontrar - Soporte t&eacute;cnico de Apple
Waifu Fighter F95
Becu Turbotax Discount Code
Smithfield Okta Login
18000 Dkk To Usd
Cash App Paid Screenshot
Dan Mora Growth
伊南 娜
Magicseaweed Capitola
Leyla Star Session
Marylynn Lee
Poochies Liquor Store
Craigslist Furniture Bedroom Set
Bay Country Crab Supply
24-Hour Arrest Knoxville Tennessee
No Hard Feelings Showtimes Near Pullman Village Centre Cinemas
Myjohnshopkins Mychart
855 700 4473
Sam's Club Near Wisconsin Dells
Evil Dead Rise Ending, Explained
Craigs List High Rockies
Ferguson Employee Pipeline
Erlebnispark Paaren – Ausflugsziel mit Kindern in Brandenburg
Ups Access Point Lockers
IHOP Pancakes Near You in Cape Girardeau - Order Takeout or Delivery Today!
Fundations Name Tags
Villeroy & Boch WC für Kombination vita O.novo, 4620R001, B: 360, T: 710 mm, Weiß Alpin
Joshua's Law Unit 7 Lesson 2
Panola County Busted Newspaper
Fisher-Cheney Funeral Home Obituaries
Savannah Riddle Marshall Tx
Leonard Trailers Summerville Sc
How To Add Friends On Regal App
Restored Republic December 9 2022
Cuddly Country Raised Furball Puppies
new hampshire houses for rent - craigslist
Cyberpunk 2077 Update 2.110 Patch Notes: Enhancements, Fixes, and Exciting Additions
1977 Elo Hit Wsj Crossword
Whyp It Downloader
Kumon Math Level H Answers
1V1 Google Classroom
Jasgotgass2
Metro Pcs Locations Near Me
Latest Posts
Article information

Author: Annamae Dooley

Last Updated:

Views: 6163

Rating: 4.4 / 5 (65 voted)

Reviews: 80% of readers found this page helpful

Author information

Name: Annamae Dooley

Birthday: 2001-07-26

Address: 9687 Tambra Meadow, Bradleyhaven, TN 53219

Phone: +9316045904039

Job: Future Coordinator

Hobby: Archery, Couponing, Poi, Kite flying, Knitting, Rappelling, Baseball

Introduction: My name is Annamae Dooley, I am a witty, quaint, lovely, clever, rich, sparkling, powerful person who loves writing and wants to share my knowledge and understanding with you.