RBL Bank is one of many stocks the market is bullish on. Its expected double-digit top-line and bottom-line growth exceeds its peers, and its financially stable position lessens the chances of risk. Investment in growth companies can benefit your current holdings, whether it be in established tech giants or undiscovered micro-caps. Here, I’ve put together a few companies the market is particularly optimistic towards.
RBL Bank Limited (BSE:540065)
RBL Bank Limited operates as a scheduled commercial bank in India. Established in 1943, and run by CEO Vishwavir Ahuja, the company now has 4,902 employees and with the company’s market capitalisation at INR ₹199.62B, we can put it in the large-cap stocks category.
540065’s projected future profit growth is a robust 30.77%, with an equally impressive underlying growth from its revenues expected over the upcoming years. It appears that 540065’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 15.04%. 540065’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. Could this stock be your next pick? I recommend researching its fundamentals here.
V-Guard Industries Limited (BSE:532953)
V-Guard Industries Limited, a consumer electrical company, manufactures, trades, and sells electrical/electro mechanical and electronic goods in India and internationally. Established in 1977, and currently run by Mithun Chittilappilly, the company currently employs 1,944 people and with the stock’s market cap sitting at INR ₹101.18B, it comes under the large-cap stocks category.
532953’s forecasted bottom line growth is an optimistic double-digit 24.14%, driven by the underlying double-digit sales growth of 36.30% over the next few years. It appears that 532953’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 26.05%. 532953’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Should you add 532953 to your portfolio? I recommend researching its fundamentals here.
Apollo Pipes Limited (BSE:531761)
Apollo Pipes Limited engages in the manufacture and sale of a range of pipes in India. Apollo Pipes was formed in 1985 and has a market cap of INR ₹5.96B, putting it in the mid-cap category.
Extreme optimism for 531761, as market analysts projected an outstanding earnings growth rate of 55.11% for the stock, supported by an equally strong sales growth of 83.04%. Profit growth, coupled with top-line expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 16.49%. 531761’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. Could this stock be your next pick? Other fundamental factors you should also consider can be found here.
For more financially robust companies with high growth potential to enhance your portfolio, explore this interactive list of fast growing companies.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.