Buying shares can be an excellent way to invest in the market. However, before investing money, it is a high priority to understand which stocks of which companies are the most profitable. Let’s look at the 5 best companies to invest in India for beginners that, with the right approach, can bring you income in 2022 and beyond.
Best stocks to buy for beginners in India
The Indian stock market is a great place to start investing, especially for beginners. It offers many benefits, such as investing in companies whose products and services you can personally use. It also gives you access to many stocks, so you can always choose what you need.
But if you are new to investing, this variety can make it challenging to decide which stocks to buy and which not to. So let’s look at the 5 best companies to invest in India for beginners.
Bajaj Finserv Ltd.
Bajaj Finserv Limited is an Indian non-banking company headquartered in Pune, India. It provides various financial services: lending, insurance, investments, retail financing, wealth management, asset management, digital broking, etc. This holding company also invests in renewable energy and generates electricity through wind turbines.
Coforge Limited, formerly NIIT Technologies, is an Indian information technology company. It was founded in 1981 and has since grown into a multinational company. Coforge is present in the Americas, Europe, the Middle East and Africa (EMEA), Asia Pacific (APAC), and India. Its proprietary platforms support critical business processes across the company’s core verticals.
Coforge is based in Noida, India, and New Jersey, USA. The company is engaged in business process outsourcing, application development and maintenance, cloud computing, and managed services. It also provides advice on cybersecurity, computer programming, and related activities.
Infosys Limited is an Indian company that develops custom e-commerce software and consults on information technology and software issues. The company’s headquarters is located in Bangalore, India. Infosys is the second largest Indian IT company; it is second only to Tata Consultancy Services.
Infosys offers the following products and services:
- Cloud Services for Enterprise Transformation;
- Digital Marketing;
- Engineering Services;
- NIA is the next-generation integrated AI platform.
The company’s best-known product is Finacle, a global banking platform for retail and corporate banking. Infosys is one of India’s best companies to invest in for beginners.
Jubilant FoodWorks Ltd.
Jubilant FoodWorks Limited is a food service company based in Noida, India. It engages in food retail through international and domestic brands.
Jubilant FoodWork owns franchises:
- Dunkin’ Donuts in India;
- Popeyes in India, Bangladesh, Nepal, and Bhutan;
- Domino’s Pizza in India, Nepal, Sri Lanka, and Bangladesh.
It also operates two restaurant brands, Ekdum! and Hong’s Kitchen. In 2020, the company launched ChefBoss, a new brand offering ready-to-cook sauces, pasta, and gravies. ChefBoss helps families quickly prepare a delicious lunch or dinner at home.
TCNS Clothing Company Ltd.
TCNS is one of the best companies to invest in for beginners in India. It occupies a leading position in producing women’s branded clothing in ethnic / fusion style. TCNS represents its brands: W, Aurelia, Wishful, and Elleven. Indian women can choose for themselves underwear, outerwear, shoes, and accessories for everyday wear or work and special occasions.
The bottom line
Although we have reviewed the 5 best companies to invest in India for beginners, it is essential to decide which stocks to buy for yourself. The best of them to invest in are those that are liquid, easy to research, and have a history of paying regular dividends.