Top 5 High-Growth Stocks for Long-Term Investment

Investors start online stock investing with the objective to earn higher gains. As an investor, you can gain higher profit by investing in high-growth stocks for the long term. High-growth stocks are the stocks of companies that have a higher potential to grow.

Investing in growth stocks for the long term will give you the benefit of compounding. This article lists the best 5 high-growth stocks that you can consider for long-term investing.

What are High Growth Stocks?

High Growth stocks are the stock of those companies which grow at a faster rate as compared to the average growth of other companies in the market or the industry. These companies are found to have strong leadership and management team, have realistic future goals and are gives importance to technology and innovation.

Investors can earn higher profits and gain a lot of wealth by investing in high-growth stocks. These companies generally reinvest their profits in the company itself to increase the revenue earning capacity.

5 High-Growth Stocks for Long-Term Investment

Here are the top 5 high-growth stocks for long-term investing:-

Adani Enterprise

Adani Enterprise is a multi-national company which is a part of the Adani group and has its headquarters in Ahmedabad. It was founded in 1993 and is mainly involved in the mining and trading of coal and iron ore. Around 60% of its revenue comes from India and 40% comes from foreign operations.

Adani Enterprises share price is currently trading near ₹1190 in NSE as of 3rd Feb 2023. The market cap of Adani Enterprise is ₹133,915 crores as of 3rd Feb 2023.

 Coal India

Coal India is a Public Sector undertaking which runs under the ownership of the Ministry of Coal which is headed by the Government of India. Coal India is having an advantage of the Russia-Ukraine war as the European Union has reduced its dependence on Russia for gas exports. The net profit of the company has been ₹7719 crores for the quarter that ended in December.

Coal India share price is currently trading near ₹218 in NSE as of 3rd Feb 2023 which is quite higher than the 52-week low of ₹149. The market cap of the company is ₹134,409 crore.

NTPC

NTPC is a Large Cap company founded in 1975 which operates in the power sector. The company is focused on power generation, consultancy services, power trading, coal mining etc. NTPC share price is currently trading near ₹164 in NSE as of 3rd Feb 2023 which is quite higher than 52 week low of ₹123.65.

IndusInd Bank

IndusInd Bank was established in 1994 and as of now has around 33 million customers in India. The bank has a network of 2384 branches/bank outlets and 2894 ATMs. Indusind bank share price is currently trading near ₹1091 in NSE as of 3rd Feb 2023 which is near to 52-week high of ₹1275.80.

Tata Consultancy Services (TCS)

TCS is an Indian Company which is a part of the TATA group and was founded in 1968. It is mainly involved in the business of providing Information technology (IT) services and digital and business solutions. TCS share price is currently trading near ₹3484 in NSE as of 3rd Feb 2023 which is near to 52 week’s high of ₹3882.50

Final words on choosing High-Growth Stocks

So if you want to earn higher gains in stock markets then you shall invest in high-growth stocks for the long term. This article has listed 5 top high-growth stocks. You can invest in it as per your investment goals.

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