As the Chinese market crumbles, the Indian market remains incredibly stable in terms of performance, and investors in mainland China may want to pay attention to a few of India’s biggest banks in the coming months. These companies are experiencing extraordinary shareholder and profits, but the Chinese market is notably volatile — so much so that we might want to avoid paying too much attention to them as of yet.
1. Yes Bank Limited
This stock has surged 87 percent since April, and has maintained the same average return during the same period.
2. State Bank of India Limited
State Bank of India has delivered consistent gains from April to January, and stocks in the banking sector tend to appreciate in the first couple of months of a fiscal year.
3. Vedanta Limited
Vedanta Limited has a quick record of annual gains: year-to-date, the company delivered an increase of more than 30 percent.
4. Bandhan Bank Limited
The bank has begun delivering consistent gains since October, outpacing the S&P by almost 20 percent.
5. Bharti Airtel Limited
This telecommunications company has delivered a performance of over 5 percent from April to January, and has exceeded its yearly return from April 2016 to March 2018 by 22 percent.
6. Bharti Infratel Limited
With business recently outperforming estimates and Moody’s upgrading its credit rating, Bharti Infratel is looking even stronger than it had before.
7. Tata Consultancy Services Limited
Both Q3 2018 revenues and earnings beat consensus estimates, indicating the growth of one of India’s biggest companies is likely sustainable.
8. Tata Motors Limited
Tata Motors had a recent disappointing quarter, but it remains a strong stock for investors.
9. Vodafone Idea Limited
Vodafone Idea had a recent disappointing quarter, but it remains a strong stock for investors.
10. DLF Limited
DLF Limited is one of India’s largest developers, and operates in a variety of sectors, including real estate, financials, hotels, and logistics. DLF is a growth company; since April, it has enjoyed a consistent 20 percent annual gain.