Best Stock to buy in 2022 Bear Market - TCS

  Best time to buy a stock ? Well what better than a recession when even the best in the business is available at a steep discount ! TCS is my 1st choice at the moment. Why ? Well, following points speak for itself (1) 2nd Largest IT company in the world with no worry of future business. (2) Largest company of Tata Group which is the largest business group of India.         App. 70 % of profit of  Tata group come from this single company. (3) Continuously growing top line and bottom line of business (4) Available at reasonable valuation with PE multiple of 29 (5) Regular buy back ensures value addition for share holders (6) Major company in both Sensex & Nifty and hence bought by both Indian as           well as Overseas investor. When FII will come back, they buy blue chip shares       like TCS first. (7) Operational for more than 5 decades now with consistent performance track         record.  (8) Need for IT solution across globe will only increase from here which will         

5 Best Penny Stocks in India (5) Tata Steel BSL

Well, 5th & last stock is actually not a penny stock which has per share with closing price of 42.40 on 6th Jan, 21. However, this seems undervalued with potential to go up for sure. Bhusan Steel became Tata Steel BSL after it's acquisition. This group has still debt but iits revenue is continually improving under new management as follows. 

september quarter witnessed highest revenue of 5519.4 crore. 
september quarter also witnessed net profit of 328.08 crore after continuous losses in previous quarters. Operating & Net profit margin also is improving and hence I believe this company also should be on your radar. 

Jai Hind. 

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High Dividend Paying Stocks in India - PART 1

Nifty PE ratio at all time high at 40. sensex about to touch 50,000 mark