The table below shows the Best Modi Stocks based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price (₹) |
ICICI Bank Ltd | 920757.19 | 1304.95 |
State Bank of India | 749132.61 | 839.4 |
Mahindra and Mahindra Ltd | 357831.47 | 2985.2 |
Axis Bank Ltd | 354240.82 | 1144.8 |
NTPC Ltd | 350679.93 | 361.65 |
Maruti Suzuki India Ltd | 344080.6 | 10943.95 |
Oil and Natural Gas Corporation Ltd | 319853.6 | 254.25 |
Hindustan Aeronautics Ltd | 291890.19 | 4364.55 |
Table of Contents
What are Modi Stocks?
Modi stocks typically refer to shares of Indian companies that may benefit from policies implemented by Narendra Modi’s government. These include sectors like infrastructure, energy, and digital services, which are expected to grow due to government initiatives and reforms.
Such stocks are often associated with industries that align closely with the government’s development and reform agendas. For instance, companies in renewable energy or digital infrastructure might see growth due to favorable policies and significant government spending in these areas.
Investors often look at these stocks as potentially high-reward opportunities. The belief is that government backing and support for certain sectors can drive company performance, making these stocks attractive for those looking to capitalize on government-influenced market dynamics.
Best Modi Stocks
The table below shows Best Modi Stocks based on 1 Year Return.
Name | Close Price (rs) | 1Y Return (%) |
Mahindra and Mahindra Ltd | 2985.2 | 94.48 |
Hindustan Aeronautics Ltd | 4364.55 | 87.58 |
State Bank of India | 839.4 | 49.61 |
NTPC Ltd | 361.65 | 43.04 |
ICICI Bank Ltd | 1304.95 | 40.57 |
Oil and Natural Gas Corporation Ltd | 254.25 | 32.97 |
Axis Bank Ltd | 1144.8 | 13.2 |
Maruti Suzuki India Ltd | 10943.95 | 4.63 |
List of Modi Stocks
The table below shows a List of Modi Stocks based on 1 Month Return.
Name | Close Price (rs) | 1M Return (%) |
Mahindra and Mahindra Ltd | 2985.2 | 11.66 |
State Bank of India | 839.4 | 7.44 |
Hindustan Aeronautics Ltd | 4364.55 | 2.6 |
ICICI Bank Ltd | 1304.95 | 0.93 |
Oil and Natural Gas Corporation Ltd | 254.25 | -1.06 |
Axis Bank Ltd | 1144.8 | -2.88 |
Maruti Suzuki India Ltd | 10943.95 | -4.57 |
NTPC Ltd | 361.65 | -8.2 |
Top Modi stocks
The table below shows Top Modi stocks based on the highest day Volume.
Name | Close Price (rs) | Daily Volume (Shares) |
NTPC Ltd | 361.65 | 11200831 |
Oil and Natural Gas Corporation Ltd | 254.25 | 9180499 |
State Bank of India | 839.4 | 8854144 |
ICICI Bank Ltd | 1304.95 | 7558742 |
Axis Bank Ltd | 1144.8 | 5118966 |
Mahindra and Mahindra Ltd | 2985.2 | 2136474 |
Hindustan Aeronautics Ltd | 4364.55 | 1953209 |
Maruti Suzuki India Ltd | 10943.95 | 405861 |
How To Invest in the Modi’s Stocks?
To invest in stocks that may benefit from Modi’s policies, consider sectors like infrastructure, defense, and financial services. Research companies aligned with the government’s initiatives and consult with a reliable broker to create a diversified portfolio tailored to your investment goals and risk tolerance.
Modi’s government has been focusing on infrastructure development, such as building roads, railways, and smart cities. This presents opportunities for companies in construction, engineering, and related industries. Additionally, the government’s emphasis on domestic manufacturing and defense modernization could benefit companies in those sectors.
However, it’s crucial to conduct thorough research and analysis before investing. Evaluate company fundamentals, market conditions, and potential regulatory changes. Seek guidance from experienced financial advisors at Alice Blue, who can provide valuable insights and help you navigate the market to make informed investment decisions based on your specific circumstances.
Performance Metrics Of Modi Stocks In India
“Modi stocks” refer to companies likely benefiting from the Indian government’s initiatives under Prime Minister Narendra Modi. These stocks often pertain to sectors like infrastructure, digital technology, and renewable energy, demonstrating varying performance based on policy impact and sectoral growth.
Performance metrics of these stocks typically include growth rate, earnings per share, and market capitalization. Positive government policies can boost infrastructure spending, improving profitability and investor sentiment in these sectors. However, performance can vary widely among individual stocks.
Analyzing such stocks involves looking at long-term trends and how closely tied a company’s fortunes are to government initiatives. For example, firms in renewable energy may show enhanced growth metrics due to aggressive sustainability targets set by the government.
Benefits of Investing in the Best Modi Stocks
The main benefits of investing in the best Modi stocks include potential high returns due to government backing of certain industries, enhanced stability from strong policy support, and the opportunity to capitalize on India’s growth sectors such as infrastructure, renewable energy, and technology.
- High Returns Potential: Investing in Modi stocks can lead to substantial returns as government-backed initiatives often result in rapid sector growth. Companies benefiting from favorable policies, such as infrastructure development and digitalization, are likely to experience increased profitability and investor confidence, driving stock prices higher.
- Strong Policy Support: Modi stocks often enjoy strong policy support, which reduces regulatory risks and enhances business stability. Government initiatives and subsidies in sectors like renewable energy and technology provide a supportive environment, ensuring sustained growth and reducing uncertainties for investors.
- Capitalizing on India’s Growth: Investing in Modi stocks allows investors to tap into India’s robust economic growth. Sectors like infrastructure, technology, and renewable energy are poised for significant expansion, driven by government focus and funding, offering investors the opportunity to participate in the country’s development and benefit from long-term gains.
Challenges Of Investing In Modi Stocks
The main challenges of investing in Modi stocks include regulatory uncertainties, as government policies can change and affect sector performance. Additionally, these stocks may face market volatility and political risks, making it crucial for investors to stay informed and diversify their portfolios.
- Political Risks: Investing in Modi stocks comes with political uncertainties. Changes in government policies, international relations, and domestic political events can significantly impact market sentiment and stock prices. Investors must stay informed and be prepared to navigate the ups and downs of the political landscape.
- Regulatory Changes: Modi’s government is known for introducing sweeping regulatory changes across various sectors. While some reforms may be beneficial, others can disrupt businesses and affect stock valuations. Investors should closely monitor regulatory developments and assess their potential impact on their portfolio companies.
- Market Volatility: Modi stocks are not immune to overall market volatility. Global economic factors, trade tensions, and sector-specific challenges can trigger sharp price movements. Investors must have a strong risk appetite and the ability to withstand short-term fluctuations while keeping their eye on long-term goals.
- Overhyped Sectors: Some sectors and companies may experience excessive hype due to their association with Modi’s policies. Investors should be cautious of overly optimistic projections and inflated valuations. Thorough fundamental analysis and a realistic assessment of growth prospects are crucial to avoid falling into the hype trap.
- Lack of Diversification: Concentrating investments solely in Modi stocks can lead to a lack of diversification. Investors should aim to create a well-balanced portfolio that includes a mix of sectors, market caps, and investment styles. Diversification helps mitigate risks and ensures exposure to a broader range of opportunities.
Introduction to Modi Stocks
ICICI Bank ltd
The Market Cap of ICICI Bank Ltd is Rs. 920757.19 crores. The stock’s monthly return is 0.93%. Its one-year return is 40.57%. The stock is 4.4% away from its 52-week high.
ICICI Bank Limited, an India-based banking company, offers a comprehensive range of banking and financial services, including commercial banking and treasury operations. The Bank operates in six segments: Retail banking, Wholesale banking, Treasury, Other banking, Life insurance, and Others. These segments encompass various products, services, and subsidiaries catering to different customer needs and market segments.
The Bank’s geographical presence is divided into Domestic and Foreign operations. ICICI Bank UK PLC and ICICI Bank Canada are the Bank’s banking subsidiaries, while ICICI Prudential Life Insurance Company Limited represents the life insurance segment. ICICI Home Finance Company Limited and ICICI Venture Funds Management Company Limited, among others, fall under the Others segment.
State Bank of India
The Market Cap of State Bank of India is Rs. 749132.61 crores. The stock’s monthly return is 7.44%. Its one-year return is 49.61%. The stock is 8.65% away from its 52-week high.
State Bank of India, an India-based banking and financial services provider, offers a wide range of products and services to various customer segments, including individuals, commercial enterprises, corporates, public bodies, and institutional customers. The Company’s operations are divided into several segments, such as Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business.
The Treasury segment focuses on managing the investment portfolio and engaging in foreign exchange and derivative contracts trading. The Corporate/Wholesale Banking segment handles lending activities for corporate accounts, commercial clients, and stressed assets resolution, including loans and transaction services for corporate and institutional clients, as well as non-treasury operations of foreign offices/entities. The Retail Banking Segment deals with personal banking activities and lending to corporate customers through its branches.
Mahindra and Mahindra Ltd
The Market Cap of Mahindra and Mahindra Ltd is Rs. 357831.47 crores. The stock’s monthly return is 11.66%. Its one-year return is 94.48%. The stock is 7.94% away from its 52-week high.
Mahindra and Mahindra Limited, an Indian conglomerate, operates in various sectors, including automotive, farm equipment, financial services, and industrial businesses. The company’s automotive segment offers a wide range of vehicles, such as SUVs, pickups, commercial vehicles, electric vehicles, and two-wheelers, along with related services and spare parts.
The company’s farm equipment segment provides tractors, implements, and associated services. Mahindra and Mahindra also cater to diverse industries, including aerospace, agribusiness, construction equipment, defense, hospitality, insurance broking, logistics, power backup, retail, steel, real estate, and infrastructure, offering tailored solutions and products.
Axis Bank ltd
The Market Cap of Axis Bank Ltd is Rs. 354240.82 crores. The stock’s monthly return is -2.88%. Its one-year return is 13.2%. The stock is 17.02% away from its 52-week high.
Axis Bank Limited, an India-based company, offers a wide range of banking and financial services through its various segments, including Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. The Treasury segment focuses on investments, trading operations, and foreign exchange services for both the bank and its customers.
The Retail Banking segment provides a variety of products and services, such as liability products, card services, online and mobile banking, ATM services, and financial advisory services. The Corporate/Wholesale Banking segment caters to corporate clients, offering services like corporate advisory, placements, syndication, project appraisals, and cash management. The Other Banking Business segment includes para-banking activities and third-party product distribution.
NTPC ltd
The Market Cap of NTPC Ltd is Rs. 350679.93 crores. The stock’s monthly return is -8.2%. Its one-year return is 43.04%. The stock is 24% away from its 52-week high.
NTPC Limited, an India-based power-generating company, primarily focuses on generating and selling bulk power to State Power Utilities. The company operates through two segments: Generation and Others. Under the Generation segment, NTPC is engaged in the generation and sale of bulk power to state power utilities.
The company’s Other segment provides consultancy, project management, supervision, energy trading, oil & gas exploration, and coal mining services. NTPC operates 89 power stations across various Indian states, either independently or through joint ventures and subsidiaries, including NTPC Vidyut Vyapar Nigam Limited and NTPC Electric Supply Company Limited.
Maruti Suzuki India Ltd
The Market Cap of Maruti Suzuki India Ltd is Rs. 344080.6 crores. The stock’s monthly return is -4.57%. Its one-year return is 4.63%. The stock is 12.39% away from its 52-week high.
Maruti Suzuki India Limited is a leading automobile manufacturer that focuses on producing and selling passenger and commercial vehicles, along with components and spare parts. The company offers aftermarket parts and accessories under the brand names Maruti Suzuki Genuine Parts and Maruti Suzuki Genuine Accessories.
In addition to its core manufacturing business, Maruti Suzuki facilitates pre-owned car sales, fleet management, and car financing. The company’s vehicles are sold through three channels: NEXA, Arena, and Commercial, each offering a diverse range of models catering to different customer segments and preferences.
Oil and Natural Gas Corporation Ltd
The Market Cap of Oil and Natural Gas Corporation Ltd is Rs. 319853.6 crores. The stock’s monthly return is -1.06%. Its one-year return is 32.97%. The stock is 35.69% away from its 52-week high.
Oil and Natural Gas Corporation Limited, an India-based company, operates in the crude oil and natural gas sector. The company’s business segments include Exploration and Production, and Refining and Marketing. It explores, develops, and produces crude oil, natural gas, and value-added products in India and abroad.
ONGC’s diverse portfolio includes downstream operations such as refining and marketing of petroleum products, petrochemicals, power generation, LNG supply, pipeline transportation, SEZ development, and helicopter services. The company has several subsidiaries, including Mangalore Refinery and Petrochemicals Limited, Hindustan Petroleum Corporation Limited, ONGC Videsh Limited, Petronet MHB Limited, and HPCL Biofuels Limited.
Hindustan Aeronautics Ltd
The Market Cap of Hindustan Aeronautics Ltd is Rs. 291890.19 crores. The stock’s monthly return is 2.6%. Its one-year return is 87.58%. The stock is 30.02% away from its 52-week high.
Hindustan Aeronautics Limited (HAL) is an Indian company that specializes in the design, development, manufacture, repair, overhaul, upgrade, and servicing of a wide range of aerospace products. These include aircraft like HAWK, LCA, SU-30 MKI, IJT, DORNIER, and HTT-40, as well as helicopters such as Dhruv, Cheetah, Chetak, Lancer, Cheetal, Rudra, LCH, and LUH.
HAL also produces avionics products, including inertial navigation systems, auto stabilizers, head-up displays, laser range systems, flight data recorders, communication equipment, radio navigation equipment, airborne secondary radars, missile inertial navigation, radar computers, and ground radars. Additionally, the company offers services such as aircraft MRO, helicopter MRO, power plant services, and systems, accessories, and avionics support.
Best Modi Stocks – FAQ
Best Modi Stocks #1: ICICI Bank Ltd
Best Modi Stocks #2: State Bank of India
Best Modi Stocks #3: Mahindra and Mahindra Ltd
Best Modi Stocks #4: Axis Bank Ltd
Best Modi Stocks #5: NTPC Ltd
The Top Best Modi Stocks based on market capitalization.
Top Modi stocks include Mahindra and Mahindra Ltd, Hindustan Aeronautics Ltd, State Bank of India, NTPC Ltd, and ICICI Bank Ltd. These companies have potentially benefited from the Modi government’s policies and initiatives, making them attractive investment options for those seeking exposure to India’s growth story.
In India, “Modi stocks” typically refer to companies that might benefit from policies introduced by Prime Minister Narendra Modi’s government. While there’s no specific category of “Modi stocks,” you can invest in sectors likely favored by current policies, such as infrastructure, energy, and digitalization.
To invest in “Modi stocks,” identify sectors likely to benefit from government policies, such as infrastructure, renewable energy, and digital services. Research companies in these sectors, assess their fundamentals and invest through a brokerage account. Consider mutual funds or ETFs focusing on these areas for diversified exposure.
Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.