Conglomerate Stocks in India List

Conglomerate stocks refer to shares of companies that operate in multiple, often unrelated industries. These firms diversify their operations to reduce risk and stabilize earnings. By owning various businesses, conglomerates can capitalise on different market opportunities, potentially offering investors a balanced portfolio and greater resilience during economic fluctuations.

The table below shows the conglomerate stocks in India list based on the highest market capitalisation and 1-year return.

Stock Name	Market Cap (₹ Cr)	Close Price (₹)	1Y Return (%)
Siemens Ltd	100906.75	2833.5	-0.52
Kama Holdings Ltd	8289.48	2583.15	-6.67
Balmer Lawrie and Company Ltd	3272.5	191.37	-30.71
Sindhu Trade Links Ltd	2773.93	19.05	-21.44
Balmer Lawrie Investments Ltd	1590.43	71.65	0.23
Zuari Industries Ltd	873.15	293.19	-17.43
Jaiprakash Associates Ltd	861.56	3.51	-82.27
TAAL Enterprises Ltd	719.11	2307.55	-18.75
Black Rose Industries Ltd	499.34	97.91	-26.49
Forbes & Company Ltd	449.13	348.2	-51.9

Introduction To Conglomerate Stocks In India

Siemens Ltd

The Market Cap of Siemens Ltd is ₹100,906.75 crore. The stock’s 1-month return is 11.24%, and its 1-year return is -0.52%. The stock is currently 24.83% away from its 52-week high.

Siemens Ltd, a leader in the engineering and technology sector, operates across various industries including automation, digitalization, and electrification. Known for its innovative solutions, Siemens has a strong presence in sectors such as energy, healthcare, mobility, and infrastructure. The company’s focus on sustainable technologies and digital transformation has enabled it to maintain a competitive edge in the market. Siemens is also known for providing cutting-edge solutions that help industries optimize their processes and improve operational efficiency.

In addition to its market leadership, Siemens has consistently focused on research and development to stay ahead of technological trends. The company’s broad portfolio of solutions and services continues to strengthen its position in the global market. Despite experiencing a minor dip in its stock value over the past year, Siemens remains a dominant player in its field, known for delivering high-quality, innovative products and services that cater to a wide range of industries worldwide.

Kama Holdings Ltd

The Market Cap of Kama Holdings Ltd is ₹8,289.48 crore. The stock’s 1-month return is -1.24%, and its 1-year return is -6.67%. The stock is currently 9.97% away from its 52-week high.

Kama Holdings Ltd is a prominent player in the Indian market, with a diversified business portfolio that spans multiple sectors including chemicals, industrial products, and more. The company has built a reputation for its sustainable and efficient solutions that cater to a wide range of industries. Over the years, Kama Holdings has developed a strong network of clients and customers, contributing to its solid market presence. The company is also known for its commitment to continuous growth, adapting its business strategies in line with evolving market trends and customer demands.

Despite facing challenges in the stock market with a slight decline in its return over the past year, Kama Holdings Ltd has remained resilient, leveraging its diverse portfolio and robust operational framework. The company continues to maintain a strong market position while strategically diversifying its assets to minimize risks and maximize opportunities for long-term growth.

Balmer Lawrie and Company Ltd

The Market Cap of Balmer Lawrie and Company Ltd is ₹3,272.50 crore. The stock’s 1-month return is 4.57%, and its 1-year return is -30.71%. The stock is currently 30.54% away from its 52-week high.

Balmer Lawrie and Company Ltd is a leading diversified conglomerate in India with a wide range of business operations. The company operates in sectors like travel, industrial packaging, logistics, and lubricants, providing a broad spectrum of services and products to various industries. Balmer Lawrie has built a strong reputation for its high-quality offerings, which have made it a trusted partner for numerous clients in India and abroad.

Despite a decline in the stock’s performance over the last year, the company remains an important player in the Indian business landscape. With its robust infrastructure, diverse product offerings, and strong market presence, Balmer Lawrie is well-positioned to overcome challenges and capitalize on opportunities for future growth, maintaining its leadership position across multiple sectors.

Sindhu Trade Links Ltd

The Market Cap of Sindhu Trade Links Ltd is ₹2,773.93 crore. The stock’s 1-month return is 2.15%, and its 1-year return is -21.44%. The stock is currently 46.54% away from its 52-week high.

Sindhu Trade Links Ltd operates primarily in the transportation and logistics sector. The company is known for its efficient supply chain and logistics solutions, serving various industries that require dependable and timely delivery of goods. With a strong network and vast experience in the transportation industry, Sindhu Trade Links has built its reputation as a reliable partner for businesses seeking efficient and cost-effective solutions for their logistics needs.

Although the company has faced some downturns in its stock price over the past year, it remains a key player in the logistics sector. With its strong operational framework and continued focus on optimizing its services, Sindhu Trade Links is well-equipped to navigate challenges and leverage its market expertise to sustain long-term growth in a competitive industry.

Balmer Lawrie Investments Ltd

The Market Cap of Balmer Lawrie Investments Ltd is ₹1,590.43 crore. The stock’s 1-month return is 3.97%, and its 1-year return is 0.23%. The stock is currently 19.48% away from its 52-week high.

Balmer Lawrie Investments Ltd is primarily focused on investment activities and holding investments across various sectors. The company operates with a long-term growth strategy, investing in multiple assets and industries to generate steady returns for its shareholders. With a focus on creating value through strategic investments, Balmer Lawrie Investments plays a crucial role in managing its portfolio to maximize returns.

The company’s relatively stable stock performance, as indicated by a modest return in the past year, reflects its careful and calculated investment approach. By diversifying its investments and focusing on high-quality assets, Balmer Lawrie Investments is well-positioned for sustainable growth. With its disciplined investment strategy, the company continues to create value and secure financial stability for its stakeholders.

Zuari Industries Ltd

The Market Cap of Zuari Industries Ltd is ₹873.15 crore. The stock’s 1-month return is 19.85%, and its 1-year return is -17.43%. The stock is currently 27.48% away from its 52-week high.

Zuari Industries Ltd, an integral player in the Indian industrial sector, is known for its contribution to the chemical and fertilizer industries. The company has a long history of producing high-quality fertilizers and chemicals, catering to a wide range of agricultural and industrial applications. Over the years, Zuari Industries has built a strong reputation for its reliable products and services, ensuring the growth and sustainability of its operations.

Although the company experienced a decline in its stock performance over the past year, Zuari Industries has demonstrated resilience, maintaining its position as a trusted name in the industry. With a strategic focus on innovation and quality, the company is well-positioned to continue its growth trajectory and capitalize on opportunities in the global market.

Jaiprakash Associates Ltd

The Market Cap of Jaiprakash Associates Ltd is ₹861.56 crore. The stock’s 1-month return is -10.69%, and its 1-year return is -82.27%. The stock is currently 24.91% away from its 52-week high.

Jaiprakash Associates Ltd is a well-known construction and infrastructure company in India, primarily engaged in the development of large-scale projects across sectors such as real estate, cement, and power. With its vast experience in executing high-value projects, Jaiprakash Associates has established itself as a key player in India’s infrastructure sector. The company’s focus on delivering quality infrastructure has earned it a strong reputation among its clients and stakeholders.

However, the stock has seen a sharp decline over the past year, reflecting the challenges faced by the company in terms of its market performance and profitability. Despite these setbacks, Jaiprakash Associates remains focused on completing its major projects and continuing its role as a major contributor to India’s infrastructure development. With a focus on long-term growth and project execution, the company is poised to regain its momentum in the future.

TAAL Enterprises Ltd

The Market Cap of TAAL Enterprises Ltd is ₹719.11 crore. The stock’s 1-month return is -15.73%, and its 1-year return is -18.75%. The stock is currently 9.88% away from its 52-week high.

TAAL Enterprises Ltd operates primarily in the aviation sector, offering a variety of services ranging from air chartering to aircraft maintenance and management. The company’s specialized services cater to both commercial and private aviation needs, providing high-quality solutions in a niche market. With its expertise in the aviation industry, TAAL Enterprises has been able to build a loyal customer base while expanding its market reach.

Despite facing challenges in the stock market, the company remains committed to expanding its operations and enhancing its service offerings. The decline in its stock price over the past year does not detract from its potential for growth, as TAAL Enterprises continues to focus on delivering superior service and exploring opportunities to expand its aviation-related services.

Black Rose Industries Ltd

The Market Cap of Black Rose Industries Ltd is ₹499.34 crore. The stock’s 1-month return is -2.55%, and its 1-year return is -26.49%. The stock is currently 12.54% away from its 52-week high.

Black Rose Industries Ltd is a leading chemical manufacturing company in India, known for its wide range of products including specialty chemicals and dyes. The company serves various industries such as textiles, agriculture, and plastics, offering innovative solutions that cater to specific market needs. Black Rose Industries has established a reputation for high-quality products and customer-focused solutions.

Despite a decrease in its stock value over the past year, Black Rose Industries Ltd remains a strong player in the chemical manufacturing sector. The company continues to focus on expanding its product portfolio and enhancing its operational efficiency to meet the ever-growing demand for high-quality chemicals. With a robust operational model and focus on innovation, Black Rose Industries is well-positioned to bounce back and deliver value to its stakeholders.

Forbes & Company Ltd

The Market Cap of Forbes & Company Ltd is ₹449.13 crore. The stock’s 1-month return is 14.24%, and its 1-year return is -51.90%. The stock is currently 31.72% away from its 52-week high.

Forbes & Company Ltd is a diversified conglomerate with interests in various sectors, including engineering, construction, and industrial goods. The company has been operational for decades, providing high-quality products and services that meet the evolving needs of its clients. With a strong focus on innovation and customer satisfaction, Forbes & Company has built a reputation for excellence in its business dealings.

While the company has faced significant challenges in the stock market, as reflected by its steep decline in the past year, Forbes & Company remains focused on its long-term growth objectives. The company’s solid track record of quality and innovation positions it well for future growth as it continues to adapt to market trends and explore new opportunities for expansion.

What are Conglomerate Stocks?

Conglomerate stocks refer to shares of companies that operate in diverse and unrelated industries. These firms typically manage a range of subsidiaries that produce varied products or services, allowing them to benefit from diversification and reduce risk exposure across sectors.  

Investing in conglomerate stocks can provide stability, as they are less affected by downturns in a single market due to their multiple revenue streams. This diversified approach can enhance financial resilience and, in some cases, lead to attractive returns for investors who appreciate broad market exposure.

Features Of Conglomerate Stocks

The key feature of conglomerate stocks is Diversification. Conglomerate stocks benefit from multiple revenue streams across industries, reducing dependence on a single sector. This diversification helps safeguard against downturns in any one industry, providing greater resilience to economic changes.

1. Economies of Scale: Conglomerates often benefit from operational efficiencies, such as bulk purchasing and shared infrastructure. These economies of scale can lead to higher profitability and competitive advantages, positively impacting stock performance over time.
2. Risk Mitigation: By operating in varied sectors, conglomerates can mitigate sector-specific risks. Losses in one area can often be offset by gains in another, offering more stability to investors compared to single-sector stocks.
3. Acquisition Opportunities: Conglomerates frequently acquire companies to expand their portfolios. These acquisitions can drive stock value, create growth opportunities and lead to enhanced market share, providing greater returns to investors over time.
4. Long-Term Growth Potential: Conglomerates typically focus on long-term value creation by entering new markets or industries. Their diversified business models can drive sustained growth, making them appealing to investors with long-term investment strategies.

Best Conglomerate Stocks in India Based On 6 Month Return

The table below shows the best conglomerate stocks in India based on a 6-month return.

Stock Name	Close Price (₹)	6M Return (%)
Fervent Synergies Ltd	24.5	37.95
Gillanders Arbuthnot & Co Ltd	112.11	35.46
Kratos Energy & Infrastructure Ltd	431.9	33.96
Dcm Ltd	105.2	17.96
Amin Tannery Ltd	2.49	12.16
Vaarad Ventures Ltd	13.93	9.51
Kama Holdings Ltd	2583.15	3.86
SAB Industries Ltd	173.95	-1.81
Bombay Cycle and Motor Agency Ltd	1654.9	-2.09
Balmer Lawrie Investments Ltd	71.65	-2.33

Top Conglomerate Stocks In India Based On 5 Year Net Profit Margin

The table below shows the top conglomerate stocks in India based on 5-year net profit margin.

Stock Name	Close Price (₹)	5Y Avg Net Profit Margin (%)
Jonjua Overseas Ltd	8.81	27.58
Forbes & Company Ltd	348.2	24.52
TAAL Enterprises Ltd	2307.55	19.65
Odyssey Corporation Ltd	21.22	10.38
Siemens Ltd	2833.5	9.27
Balmer Lawrie and Company Ltd	191.37	8.52
Kama Holdings Ltd	2583.15	7.33
Super Sales India Ltd	919.85	5.76
Balmer Lawrie Investments Ltd	71.65	5.37
Black Rose Industries Ltd	97.91	5.32

Best Conglomerate Stocks Based On 1M Return

The table below shows the best conglomerate stocks based on a 1-month return.

Stock Name	Close Price (₹)	1M Return (%)
Zuari Industries Ltd	293.19	19.85
Gillanders Arbuthnot & Co Ltd	112.11	18.44
Mitshi India Ltd	16.66	17.17
Future Enterprises Ltd	0.65	16.36
Forbes & Company Ltd	348.2	14.24
Siemens Ltd	2833.5	11.24
SAB Industries Ltd	173.95	10.68
Dcm Ltd	105.2	8.08
Amin Tannery Ltd	2.49	6.72
Fervent Synergies Ltd	24.5	6.24

High Dividend Yield Conglomerate Stocks

The table below shows the top conglomerate stocks in India based on dividend yield.

Stock Name	Close Price (₹)	Dividend Yield (%)
Balmer Lawrie Investments Ltd	71.65	5.3
Balmer Lawrie and Company Ltd	191.37	4.44
Kama Holdings Ltd	2583.15	3.91
Super Sales India Ltd	919.85	0.76
Black Rose Industries Ltd	97.91	0.66
Siemens Ltd	2833.5	0.42
Zuari Industries Ltd	293.19	0.34
Bombay Cycle and Motor Agency Ltd	1654.9	0.3
Bombay Oxygen Investments Ltd	22665	0.11

Historical Performance Of Best Conglomerate Stocks In India

The table below shows the historical performance of best conglomerate stocks in India based on 5-year CAGR.

Stock Name	Close Price (₹)	5Y CAGR (%)
Odyssey Corporation Ltd	21.22	83.14
TAAL Enterprises Ltd	2307.55	82.82
Sindhu Trade Links Ltd	19.05	60.3
Zuari Industries Ltd	293.19	46.97
Fortune International Ltd	56.72	43.32
Dcm Ltd	105.2	38.69
Siemens Ltd	2833.5	37.83
Gillanders Arbuthnot & Co Ltd	112.11	37.51
Super Sales India Ltd	919.85	33.74
Amin Tannery Ltd	2.49	27.47

Factors To Consider When Investing In Conglomerate Stocks India

The factor to consider when investing in conglomerate stocks in India is business diversity. Conglomerates typically span multiple industries, which can help reduce risk but also require a deeper understanding of various sectors.

1. Market Capitalization: Assess the company’s market capitalization to gauge its stability. Large-cap conglomerates often provide more stability, while mid and small-caps might offer higher growth potential but come with increased risks.
2. Financial Health: Examine the conglomerate’s balance sheet, debt levels and cash flow. A strong financial position enables better resilience during economic downturns and provides the ability to invest in growth opportunities.
3. Management Expertise: Evaluate the experience and track record of the management team. Strong leadership is crucial for navigating diverse industries, making strategic decisions and ensuring long-term profitability.
4. Earnings Consistency: Review the conglomerate’s historical earnings performance. Consistent earnings growth across different sectors indicates strong management and operational efficiency, essential for long-term shareholder returns.
5. Regulatory Environment: Understand the regulatory landscape in each of the conglomerate’s sectors. Changes in government policies or industry-specific regulations can impact the profitability and operational efficiency of the conglomerate.

How To Invest In Conglomerate Stocks?

To invest in conglomerate stocks, research for companies that operate across diverse industries. Use platforms like Alice Blue for trading. Analyze their financials, stability and growth potential. Diversify your portfolio by selecting stocks with consistent performance. Regularly monitor market trends and adjust your investments to balance risk and returns effectively for long-term gains.

Impact Of Market Trends On Conglomerate Stocks in India

Market trends significantly influence conglomerate stocks in India, shaping their growth and stability. Fluctuations in economic conditions, such as inflation or GDP growth, affect the various industries these conglomerates operate, leading to diverse performance outcomes.

Additionally, technological advancements and government policies play a pivotal role in driving sector-specific growth, impacting the overall profitability of conglomerates. Key sectors like infrastructure, manufacturing and energy are particularly sensitive to these changes.

Finally, global market trends, such as trade relations or currency fluctuations, can also directly impact conglomerates with international exposure.

How Do Conglomerate Stocks Perform In Economic Downturns?

Typically, these diversified companies hold investments in various sectors, which can provide some resilience against market volatility. When one industry suffers, others may remain stable or even thrive, potentially cushioning the overall impact on the conglomerate’s performance.

However, the effectiveness of this diversification depends on the degree of economic distress and the sectors involved. In severe downturns, even conglomerates might struggle due to widespread consumer spending cuts and decreased demand. Ultimately, while conglomerate stocks can offer some protection, they are not immune to economic challenges.

Benefits Of Conglomerate Stocks in India

The primary advantage of Conglomerate Stocks in India is Revenue Stability. Conglomerates generate income from various sectors, leading to greater revenue stability. When one industry faces challenges, another may thrive, offsetting losses and ensuring smoother financial performance over time.

1. Economies of Scale: These large firms benefit from economies of scale, reducing operational costs. Their extensive resources and infrastructure allow them to negotiate better deals, leading to increased profitability and competitiveness.
2. Cross-industry Opportunities: Conglomerates can capitalize on synergies between different businesses. This allows them to leverage technology, customer bases, or distribution networks across sectors, creating opportunities for innovation and expansion.
3. Reduced Volatility: Investing in conglomerate stocks reduces market volatility risks. Due to their diverse business model, these companies are better positioned to weather economic downturns in specific sectors, providing more consistent returns to investors.
4. Long-term Growth Potential: Conglomerates often operate in growing industries, offering significant long-term growth potential. Their diverse business operations provide multiple avenues for expansion, ensuring robust prospects for investors looking for sustained value creation.

Risks Of Investing In Conglomerate Stocks

The main risk of investing in conglomerate stocks lies in their diverse business operations. This diversification can lead to complexities that make it difficult for investors to assess overall performance and future potential accurately.

1. Market Sensitivity: Conglomerates often operate across various sectors, making them sensitive to market fluctuations. Changes in economic conditions can affect different parts of their business unevenly, complicating financial stability.
2. Management Challenges: Managing diverse business units can stretch management resources thin. Ineffective leadership or strategic misalignment across segments may lead to underperformance in certain areas, impacting overall profitability.
3. Regulatory Risks: Conglomerates may face increased scrutiny from regulators due to their size and market influence. Regulatory changes can lead to unexpected compliance costs, affecting profit margins and operational flexibility.
4. Performance Discrepancies: The performance of individual business units can vary significantly, potentially masking the overall health of the conglomerate. Poor performance in one area may overshadow successes in others, leading to investor uncertainty.
5. Capital Allocation Issues: Effective capital allocation becomes crucial in a conglomerate setting. Poor decisions on resource distribution among various units can lead to suboptimal returns, diminishing overall shareholder value and investor confidence.

Conglomerate Stocks in India’s GDP Contribution

Conglomerate stocks in India play a significant role in the country’s economic landscape, contributing substantially to the GDP. These diversified companies span multiple sectors, enabling them to leverage various market opportunities and mitigate risks. Their broad operational scope helps stabilize revenue streams, making them resilient against sector-specific downturns.

The contribution of conglomerates to GDP is evident through their investments in infrastructure, technology and consumer goods. By fostering innovation and employment, they drive economic growth and enhance overall productivity. As such, these stocks are crucial for both investors and the national economy.

Who Should Invest In Conglomerate Stocks?

Investing in conglomerate stocks can be a strategic choice for a variety of investors. These companies often operate across multiple industries, offering stability and diversification, making them suitable for different investment profiles.

1. Risk-Averse Investors: Individuals looking for lower volatility may find conglomerate stocks appealing due to their diverse revenue streams, which can cushion against market fluctuations and economic downturns.
2. Long-Term Investors: Those with a long-term horizon can benefit from the potential growth of conglomerates, as these companies often reinvest profits into various sectors, enhancing their overall market position over time.
3. Value Investors: Investors seeking undervalued opportunities might find attractive deals in conglomerate stocks, especially during market corrections when these diversified companies can maintain profitability better than their peers.
4. Portfolio Diversifiers: Investors aiming to diversify their portfolios can benefit from conglomerates, as they provide exposure to multiple sectors, reducing overall portfolio risk while potentially increasing returns.
5. Income Seekers: Those interested in generating income may find conglomerate stocks appealing, as many established firms offer dividends, providing a reliable income stream alongside potential capital appreciation.

FAQs – Best Conglomerate Stocks In India

Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:

Shares Below 5	Cable stocks	High-beta Stocks	Solution Oriented Mutual Funds	List Of Kalyani Stocks
Sugar Stocks Below 50	Drone stocks india	Monopoly Stocks	Best Arbitrage Mutual Funds	List of Kirloskar Stocks
Sugar Stocks Below 500	Telecommunication Stocks	Lower Circuit Stocks	Best Index Funds in India	Mahindra & Mahindra Group Stocks
Industrial Machinery Stocks Below 500	Oil and gas stocks in india	Upper Circuit Stocks	Best SWP In Mutual Fund	Piramal Ajay Group Stocks
Industrial Machinery Stocks Above 1000	tourism stocks india	Construction & Engineering Stocks With High Dividend Yield	Best Mutual Fund For Short Term For 1 Year	Chidambaram Group Stocks
Renewable Energy Stocks Below Rs 500	Biotechnology Stocks	Consumer Finance Stocks With High Dividend Yield	Small Cap Auto Parts Stocks	Mahendra Girdharilal Portfolio
Agriculture Penny Stocks In India	stationery stocks	Pharma Stocks With High Dividend Yield	Small Cap Companies	Minal Bharat Patel Portfolio
Best NBFC Penny Stocks In India	Travel Stocks	Tires & Rubber Stocks With High Dividend Yield	Small Cap Stocks Under 50 Rs	Manish Jain Portfolio
Highest dividend Paying Penny Stocks	Top Sectors to Benefit From BJP win.	Debt Free Companies	Small Cap Stocks 100	Mita Dipak Shah Portfolio
Penny Pharma stocks	Best Tractors Stocks	Best Debt Free Stocks under Rs 1000	Small Cap Stocks Under 500 Rs	Raj Kumar Lohia Portfolio
Best Auto Parts Penny Stocks	Best IT Hardware Stocks	Debt Free Stocks Under 5	Mid Cap Stocks	Raju Bhandari Portfolio
Best Battery Penny Stocks	Best Business Support Stocks	Debt Free Stocks Under 20	List Of Mid Cap Stocks In Nse	Fundamentally Strong Mid Cap Stocks
Nifty Oil and Gas	Best Housewares Stocks	Debt Free Stocks Under 200 Rs	Best Mid Cap Stocks Under 100 Rs	Fundamentally Strong Stocks in NSE
Nifty Commodities	List of Online Services Stocks	Debt Free Stocks Below 100	Midcap Stocks under 50	Fundamentally Strong Stocks in BSE
Nifty Housing	Best Wood Product Stocks	Debt Free Auto Parts Stocks	Midcap Stocks under 500	Fundamentally Strong Stocks Under 1 rs
Nifty MidSmall IT & Telecom	Long Term Logistics Stocks	Debt Free Software Services Stocks	Large Cap Stocks	Fundamentally Strong Stocks Under 20
Nifty India Digital	Long Term Personal Products Stocks	Debt Free IT Services Stocks	Large Cap Stocks List In Nse	Best Performing Stocks in Last 5 Years
BSE smallcap	Long Term Gas Distribution Stocks	Long Term Asset Management Stocks	Large cap stocks under 100	Best Performing Stocks Last 1 Month
BSE Tech	Long Term Two Wheelers Stocks	Long Term Alcoholic Beverages Stocks	Large cap stocks under 200	Best Performing Stocks in Last 10 Years
BSE PSU	Personal Products Stocks	Top Mutual Funds for SIP 10 years	Large cap stocks under 500	Best Performing Stocks in Last 6 Months
BSE Cap Goods	Jewellery Stocks With High Dividend Yield	Best Multi Cap Mutual Funds	IDFC Group Stocks	Best Performing Stocks in Last 1 Years

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.