Navratna Stocks With Highest Returns In 2024

The table shows the Best Navratna Stocks With the Highest Returns based on Market capitalization and 1Y return.

Name	Market Cap (Cr)	Close Price (rs)	1Y Return (%)
Oil and Natural Gas Corporation Ltd	315513.40	250.80	25.71
Hindustan Aeronautics Ltd	273331.69	4087.05	95.46
Bharat Electronics Ltd	205368.24	280.95	96.40
Rail Vikas Nigam Ltd	87466.59	419.50	161.29
NMDC Ltd	64121.66	218.80	28.86
Container Corporation of India Ltd	47869.21	785.65	3.98
National Aluminium Co Ltd	40382.02	219.87	134.28
NLC India Ltd	32211.57	232.30	43.53
NBCC (India) Ltd	24300.00	90.00	98.09
IRCON International Ltd	18037.21	191.78	21.26

Introduction To Navratna Stocks With Highest Returns In 2024 List

Oil and Natural Gas Corporation Ltd

ONGC is a premier Indian crude oil and natural gas company established to explore, develop, and produce hydrocarbons across India and internationally. It is a major state-owned enterprise engaged in the exploration, production, refining, and marketing of petroleum products, playing a crucial role in India’s energy infrastructure.

• Market Cap: ₹315,513 Crore

• Close Price: ₹250.8

• Returns: 1Y (25.71%), 1M (-11.77%), 6M (-8.28%)

• 5Y CAGR: 12.99%

• Dividend Yield: 4.88%

• 5Y Avg Net Profit Margin: 6.15%

• Sub-Sector: Oil & Gas – Exploration & Production

Hindustan Aeronautics Ltd

Hindustan Aeronautics Limited is a leading Indian aerospace and defense company specializing in the design, development, manufacture, and servicing of aircraft, helicopters, aero engines, and aviation systems. Founded to support India’s aerospace capabilities, it produces a wide range of military and civil aviation products.

• Market Cap: ₹273,332 Crore

• Close Price: ₹4,087

• Returns: 1Y (95.46%), 1M (-9.58%), 6M (-2.28%)

• 5Y CAGR: 58.86%

• Dividend Yield: 0.86%

• 5Y Avg Net Profit Margin: 18.19%

• Sub-Sector: Aerospace & Defense Equipments

Bharat Electronics Ltd

Bharat Electronics Limited is a premier Indian electronics company focused on manufacturing electronic equipment and systems for defense and nondefense markets. It is a key supplier of sophisticated electronic solutions to the Indian armed forces and various civilian sectors.

• Market Cap: ₹205,368 Crore

• Close Price: ₹280.9

• Returns: 1Y (96.40%), 1M (-2.06%), 6M (20.66%)

• 5Y CAGR: 50.45%

• Dividend Yield: 0.78%

• 5Y Avg Net Profit Margin: 15.94%

• Sub-Sector: Electronic Equipments

Rail Vikas Nigam Ltd

Rail Vikas Nigam Limited is a specialized infrastructure development company focused on executing railway infrastructure projects across India. It plays a crucial role in developing and implementing various rail-related infrastructure initiatives, including new lines, gauge conversion, and railway electrification.

• Market Cap: ₹87,467 Crore

• Close Price: ₹419.5

• Returns: 1Y (161.29%), 1M (-11.22%), 6M (52.21%)

• 5Y CAGR: 77.14%

• Dividend Yield: 0.50%

• 5Y Avg Net Profit Margin: 5.96%

• Sub-Sector: Specialized Finance

NMDC Ltd

NMDC Limited is a prominent Indian mineral exploration company, primarily focused on iron ore production. It operates mechanized mines in Chhattisgarh and Karnataka, exploring a range of minerals including copper, rock phosphate, limestone, and diamonds, with a significant presence in the mining sector.

• Market Cap: ₹64,122 Crore

• Close Price: ₹218.8

• Returns: 1Y (28.86%), 1M (-8.07%), 6M (-18.14%)

• 5Y CAGR: 17.29%

• Dividend Yield: 3.31%

• 5Y Avg Net Profit Margin: 31.43%

• Sub-Sector: Mining – Iron Ore

Container Corporation of India Ltd

Container Corporation of India Limited is a leading logistics and transportation services company specializing in container movement, handling, and multimodal transportation. It plays a critical role in India’s logistics infrastructure, operating both international and domestic container transportation services.

• Market Cap: ₹47,869 Crore

• Close Price: ₹785.65

• Returns: 1Y (3.98%), 1M (-11.12%), 6M (-23.52%)

• 5Y CAGR: 6.43%

• Dividend Yield: 1.46%

• 5Y Avg Net Profit Margin: 10.73%

• Sub-Sector: Logistics

National Aluminium Co Ltd

National Aluminium Company Limited is a vertically integrated aluminum manufacturer operating in both chemical and aluminum segments. It produces alumina, and aluminum products, and generates power through thermal and renewable energy sources, with significant operations in Odisha.

• Market Cap: ₹40,382 Crore

• Close Price: ₹219.87

• Returns: 1Y (134.28%), 1M (-3.10%), 6M (16.03%)

• 5Y CAGR: 39.15%

• Dividend Yield: 2.27%

• 5Y Avg Net Profit Margin: 12.10%

• Sub-Sector: Metals – Aluminium

NLC India Ltd

NLC India Limited is a diversified energy company engaged in lignite mining, coal mining, and power generation through thermal and renewable energy sources. It operates multiple lignite and coal mines, along with power stations in Tamil Nadu and Rajasthan.

• Market Cap: ₹32,212 Crore

• Close Price: ₹232.3

• Returns: 1Y (43.53%), 1M (-13.08%), 6M (1.20%)

• 5Y CAGR: 33.69%

• Dividend Yield: 1.29%

• 5Y Avg Net Profit Margin: 10.10%

• Sub-Sector: Metals – Diversified

NBCC (India) Ltd

NBCC is a Navratna CPSE operating in construction and real estate development, providing project management consultancy, engineering procurement and construction services, and real estate development across various sectors in India.

• Market Cap: ₹24,300 Crore

• Close Price: ₹90

• Returns: 1Y (98.09%), 1M (-19.56%), 6M (-0.07%)

• 5Y CAGR: 29.34%

• Dividend Yield: 0.47%

• 5Y Avg Net Profit Margin: 2.73%

• Sub-Sector: Construction & Engineering

IRCON International Ltd

Ircon International Limited is an integrated engineering and construction company specializing in infrastructure projects across railways, highways, bridges, metro systems, and international markets. It executes complex infrastructure projects in India and several other countries.

• Market Cap: ₹18,037 Crore

• Close Price: ₹191.78

• Returns: 1Y (21.26%), 1M (-14.35%), 6M (-21.00%)

• 5Y CAGR: 36.28%

• Dividend Yield: 1.62%

• 5Y Avg Net Profit Margin: 7.56%

• Sub-Sector: Construction & Engineering

What Is Navratna Company?

A Navratna Company is a government-owned enterprise in India granted autonomy to invest and expand its operations. This status is awarded to companies demonstrating excellent financial performance, profitability, and market presence, allowing them to contribute significantly to the nation’s economic growth.

Navratna status offers companies operational freedom, including higher investment limits without government approval. These firms operate in key sectors like energy, mining, and infrastructure, playing a critical role in India’s industrial and economic development, with increased efficiency and global competitiveness.

The Navratna designation ensures these companies maintain strong governance and financial discipline while fulfilling national priorities. Their robust performance makes them attractive investment options, providing stability, growth potential, and consistent returns for stakeholders in a rapidly evolving economic landscape.

Features Of Top Navratna Stocks With Highest Returns

The main features of top-performing Navratna stocks include strong financial health, consistent profitability, and significant market presence. These government-owned enterprises operate in key sectors like energy and infrastructure, benefiting from operational autonomy and strategic importance, leading to attractive returns for investors.

• Strong Financial Health: Navratna stocks exhibit robust balance sheets with consistent revenue and profit growth, supported by efficient operations and government backing, ensuring financial stability and resilience against market fluctuations.

• Market Leadership: Operating in strategic sectors like energy, mining, and infrastructure, Navratna companies dominate their industries, benefiting from competitive advantages and critical importance to national development.

• Operational Autonomy: Navratna status grants companies greater decision-making freedom, enabling timely investments and expansions, fostering innovation and efficiency, and driving superior performance compared to non-Navratna public enterprises.

• Attractive Dividends: These companies often provide regular and high dividend payouts, making them appealing for income-focused investors seeking steady returns alongside capital appreciation potential.

• Economic Contribution: Navratna stocks play a pivotal role in India’s economic growth, contributing significantly to GDP through industrial output, infrastructure development, and employment generation, enhancing their strategic and investment appeal.

Top Navratna Stocks With Highest Returns Based On 6 Month Return

The table shows the Top Navratna Stocks With Highest Returns Based On 6 Month Return.

Name	Close Price (rs)	6M Return %
Rail Vikas Nigam Ltd	419.50	52.21
Bharat Electronics Ltd	280.95	20.66
National Aluminium Co Ltd	219.87	16.03
NLC India Ltd	232.30	1.20
NBCC (India) Ltd	90.00	-0.07
Hindustan Aeronautics Ltd	4087.05	-2.28
Oil and Natural Gas Corporation Ltd	250.80	-8.28
NMDC Ltd	218.80	-18.14
IRCON International Ltd	191.78	-21.00
Container Corporation of India Ltd	785.65	-23.52

Navratna Stocks With Highest Returns In 2024 India Based On 5 Year Net Profit Margin

The table shows the Navratna Stocks With Highest Returns In 2024 India Based On 5 Year Net Profit Margin.

Name	5Y Avg Net Profit Margin %	Close Price (rs)
NMDC Ltd	31.43	218.80
Hindustan Aeronautics Ltd	18.19	4087.05
Bharat Electronics Ltd	15.94	280.95
National Aluminium Co Ltd	12.10	219.87
Container Corporation of India Ltd	10.73	785.65
NLC India Ltd	10.10	232.30
IRCON International Ltd	7.56	191.78
Oil and Natural Gas Corporation Ltd	6.15	250.80
Rail Vikas Nigam Ltd	5.96	419.50
NBCC (India) Ltd	2.73	90.00

Best Navratna Companies In India With Highest Returns To Buy Based On 1M Return

The table shows the Best Navratna With the Highest Returns Companies In India To Buy Based On 1M Return.

Name	Close Price (rs)	1M Return (%)
Bharat Electronics Ltd	280.95	-2.06
National Aluminium Co Ltd	219.87	-3.10
NMDC Ltd	218.80	-8.07
Hindustan Aeronautics Ltd	4087.05	-9.58
Container Corporation of India Ltd	785.65	-11.12
Rail Vikas Nigam Ltd	419.50	-11.22
Oil and Natural Gas Corporation Ltd	250.80	-11.77
NLC India Ltd	232.30	-13.08
IRCON International Ltd	191.78	-14.35
NBCC (India) Ltd	90.00	-19.56

High Dividend Yield Navratna Stocks With Highest Returns

The table shows the Best Navratna Stocks With Highest Returns based on High Dividend.

Name	Close Price (rs)	Dividend Yield
Oil and Natural Gas Corporation Ltd	250.80	4.88
NMDC Ltd	218.80	3.31
National Aluminium Co Ltd	219.87	2.27
IRCON International Ltd	191.78	1.62
Container Corporation of India Ltd	785.65	1.46
NLC India Ltd	232.30	1.29
Hindustan Aeronautics Ltd	4087.05	0.86
Bharat Electronics Ltd	280.95	0.78
Rail Vikas Nigam Ltd	419.50	0.50
NBCC (India) Ltd	90.00	0.47

Historical Performance Of Navratna Stocks With Highest Returns

The table shows the Best Navratna Stocks With the Highest Returns based on Market Cap and 5Y Return.

Name	Close Price (rs)	5Y CAGR %
Rail Vikas Nigam Ltd	419.50	77.14
Hindustan Aeronautics Ltd	4087.05	58.86
Bharat Electronics Ltd	280.95	50.45
National Aluminium Co Ltd	219.87	39.15
IRCON International Ltd	191.78	36.28
NLC India Ltd	232.30	33.69
NBCC (India) Ltd	90.00	29.34
NMDC Ltd	218.80	17.29
Oil and Natural Gas Corporation Ltd	250.80	12.99
Container Corporation of India Ltd	785.65	6.43

Factors To Consider When Investing In Navratna Stocks With Highest Returns

The main factors to consider when investing in high-return Navratna stocks include financial performance, sector growth potential, government policies, and dividend history. Evaluating management efficiency, market dynamics, and long-term stability helps ensure informed decisions and optimized investment outcomes.

• Financial Performance: Analyze the company’s revenue, profit margins, and return on equity to ensure stable and consistent financial growth, indicating strong fundamentals and efficient operations.

• Sector Growth Potential: Assess the growth prospects of the sector in which the company operates, such as energy or infrastructure, to gauge future demand and profitability.

• Government Policies: Consider policy impacts, subsidies, or regulations affecting Navratna companies, as favorable government initiatives can significantly boost their performance and returns.

• Dividend History: Review past dividend payouts to ensure reliable income generation and assess the company’s commitment to rewarding shareholders.

• Market Dynamics: Monitor industry competition and economic conditions that might influence the company’s ability to sustain its market leadership and deliver high returns.

How To Invest In Navratna Companies In India With Highest Returns?

To invest in Navratna companies, open a trading account with Alice Blue and start with thorough research on companies like BHEL, BPCL, and NTPC. Focus on their financial statements, revenue growth, market position, and dividend history before making investment decisions.

These government-owned companies often provide stable returns due to their strong market presence and government backing. Consider using a systematic investment approach, diversifying across different Navratna companies to minimize risk while maximizing potential returns.

Monitor market conditions, company performance, and government policies affecting these enterprises. Stay updated with quarterly results, management changes, and industry trends. Consider both long-term holding and strategic entry/exit points based on technical and fundamental analysis.

Impact Of Government Policies On Best Highest Return Navratna Stocks 

Government policies play a crucial role in shaping the performance of high-return Navratna stocks. Favorable policies, such as increased infrastructure spending, tax incentives, or subsidies, boost revenues and profitability, making these stocks more attractive to investors.

Conversely, restrictive regulations or changes in taxation can negatively impact operational efficiency and profitability. Investors must closely monitor policy shifts and assess their potential impact on the Navratna companies’ performance to make informed investment decisions.

How Highest Return Navratna Stocks List Perform In Economic Downturns?

During economic downturns, high-return Navratna stocks often showcase resilience due to their diversified operations and government backing. Their stable business models help mitigate risks, making them relatively safer investments in turbulent times.

However, reduced economic activity can lower demand, affecting profitability. Investors should evaluate sector-specific impacts and prioritize Navratna stocks with stronger fundamentals and better positioning to withstand economic challenges.

Advantages Of Investing In Navratna Stocks With Highest Returns In 2024

The main advantages of investing in high-return Navratna stocks in 2024 include stable returns due to government backing, attractive dividend payouts, and exposure to critical growth sectors. These stocks provide portfolio diversification and consistent performance, appealing to both conservative and growth-focused investors.

• Government Backing: Navratna stocks benefit from strong government support, ensuring financial stability, resilience in economic downturns, and reduced investment risks compared to private-sector counterparts.

• Attractive Dividends: These companies often provide consistent and high dividend payouts, making them suitable for income-focused investors seeking reliable returns alongside capital growth.

• Sector Exposure: Investing in Navratna stocks gives exposure to critical sectors like energy, infrastructure, and mining, benefiting from robust demand and growth potential in these industries.

• Portfolio Diversification: Navratna stocks add diversification to investment portfolios, reducing overall risk by balancing growth-oriented investments with stable, government-backed assets.

• Long-Term Stability: Their strong fundamentals and strategic importance ensure sustained growth, making Navratna stocks ideal for long-term wealth creation and consistent performance in volatile market conditions.

Risks Of Investing In Navratna Stocks With Highest Returns

The main risks of investing in high-return Navratna stocks include dependency on government policies, limited global exposure, and vulnerability to sector-specific challenges. Additionally, regulatory changes and economic downturns can impact profitability, requiring careful assessment of market conditions and company fundamentals.

• Government Dependency: Navratna stocks heavily rely on favorable government policies, and any policy shifts or regulatory changes can directly impact their financial performance and growth prospects.

• Sector-Specific Challenges: Operating in sectors like energy and mining, these companies face risks from commodity price volatility, changing demand, and sector-specific disruptions affecting their profitability.

• Limited Global Exposure: Navratna companies often have a limited presence in international markets, which may restrict growth potential compared to private-sector peers with global diversification.

• Economic Downturns: Economic slowdowns or reduced infrastructure spending can lower demand for products and services, impacting revenue and profitability significantly.

• Management and Operational Risks: Inefficiencies in operations or decision-making due to bureaucratic hurdles in public-sector enterprises can limit growth and competitiveness in dynamic markets.

Navratna Stocks With Highest Returns In 2024 GDP Contribution

Navratna stocks significantly contribute to India’s GDP through their robust involvement in core sectors like energy, mining, and manufacturing. Their operational scale supports economic growth and infrastructure development.

In 2024, these high-return stocks continue driving industrial output, employment, and revenues. Their strategic importance underlines their role in sustaining the country’s economic trajectory.

Who Should Invest In Navratna Stocks With Highest Returns In 2024

Investors with a medium to long-term horizon and moderate risk appetite should consider Navratna stocks. These stocks provide stable returns, dividend income, and exposure to critical sectors driving economic growth.

First-time or conservative investors can benefit from their government-backed stability, while experienced investors may find opportunities for diversification and consistent performance in portfolios.

Navratna Stocks With Highest Returns In 2024 – FAQs  

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.