The fastest growing stocks in India by 2024

The fastest growing stocks in India by 2024

India’s stock market is booming with a rise in various sectors. Companies in tech, finance, and infrastructure are leading the charge. Notable fast-growing stocks include those in renewable energy and e-commerce.

Among the top performers, Rahane Finserv stands out as the leading stockbroker in India, offering comprehensive financial services . With cutting-edge technology and expert advisory, it has enabled investors to maximize returns on their stock investments. Keep an eye on industries like green energy and digital services, as they are expected to drive future growth.

Trending Growth Stocks List in 2024

Trending growth stocks are shares of companies experiencing rapid revenue and earnings expansion. Investors are drawn to these stocks for their potential to outperform the market. Typically from tech, healthcare, or innovative sectors, they attract attention for their high growth prospects, although they can be volatile and riskier investments.

Company

CMP

Profit CAGR

Sales CAGR

MCap

P/E

D/E

RoE

(Rs)

(5 yrs, %)

(5 yrs, %)

(Rs m)

(x)

(Curr FY, x)

(5 yrs, Avg. %)

ZOMATO

277.8

NM

56.00%

2,454,189

407.7

0

0.40%

TRENT

725460.00%

73.20%

36.70%

2,578,919

166.4

0.1

11.50%

ADANI GREEN ENERGY

1801.3

NM

35.00%

2,853,239

248.8

10.6

19.90%

INDUS TOWERS

43760.00%

19.30%

33.20%

1,154,460

17.8

0.2

21.80%

BAJAJ HOLDINGS & INVESTMENT

10443.4

19.00%

30.70%

1,162,283

81.4

0

10.90%

L&T INFOTECH

640970.00%

24.80%

30.30%

1,898,366

41.6

0

26.80%

VARUN BEVERAGES

655

47.60%

25.90%

2,127,847

86.2

0.7

20.70%

BAJAJ FINANCE

753690.00%

29.30%

24.40%

4,672,649

31.3

3.9

17.00%

CHOLAMANDALAM INVEST

1589

23.30%

22.00%

1,335,399

36.6

6.9

16.70%

HDFC BANK

166230.00%

23.50%

22.00%

12,676,716

18

6.8

15.20%

BAJAJ FINSERV

1886.3

23.80%

21.00%

3,011,784

18.7

4.8

22.70%

TITAN

376050.00%

20.30%

20.90%

3,338,520

96.7

1.4

24.80%

AVENUE SUPERMARTS

5213.6

23.00%

20.40%

3,392,629

128

0

12.00%

ADANI PORTS & SEZ

145540.00%

14.90%

19.60%

3,143,758

34

0.9

14.30%

INTERGLOBE AVIATION (INDIGO)

4968.2

120.40%

19.30%

1,919,004

24.6

1

84.40%

IRFC

16800.00%

23.30%

19.10%

2,194,856

34

8.4

12.90%

ADANI ENTERPRISES

2969.2

71.30%

19.00%

3,384,834

80.1

1.4

5.40%

SHRIRAM TRANSPORT

340990.00%

23.40%

18.60%

1,282,086

16.7

4

12.90%

ADANI TRANSMISSION

998.4

16.40%

17.90%

1,199,301

NM

2.9

14.60%

BANK OF BARODA

23820.00%

76.40%

17.50%

1,231,818

6.6

12.1

8.30%

ICICI BANK

1248

59.80%

17.30%

8,790,708

18.8

6.5

13.30%

RAIL VIKAS NIGAM

55470.00%

18.00%

16.80%

1,156,456

85.2

0.7

17.30%

ADANI POWER

640

NM

16.10%

2,468,441

15.4

0.8

24.00%

TATA CONSUMER

120900.00%

22.40%

16.00%

1,196,189

95.2

0.2

6.80%

PNB

109.9

NM

15.90%

1,210,111

11.2

13.2

3.80%

Disclaimer: This information is provided for informational purposes only and should not be considered as stock recommendations. Please note that these screeners are purely data-driven and do not account for management quality.

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