Last Updated on Sep 17, 2024 by Anjali Chourasiya
Short term stocks are stocks that possess good financial fundamentals but somehow lag behind the market rally. However, with the market picking up the momentum, these stocks soon to follow the upward trend, which is why investors are on the lookout to generate high ROI from these stocks for the short term. If you’re looking to add top short term stocks to your investment portfolio, here’s how you can find the best short term stocks using Tickertape Stock Screener.
Table of Contents
List of the Best Short Term Stocks in India
Name | Sub-Sector | Market Cap (Rs. in cr.) | Close Price (Rs.) | Return on Equity (%) | Debt to Equity (%) | 1Y Historical Revenue Growth (%) | 1Y Historical EPS Growth (%) | 1Y Return vs Nifty (%) | PE Ratio |
Sun Pharmaceutical Industries Ltd | Pharmaceuticals | 444,776.72 | 1,862.95 | 15.15 | 4.88 | 12.06 | 13.01 | 36.62 | 46.45 |
Hindustan Aeronautics Ltd | Aerospace & Defense Equipments | 310,642.64 | 4,597.35 | 28.91 | 0.17 | 12.95 | 30.77 | 105.10 | 40.76 |
Siemens Ltd | Conglomerates | 238,965.59 | 6,712.80 | 15.87 | 1.34 | 20.78 | 27.09 | 51.94 | 121.87 |
Bharat Electronics Ltd | Electronic Equipments | 211,947.04 | 290.40 | 26.37 | 0.38 | 16.23 | 33.51 | 81.87 | 53.19 |
ABB India Ltd | Heavy Electrical Equipments | 162,838.87 | 7,765.20 | 22.82 | 0.82 | 18.29 | 22.22 | 54.03 | 131.10 |
Cipla Ltd | Pharmaceuticals | 134,030.72 | 1,659.40 | 16.32 | 2.09 | 14.17 | 47.05 | 8.05 | 32.52 |
Eicher Motors Ltd | Trucks & Buses | 133,146.91 | 4,899.20 | 24.22 | 2.32 | 17.63 | 37.21 | 17.05 | 33.28 |
Hero MotoCorp Ltd | Two Wheelers | 115,904.48 | 5,779.45 | 21.64 | 3.40 | 11.27 | 33.22 | 59.85 | 30.95 |
Zydus Lifesciences Ltd | Pharmaceuticals | 112,552.30 | 1,118.55 | 18.47 | 3.64 | 13.97 | 98.59 | 48.14 | 29.16 |
CG Power and Industrial Solutions Ltd | Heavy Electrical Equipments | 109,088.20 | 714.20 | 59.33 | 0.58 | 20.81 | 44.09 | 36.94 | 76.45 |
Note: he data in the above table showcases that the best share for short term is from 16th September 2024. The list of best short term stocks is identified using Tickertape Stock Screener using the following parameters:
- Stock Universe – Nifty 500
- All screens > Quality Drifters
- Market capitalisation – Sorted from highest to lowest
🚀 Pro Tip: Utilise Tickertape’s Market Mood Index to gauge market sentiment and make informed investment decisions based on real-time market data and trends.
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Note: The smallcases are mentioned only for educational purposes and are not meant to be recommendatory. Investors must conduct their own research and consult a financial expert before making any investment decisions.
About Best Short Term Stocks in India
Sun Pharmaceutical Industries Ltd
Founded in 1983 by Dilip Shanghvi, Sun Pharmaceutical Industries Ltd is one of the leading pharmaceutical companies in India, known for manufacturing and selling generic formulations, speciality medicines, and APIs (Active Pharmaceutical Ingredients). The company operates globally, catering to markets in the U.S., India, emerging markets, and other parts of the world.
As of the latest data, Sun Pharmaceutical has a market cap of Rs. 4,44,776.72 cr. and a close price of Rs. 1,862.95. The company’s Return on Equity (ROE) stands at 15.15%, with a debt-to-equity ratio of 4.88%. The 1-year historical revenue growth is 12.06%, and its 1-year historical EPS growth is 13.01%. Sun Pharma’s 1-year return against Nifty is 36.62%, and it has a PE ratio of 46.45.
Hindustan Aeronautics Ltd
Established in 1940, Hindustan Aeronautics Ltd (HAL) is a state-owned aerospace and defence company headquartered in Bengaluru, India. HAL is involved in the design, manufacture, and assembly of aircraft, helicopters, and related communication and navigational equipment, serving both the Indian military and commercial markets.
HAL’s market cap is Rs. 3,10,642.64 cr., and the stock is priced at Rs. 4,597.35. The company boasts an impressive Return on Equity of 28.91% and a very low Debt to Equity ratio of 0.17%. Its 1-year historical revenue growth is 12.95%, with an EPS growth of 30.77%. The company’s 1-year return versus Nifty stands at 105.10%, and it has a PE ratio of 40.76.
Siemens Ltd
Siemens Ltd, a German multinational Siemens AG subsidiary, has been operational in India since 1922. It is a diversified conglomerate that operates in sectors such as energy, healthcare, infrastructure, and industrial automation. Siemens India is a significant player in providing solutions for electrification, automation, and digitalisation.
With a market cap of Rs. 2,38,965.59 cr., Siemens shares are priced at Rs. 6,712.80. The company’s ROE is 15.87%, with a debt-to-equity ratio of 1.34%. Siemens has a 1-year historical revenue growth of 20.78% and an EPS growth of 27.09%. Its 1-year return vs. Nifty is 51.94%, and it holds a PE ratio of 121.87.
Bharat Electronics Ltd
Founded in 1954, Bharat Electronics Ltd (BEL) is a leading aerospace and defence electronics company under the Ministry of Defence, India. It manufactures electronic equipment primarily for the Indian armed forces, including radar, communications, and electronic warfare products.
BEL’s market cap is Rs. 2,11,947.04 cr., with a closing price of Rs. 290.40. The company has an ROE of 26.37% and a Debt to Equity ratio of 0.38%. Its 1-year historical revenue growth is 16.23%, and its EPS has grown by 33.51%. The stock’s 1-year return versus Nifty is 81.87%, with a PE ratio of 53.19.
ABB India Ltd
ABB India Ltd, established in 1949, is part of the ABB Group, a Swiss-Swedish multinational corporation operating in heavy electrical equipment and automation technology. The company offers products and solutions in electrification, industrial automation, and robotics, serving sectors like utilities, industry, transport, and infrastructure.
ABB India has a market cap of Rs. 1,62,838.87 cr. and a closing price of Rs. 7,765.20. It has a Return on Equity of 22.82% and a Debt to Equity ratio of 0.82%. ABB India’s 1-year historical revenue growth is 18.29%, and its EPS growth is 22.22%. The 1-year return against Nifty is 54.03%, with a PE ratio of 131.10.
Cipla Ltd
Cipla Ltd, founded in 1935 by Khwaja Abdul Hamied, is a leading Indian multinational pharmaceutical company known for manufacturing low-cost generic drugs and APIs. Cipla focuses on respiratory, cardiovascular, arthritis, diabetes, weight control, and infectious diseases.
Cipla’s market cap stands at Rs. 1,34,030.72 cr., with a stock price of Rs. 1,659.40. It has a Return on Equity of 16.32% and a Debt to Equity ratio of 2.09%. The company’s 1-year historical revenue growth is 14.17%, and its EPS has grown by 47.05%. Cipla’s 1-year return vs. Nifty is 8.05%, with a PE ratio of 32.52.
Eicher Motors Ltd
Founded in 1948, Eicher Motors Ltd is an Indian multinational automotive company and the parent of Royal Enfield, a manufacturer of motorcycles. Eicher Motors is also involved in the production of trucks and buses under the VE Commercial Vehicles Ltd joint venture.
Eicher Motors has a market cap of Rs. 1,33,146.91 cr. and a closing price of Rs. 4,899.20. The company has an ROE of 24.22% and a Debt to Equity ratio of 2.32%. The 1-year historical revenue growth is 17.63%, while its EPS has grown by 37.21%. Eicher’s 1-year return versus Nifty is 17.05%, with a PE ratio of 33.28.
Hero MotoCorp Ltd
Hero MotoCorp Ltd, established in 1984, is the world’s largest two-wheeler manufacturer, known for producing motorcycles and scooters. The company was initially a joint venture with Honda but has been operating independently since 2010.
Hero MotoCorp’s market cap is Rs. 1,15,904.48 cr., with a share price of Rs. 5,779.45. It has a Return on Equity of 21.64% and a Debt-equity ratio of 3.40%. The company’s 1-year historical revenue growth is 11.27%, and its EPS growth is 33.22%. The stock’s 1-year return vs. Nifty is 59.85%, with a PE ratio of 30.95.
Zydus Lifesciences Ltd
Zydus Lifesciences Ltd, formerly known as Cadila Healthcare, was established in 1952. The company is one of India’s leading pharmaceutical firms, developing and manufacturing generic medications, APIs, and biologics.
The market cap of Zydus Lifesciences is Rs. 1,12,552.30 cr., and the closing price is Rs. 1,118.55. Zydus has a Return on Equity of 18.47% and a Debt-equity ratio of 3.64%. Its 1-year historical revenue growth is 13.97%, with an impressive EPS growth of 98.59%. The 1-year return against Nifty is 48.14%, and it has a PE ratio of 29.16.
CG Power and Industrial Solutions Ltd
Founded in 1937, CG Power and Industrial Solutions Ltd is a major player in the heavy electrical equipment sector in India. The company provides a range of products, including transformers, motors, switchgear, and automation systems, catering to the power and industrial markets.
CG Power’s market cap stands at Rs. 1,09,088.20 cr., with a close price of Rs. 714.20. The company boasts a high ROE of 59.33% and a Debt to Equity ratio of 0.58%. Its 1-year historical revenue growth is 20.81%, while the EPS has grown by 44.09%. The 1-year return vs. Nifty is 36.94%, and the PE ratio is 76.45.
When considering investments in the best stocks for short-term gain, particularly looking at options like the best stocks to invest in 2024 for short-term or the best share for short-term 2024, it’s crucial to analyse market trends and individual stock performance. Investors looking for short-term investment stocks or short time investment shares often focus on those with high potential for rapid appreciation.
How to Invest in the Best Stocks for Short Term Gain?
To identify and invest in the best stocks to buy for short term in India, follow the below mentioned steps.
Step 1: Launch Tickertape Stock Screener.
Step 2: Go to ‘All Screens’ and select ‘Quality Drifters’. You can see all the filters that are used to build this Screen on the right-hand side.
Step 3: When you click on ‘Load’, a screen will appear with all the Nifty 500 stocks experiencing price momentum.
Easy-peasy! Right? The ‘Quality Drifters’ Screen shows you high-growth, quality companies that are exhibiting price momentum. Now, a surprise – you can create your own Screens and save them for future reference. When you filter stocks based on your preferences, you can save the Screen by clicking on the ‘Save’ button near the New Screen heading and renaming it according to your preferences.
Learn more about how to Build Your Screen on Tickertape.
How to Identify the Best Stocks for Short Term Gain?
- Market Analysis: For those considering the best stocks to buy today in India for short-term, it’s essential to stay updated with market trends and forecasts. This involves analysing economic indicators, sector performance, and market sentiment.
- Event-Driven Opportunities: Stocks for short-term gain often react to specific events or news such as product launches, regulatory approvals, or corporate earnings. Identifying stocks that are likely to experience significant short-term fluctuations due to such events can be beneficial.
- Technical Analysis: Utilising technical analysis to identify the best stock for short-term or best share for short-term can provide insights into price movements and trends. This method focuses on patterns in stock price movements and trading volumes to forecast future activity.
Strategies for Short Term Investment Stocks
- Set Clear Objectives: Define what “short-term” means for you—whether it’s a few weeks, months, or within the year 2024. Setting a clear time frame helps in selecting the appropriate stocks that align with your investment horizon.
- Risk Management: Investing in the best stocks to invest in 2024 for short term in India requires careful risk management. Due to the inherent volatility in short-term trading, setting stop-loss orders and having a pre-defined risk-to-reward ratio can mitigate potential losses.
- Diversification: Even within a short-term investment framework, diversifying across various sectors or industries can reduce the risk. No single stock or sector should dominate your short-term investment portfolio.
- Stay Informed: For those looking into the best stocks to invest in 2024 for short term, keeping abreast of financial news and market developments is critical. This includes understanding the impacts of geopolitical events, economic data releases, and corporate earnings reports on stock prices.
Benefits of Investing in Stocks for Short Term
Investing in stocks for the short term can provide several advantages, especially if you know which stocks to buy today. From potential quick returns to strategic use of idle funds, short-term investing can be beneficial if approached wisely. Here are some key benefits:
- Potential for Quick Returns: Short-term stocks, such as the best stocks to buy today in India, may offer rapid gains, allowing you to capitalise on market fluctuations and immediate opportunities.
- High Liquidity: Shares to buy today offer high liquidity, enabling you to easily sell your investments and convert them into cash when required.
- Capitalising on Market Opportunities: Identifying the top stocks to buy today can help you take advantage of market news and trends, allowing you to benefit from price movements.
- Diversification of Investment Strategy: Adding the best low-price shares to buy today can diversify your portfolio, balancing the risks and potential rewards alongside your long-term holdings.
- Gaining Market Experience: Investing in the best stocks to buy today India for short-term can enhance your understanding of market trends and stock performance, helping you become a better-informed investor.
- Benefit from Stock Volatility: Volatility in stocks can present opportunities to buy low and sell high within short periods. Knowing which stocks to buy today and tomorrow is crucial to leveraging these price swings effectively.
- Strategic Allocation of Idle Funds: You can strategically allocate funds to today’s best shares to buy, making your money work harder than it would in traditional savings accounts.
Risks of Investing in the Best Stocks for Short Term Gain
Investing in the best short-term stocks can offer substantial returns but also comes with specific risks that investors must consider carefully:
- Market volatility: Short-term stock investments are highly sensitive to market conditions. They can be affected by daily news events, market sentiments, and economic indicators, making their prices volatile. The rapid fluctuation in prices can lead to significant gains but also substantial losses.
- Liquidity risk: Some stocks considered for short-term investments may suffer from low liquidity, making it difficult to execute large trades without affecting the stock’s price. This can be particularly challenging when trying to exit positions during volatile market conditions.
- Timing and execution: Successful short-term trading relies heavily on precise timing and execution. Misjudgments in timing, even by small margins, can turn potential profits into losses. Additionally, transaction costs, such as trading fees and taxes, can erode gains made from short-term trades.
- Limited information: Investors in short-term stocks often base decisions on recent trends rather than long-term fundamentals. This can lead to investments in companies without solid financials or growth prospects, increasing the risk if market sentiment shifts.
- Emotional trading: The fast-paced nature of short-term trading can lead investors to make decisions based on emotions like fear or greed rather than rational analysis. This behaviour can amplify losses, especially in volatile or unpredictable markets.
- Regulatory and political risk: Changes in regulations or political instability can affect market conditions dramatically and unpredictably, impacting short-term stock investments more severely than longer-term investments.
- Over-leveraging: In pursuit of higher returns, some investors might use leverage, borrowing capital to invest in the stock market. This can amplify gains but also increase potential losses, which can exceed the initial investment in some cases.
Investors interested in short-term stocks should be prepared to manage their investments actively, stay informed about market conditions, and develop strategies to mitigate these risks, such as setting stop-loss orders or diversifying their investment portfolios.
Factors to Consider Before Investing in Short Term Stocks
Before investing in short term stocks, it’s important to assess various factors to help you make informed decisions about which stocks to buy today. Here are some key considerations:
Market Trends and Volatility
Understanding current market trends and volatility is essential. Keeping an eye on 10 best shares to buy today can help you take advantage of immediate opportunities while managing risks.
Company Fundamentals
Evaluating a company’s financial health and recent performance is crucial, even for short term investments. This approach may help you identify the best low price shares to buy today that have strong fundamentals.
Technical Analysis
For short term investments, technical analysis plays a significant role. Analysing charts and price patterns can help you decide which share to buy today, making your investment decisions more precise.
Liquidity of the Stock
High liquidity is important in short term investing. It ensures you can buy and sell stocks easily without impacting their prices significantly. Looking for today best share to buy with good liquidity can enhance your trading experience.
Risk Appetite and Time Horizon
Short term stocks are suitable for investors with a higher risk tolerance. If you are willing to take on more risk, you can explore the best stocks to buy today India for short-term gains.
News and Market Sentiment
Short term stock prices are highly influenced by news and market sentiment. Staying updated with current events can guide you in identifying stocks to buy tomorrow or today.
Transaction Costs
Short term trading involves frequent transactions, which can add up costs. Make sure these expenses do not overshadow your potential gains when investing in 10 best shares to buy today for long term or short term.
Who Can Invest in Short Term Stocks?
Investing in short term stocks is suitable for a particular group of investors. Here’s who might consider this approach:
- Experienced Investors: Those familiar with market dynamics and who know which share is best to buy today can better navigate the ups and downs of short term trading.
- Traders Seeking Quick Returns: Short term stocks are appealing to traders looking for quick gains rather than holding investments for long periods. They often focus on the best shares to buy today to take advantage of rapid price movements.
- Investors with High Risk Tolerance: Short term stocks involve significant market volatility. If you are comfortable with high risk, exploring which share is good to buy today might offer profitable opportunities.
- People with Surplus Funds: Individuals with extra cash that is not needed immediately might choose to invest in best share to buy today in India, aiming for short term profits.
- Those Needing Liquidity: If you need quick access to your funds, short term stocks can provide the flexibility you need. By choosing shares to buy for long term and short term, you can maintain a balance between liquidity and investment growth.
- Market Enthusiasts: If you enjoy actively monitoring the market, investing in the best stocks to buy today India for short-term allows you to stay engaged with daily stock movements.
Conclusion
Short term stocks present a small window of opportunity to make profits. Therefore, an investor has to be on their toes to identify and sell the stock when the window is still open. Using Tickertape Stock Screener, an investor can identify the potential risks lingering around short term stocks and make the trade to make quick profit.
FAQs About Best Short Term Stocks
Which short term investment stocks are from Nifty 100?
The best share to buy for short term from Nifty 100 are –
– Sun Pharmaceutical Industries Ltd
– Hindustan Aeronautics Ltd
– Siemens Ltd
– Bharat Electronics Ltd
– ABB India Ltd
The list of best share to buy for short term from Nifty 100 is dated 16th September 2024. It is taken from Tickertape Stock Screener and is meant only for education purposes.
Which are the top shares for short-term from Nifty Midcap 100?
The list of best stocks for short term from Nifty Midcap 100 are –
– CG Power and Industrial Solutions Ltd
– Oracle Financial Services Software Ltd
– Cummins India Ltd
– Polycab India Ltd
– Mankind Pharma Ltd
The list of best share to buy for short term from Nifty Midcap 100 is dated 16th September 2024. It is taken from Tickertape Stock Screener and is meant only for education purposes.
Which are the best short term shares to buy with high buy reco?
The best stock for short term based on buy reco in Nifty 500 are –
Action Construction Equipment Ltd
Caplin Point Laboratories Ltd
EIH Ltd
Elecon Engineering Company Ltd
KSB Ltd
The list of best share to buy for short term from Nifty 500 with high buy reco is dated 16th September 2024. It is taken from Tickertape Stock Screener and is meant only for education purposes.
How can I identify the best shares for short-term investment in 2024?
When selecting stocks for short-term investment, focus on factors such as liquidity, trend analysis, and industry strength. Using tools like Tickertape Stock Screener can help you filter and identify the best short-term investment stocks based on your specific criteria.
What are the key considerations for investing in the best stocks for short-term gain?
To maximise short-term gains, look for stocks with strong fundamentals, clear price trends, and high liquidity. Conducting thorough research, analysing technical indicators, and staying informed about market conditions and industry trends can help you make informed decisions when investing in the best stocks for short-term gain.
Explore other popular stock collections on Tickertape –
Here’s are some of the popular stock collections across different sectors in India: