Blog by Tickertape
In Stocks How to Invest

Best Short Term Stocks in 2024

5 Mins Read

Highest Return Stocks in Last 1 Year (Nifty 500)

Last Updated on Jan 29, 2024 by Harshit Singh

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.

List of best short term stocks in India

Stock NameSub-SectorMarket 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 (%)
ITC LtdFMCG – Tobacco5,68,610.88455.6529.000.4416.8225.3014.9729.63
Hindustan Aeronautics LtdAerospace & Defense Equipments1,94,198.882,903.8027.170.2211.7014.72111.0233.32
Siemens LtdConglomerates1,49,762.814,205.4015.871.3420.7827.0921.0676.37
Bharat Electronics LtdElectronic Equipments1,38,666.50189.7022.800.4415.4824.4171.9846.46
ABB India LtdHeavy Electrical Equipments1,00,429.744,739.3022.620.6725.9495.5445.6098.83
Hero MotoCorp LtdTwo Wheelers88,792.874,442.1517.153.3815.3621.2640.1631.60
United Spirits LtdAlcoholic Beverages79,717.651,096.0020.903.0613.4737.0723.2670.16
Indian Railway Catering and Tourism Corporation LtdOnline Services77,624.00970.3046.263.4086.5452.5135.2877.17
Polycab India LtdElectrical Components & Equipments65,242.514,343.8520.762.8715.1739.4734.8251.37
Mazagon Dock Shipbuilders LtdShipbuilding47,266.052,343.5025.970.1338.5883.20198.1842.24

Note: The data in the above table showcases the best share for short term is from 29th January 2024. The list of best short term stocks are identified using Tickertape Stock Screener using the following parameters:

Stock Universe – Nifty 500


All screens > Quality Drifters

Market capitalisation – Sorted from highest to lowest

PS: ‘Quality Drifters’ is a pro screen which is accessible only with Tickertape pro subscription.

About best short term stocks in India

ITC Ltd

ITC Limited is a company that oversees the marketing of consumer goods in various sectors: fast-moving consumer goods (FMCG), hotels, paperboards, paper and packaging, and agri-business.

The company, as of 29th January 2024, had a market capitalisation of Rs. 5,68,610.88 cr. and a stock price of Rs. 455.65. ITC Ltd’s 1-yr historical revenue growth is 16.82%, and its 1-yr historical eps growth is 25.30%. Its 1-yr return vs nifty is 14.97%. With high price upside and 92% buy reco from analysts, this is the best stock to buy for short term.

Hindustan Aeronautics Ltd

Hindustan Aeronautics is an Indian state-owned aerospace and large cap defence company. The company, as of 29th January 2024, had a market capitalisation of Rs. 1,94,198.88 cr. and a stock price of Rs. 2,903.80. Hindustan Aeronautics Ltd has a modest 1-yr historical revenue growth of 11.70%, and its 1-yr historical eps growth is 14.72%. Among other short term investment stocks, its 1-yr return vs nifty of 111.02% is the highest. With a good profitability score of 8.2 and 100% buy reco from analysts, this large cap share is the best short term share to buy.


Siemens Ltd

Siemens Limited is a company that manufactures electric motors, generators, transformers, control apparatus, machinery, and safety equipment.

The company, as of 29th January 2024, had a market capitalisation of Rs. 1,49,762.81 cr. and a stock price of Rs. 4,305.55. Siemens Ltd’s 1-yr historical revenue growth is 20.78%, and its 1-yr historical eps growth is 27.09%.

Bharat Electronics Ltd

Bharat Electronics Limited designs, manufactures, and supplies electronics products for defense and non-defense markets. Its main products include weapon systems, radar, and fire control systems.

The company, as of 29th January 2024, had a market capitalisation of Rs. 1,38,666.50 cr. and a stock price of Rs. 189.70. Bharat Electronics Ltd 1-yr historical revenue growth is 15.48%, and its 1-yr historical eps growth is 24.41%. The company has performed exceptionally well against the nifty benchmark and recorded 71.98% growth in the past year. With an impressive ‘Profitability’ score of 7.5 and 86% buy reco from analysts, this stock is heavily traded on the exchange making it the best share to buy for short term.

ABB India Ltd

ABB India Ltd is a large-cap heavy electrical equipment company focused on power and automation business. The company, as of 29th January 2024, had a market capitalisation of Rs. 1,00,429.74 cr. and a stock price of Rs. 4,739.30. ABB Ltd’s 1-yr historical revenue growth is 25.94%, and its impressive 1-yr historical eps growth is 95.54%. 

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

Which short term investment stocks are from Nifty Smallcap 100?

The best share to buy for short term from Nifty Smallcap 100 are – 
– Jyothy Labs Ltd
– Bls International Services Ltd
– Natco Pharma Ltd
– Mahanagar Gas Ltd
– Praj Industries Ltd

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 – 
– Polycab India Ltd
– Mazagon Dock Shipbuilders Ltd
– Coromandel International Ltd

Which are the best short term shares to buy with high buy reco?

The best stock for short term based on buy reco are –
– Gillette India Ltd
– Hindustan Aeronautics Ltd
– Ingersoll-Rand (India) Ltd
– KSB Ltd
– 3M India Ltd
– ITC Ltd

Latest posts by Harshit Singh (see all)

Related Posts

guest
0 Comments
Inline Feedbacks
View all comments
Identify the "red flags" in your portfolio
Try Tickertape
Identify the "red flags" in your portfolio
Try Tickertape

The blog posts/articles on our platform are purely the author’s personal opinion and do not necessarily represent the views of Anchorage Technologies Private Limited (ATPL) or any of its associates. The content in these posts/articles is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, please consult a professional financial or tax advisor. The content on our platform may include opinions, analysis, or commentary, which are subject to change, without notice, based on market conditions or other factors. Further, the use of any third-party websites or services linked on the website is at the user's discretion and risk. ATPL is not responsible for the content, accuracy, or security of external sites. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. The examples and/or securities quoted (if any) are for illustration only and are not recommendatory. Any reliance you place on such information is strictly at your own risk. In no event will ATPL be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

By accessing this platform and its blog section, you acknowledge and agree to the Terms and Conditions of this website, Privacy Policy and Disclaimer.