In a clichéd answer, given the high market volatility in the market right now and how the cryptocurrencies have emerged to be a likely favorite for the short-term investors, there are no shares safe right now. At such time, it is ideal that you root for mutual funds.
Now with that being said, there are few companies who experts are recommending and are very bullish about. While they aren’t entirely foolproof, you have higher chances of making more return from KMC Speciality Hospitals. The company runs a chain of hospitals across India that has been performing consistently well in the market for quite some time now. Only last year, it bagged a net profit of Rs 2.01 crore, which was double from its previous year’s quarter revenue.
Reliance Home Finance is another safe option, one of the favorite choices of traditional investors. While it usually does great, in the coming days, it’s expected to flourish even more, thanks to its plans to expand its size to Rs 50,000 crores in the coming years.
Other safe bet includes shares of Chennai Petroleum and Granules India. These shares look very bullish even in the bearish market. Invest there and hopefully it will return you with big rewards.
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