You can invest money in these 5 stocks for long term and you will get better returns.

LONG TERM INVESTMENT STOCK: The Indian stock market is currently touching new highs every day. However, sometimes he uses the brakes to slow down. In this market boom, those who invest money in stocks for short term or long term earn huge profits. Before investing in a stock for long term, it is very important to understand its terms and benefits to get profit. Investing in stocks for the long term helps investors weather market fluctuations and take advantage of compounded returns. While building a strong foundation for your investment portfolio, it is important to focus on long-term investment stocks of 2024 and get information about them. Let's know about those 5 reliable companies long term investment stocks in which you can get profit after investing your money. Indian Energy Exchange Limited Indian Energy Exchange Limited is India's leading electricity exchange company, facilitating on-chain trading of electricity products. This company was established in 2008. Operates an automated platform for offering products on behalf of the company providing market access to the electricity business. The market capitalization of the company was Rs.16,836.63 crore. Its share price is Rs.184.90 and PE ratio is 47.99. The average net profit margin of the company in the last 5 years is 61.01 percent and the average return on equity in the last 5 years is 46.07 percent. The company's revenue growth over the past 5 years is 13.81%, while its 5-year EPS growth is 16.66%. Its EPS growth in the coming one year is estimated to be 11.68 percent. You can invest in this stock for long term. HDFC Asset Management Company Limited HDFC Asset Management Company Limited is one of India's leading mutual fund companies offering a wide range of investment products including equity, debt and hybrid funds. This company was established in 1999. The company is a joint venture between Housing Development Finance Corporation Limited (HDFC) and Standard Life Investments Limited. The company's market cap is Rs 87,774.44 crore. Its share price is Rs.4,093.00. Its PE ratio is 45.18. The company has a 5-year average net profit margin of 59.02 percent and a 5-year average return on equity of 30.42 percent. The highest revenue growth of the company in the last 5 years is 8.57 percent. In this, the highest EPS growth in 5 years is 15.65 percent and EPS growth in the next one year is estimated to be 12.09 percent. Nippon Life India Asset Management Limited Nippon Life India Asset Management Limited is primarily a subsidiary of Nippon Life Insurance Group. It plays a major role in the asset management industry. The company offers a wide range of financial products and services including mutual funds, portfolio management and advisory services. The company has a market cap of Rs 41,909.30 crore. Its share price is Rs.649.00 and PE ratio is 37.85. The company has a 5-year average net profit margin of 46.65 percent and a 5-year average return on equity of 22.56 percent. Highest 5-year earnings growth is 4.31%, record 5-year EPS growth is 17.35%. Its EPS growth in the coming one year is estimated to be 8.08 percent. Central Depository Services India Limited Central Depository Services India Limited is one of India's leading depository institutions. It was established in 1999. The company provides services such as demonetisation, rematerialisation and electronic settlement of securities to ensure smooth functioning of the securities market in India. The company has a market cap of Rs 25,477.10 crore and its share price is Rs 2,387.00. Its PE ratio is 60.79. Its 5-year average net profit margin is 45.87 percent and 5-year average return on equity is 21.73 percent. Company's highest record earnings growth in 5 years is 29.89 percent, record 5 year EPS growth is 29.86 percent. EPS growth is estimated to be 14.19 percent in the coming one year. Also Read: If IRCTC Share Softens, Will Buying Shares Pay Off? Optus Value Housing Finance India Limited Optus Value Housing Finance India Limited provides affordable home loans to low and middle income people in India to build their homes. The objective of the company is to promote the affordable housing market and to provide loans for the purchase and construction of houses. The company has a market cap of Rs 17,177.18 crore and its share price is Rs 337.00. Its PE ratio is 28.07. The company's 5-year average net profit margin is 42.53 percent and 5-year average return on equity is 16.12 percent. Company's record revenue growth over 5 years is 33.16%, 5 year EPS growth is -2.88%. The company's EPS growth in the next one year is estimated to be 22.66 percent. Disclaimer: Prabhat Khabar does not give any advice to buy or invest in any shares. It is at the discretion of the investors. Investors can take decisions only after expert advice. Also Read: Formal Wear Company Stocks Up 6,431%, Huge Long-Term Profits You Can Invest Money In These 5 Stocks For Long Term, You Will Get Better Returns appeared first on Prabhat Khabar.