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5 Best Manufacturing Stocks in India 2024

By :  Sachin Gupta 

Published : 20 June 2024

Dixon Technologies

It is India’s one of the leading  Electronics Manufacturing Services (EMS) providers. Its shares are trading at around Rs. 11495 at present with ROCE and ROE of 24.70% and 21.69% while the OPM is noted at 3.15%.

Tata Steel

The company makes different steel products like ball bearings, steel wires, and more.  It is currently trading at around Rs. 180 with an ROCE of 8.13% and an ROE of -4.82%.  Its OPM is 6.21%.

Bajaj Auto

The company manufactures scooters, motorcycles, as well as three-wheelers. Its shares are trading at around Rs. 9650 at present with ROCE and ROE of 32.50% and 26.61% while the OPM is noted at 21.91%.

Bharat Petroleum Corporation

The company produces and retails petroleum products. It is currently trading around Rs. 625 with an ROCE of 32.53% and an ROE of 35.51%.  Its OPM is around 8.82%.

Hindustan Unilever

It is India’s largest FMCG company. It is currently trading at around Rs. 2480 with an ROCE of 21.72% and ROE of 20.06%. Its OPM is around 23.03%.

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