5 Best Cyclical Stocks in  India 2024

Published : 25 June 2024

Honeywell Automation

The company is in the business of software solutions and integrated automation. It is currently trading around Rs. 58000 with an ROCE of 18.45% and ROE of 13.90%.  Its OPM is around 16.71%. 

ICICI Bank

It is the second-largest private-sector bank in the country. Its shares are trading at around Rs. 1180 at present with ROCE and ROE of 3.33% and 17.74% while the OPM is noted at -19.75%. 

Bajaj Auto

The company manufactures scooters, motorcycles, as well as three-wheelers. Its shares are trading at around Rs. 9710 at present with ROCE and ROE of 32.50% and 26.61% while the OPM is noted at 21.91%.

Indian Hotels Company

The company has various luxurious hotel brands under its name such as Taj Hotels,  Taj Exotica, etc. It is currently trading at around Rs. 655 with an ROCE of 14.66% and an ROE of 13.31%.  Its OPM is 27.85%.

Shree Cements

The Company ranks among the three leading cement producers in the country. Its shares are trading at around Rs. 27280.00 at present with ROCE of 14.74% and ROE of 11.57%. While the OPM is around 15.67%.