5 Best Major Stocks to buy in May 2024

Published : 14 May 2024

Larsen & Toubro Ltd

11.00%

₹3369.50

CMP

OPM

11.72%

ROE

The company is one of the largest and most renowned companies in the country and operates in the green hydrogen space via its subsidiary L&T Energy Green Tech Limited.

11.99%

ROCE

Reliance Industries Ltd

12.94%

₹2850.50

CMP

OPM

9.31%

ROE

It is India’s largest private sector conglomerate and owns Mumbai Indians. It has lower debt levels, and in the last two quarters has reported positive financial performance. 

9.37%

ROCE

Adani Ports and Special Economic Zone

43.53%

₹1330.00

CMP

OPM

11.69%

ROE

In the last 6 months, the company has delivered a return of 67.67%, making it attractive for investors.

8.90%

ROCE

Tata Consultancy Services (TCS)

25.58%

₹3927.50

CMP

OPM

46.61%

ROE

Tata Consultancy Services is an integral division of the Tata Group. It has recently announced a dividend and has received buy recommendations from brokerages. 

57.63%

ROCE

Dr Reddys Laboratories Ltd

24.94%

₹5914.90

CMP

OPM

19.35%

ROE

It is a renowned name in manufacturing Active Pharmaceutical Ingredients (API) and has a TTM EPS of 334+, making it an attractive choice. 

25.95%

ROCE

5 Best Major Stocks to buy in May 2024