7 Most Secure Stocks in India to buy in 2024

[{"selector":"#anim-d83ab3d5-6b0c-4849-80de-1a2426d4728e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] By : 5paisa 07 August 2024

[{"selector":"#anim-ba631ba3-0906-430c-bdf5-fe92e2b3a46f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-9460e8cd-34a5-42a9-a242-f4a9d3e06377","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5da649a9-e368-4544-8439-dfc025117910","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7bd4b8bc-5d9c-43e4-956c-2663a0efee42","keyframes":{"transform":["translate3d(0px, -371.0012%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] It offers a wide range of banking services and has a strong track record of consistent growth. It is trading at ₹1,621 and has a ROE of 17.1%.

[{"selector":"#anim-a634eb3a-2840-400d-8af9-71e51d729b34 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-453ff043-3594-47c3-9774-1f1e602e76c5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ab735175-2cf9-452a-a70e-f6fa44342f0b","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a47b1928-9a67-4036-ace3-c11b73030364","keyframes":{"transform":["translate3d(0px, -371.0012%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] It is a conglomerate with diverse interests in petrochemicals, refining, oil, and retail. It is trading at ₹2,927 and has a ROE of 9.23%.

[{"selector":"#anim-d9a5efca-fdb8-4634-bfb7-60ceee6bc53e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-f67b8595-d029-4267-8bed-371578a21c3e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cb9663a3-eb5b-405a-ab51-9eac11308740","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f747360a-4449-475b-913a-094380fd7cf7","keyframes":{"transform":["translate3d(0px, -422.36748%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] As a leading IT services company, TCS has a strong global presence. It is trading at ₹4,189 and has a ROE of 51.5%.

[{"selector":"#anim-33e4c969-91d7-443e-baef-e958e26904b0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a6e8faf8-d669-4489-b3f3-564f38cf12ac","keyframes":{"transform":["translate3d(0px, 765.93807%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5666332c-1373-4cb6-9fc8-5ebb2b6bb94d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-57435edd-32ab-410e-8586-9dbc947c53b1","keyframes":{"transform":["translate3d(0px, -571.63723%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dd21fe4f-e5a5-424c-8ddd-7dad4f0e06e9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Open Free Demat Account in just 5 Minutes! Start Investing Today Open Demat Account

[{"selector":"#anim-22a2a820-e0fc-469b-a9de-e14e9b8a388a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-cdc3db70-e08f-4135-93c1-f6d1053bb8b3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-81f59ff2-483c-4123-a28f-13bb06c2baf5","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f6ff58aa-de61-46f9-bf27-861e39f7d4cc","keyframes":{"transform":["translate3d(0px, -371.0012%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Pidilite Industries leads the adhesives and construction chemicals market. It is trading at ₹3,110 and has a ROE of 22.8%.

[{"selector":"#anim-d5d15fc2-732f-49f7-b27c-67738d71c2ef [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-a223b128-e5df-459e-b170-f80b8207062c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aba7faf9-f4b5-4eda-b290-33d4d52a40d6","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-13fe57c7-586d-4b4d-970e-a6f3d1ac2a2c","keyframes":{"transform":["translate3d(0px, -371.0012%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Another IT giant, Infosys offers reliable returns due to its strong financials. It is trading at ₹1,779 and has a ROE of 31.8%.

[{"selector":"#anim-c7ecfb08-20a8-4463-aa32-eba480d52d83 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-27c40946-87ef-49b0-b867-c5e91fdb23ed","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5f723cb0-ee70-4b1d-9c2a-d569542e992a","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2aaf29be-8b08-4eef-b9f9-a06ed98c1f2d","keyframes":{"transform":["translate3d(0px, -422.36748%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Avenue Supermarts is a significant player in the Indian retail sector. It is trading at ₹5,011 and has a ROE of 14.5%.

[{"selector":"#anim-751fef9d-0465-4106-bba7-67b22eac70f2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-d1425fb4-702c-4106-92c3-b47f95e89c04","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-be483ec9-2937-4b23-b973-f910149b9af5","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fae2730c-7def-4c01-afa9-ccf0170736e0","keyframes":{"transform":["translate3d(0px, -371.0012%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] It has consistently demonstrated strong financial performance and market leadership. It is trading at ₹3,081 and has a ROE of 31.4%.

[{"selector":"#anim-82a30c73-b144-4bb4-be26-db3490d6d81f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a7891ef9-29c3-4279-b418-d0c334087d7c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-196e43ef-d7a0-458e-9ceb-5f3983a4d869","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-185b22ef-213b-4cb2-8d79-b188b29b7eb9","keyframes":{"transform":["translate3d(0px, -162.00542%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0ca38805-7fcd-4fa8-93da-1d1b54569d8f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-47afe60b-8616-42a3-bac6-3713915b1c2b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-76856d17-83c0-4b71-bf60-1d4b6141e9f9","keyframes":{"transform":["translate3d(0px, -554.00514%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Investment/Trading in securities market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equities and Derivatives can be substantial. Disclaimer

[{"selector":"#anim-67a21202-c289-4c05-bb55-27353bb3c6ac","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-117c4a2e-a778-497d-b347-42fc09d578a7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0591e078-69c6-46da-ad23-754e6bad800b","keyframes":{"transform":["translate3d(-139.02439%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read Next Best US Stocks Under $5 More Web-Stories