Friday 24 April 2020

4 Best Shares for long term investment

 Due to Covid-19, slowdown in economy is expected. Not only in india but all around the world's know about the slowdown. & it is logical.

There's some sector where position can  be very good In coming years.

We have 4 best stocks which will multiply your investment in long term investment.

1. SBI LIFE INSURANCE COMPANY LTD.


SBI life insurance company is currently trading at 725rs.
If you check it's return you will see...
1week= +0.52%
2week= -4 74%
1month= +31.62%
3month= -28%
YTD =-26.7%
1year= -14.27%

Some experts says Demand in Insurance company will increase after this pandemic. And eventually this insurance company will get benefits. IF you are looking for long term investment SBI life could be a good option for you. It can be Beneficial for your long term investment.

2. HDFC LIFE INSURANCE CO. LTD

HDFC  life insurance co. Ltd is currently trading at 490rs. On23rd april  2020.
1week= +7.02%
2week= +6.68%
1month= +46.66%
3month= -17.79%
YTD =  -19.5%
1year= +26.79%

Investors who bought shares before 1 year is still in positive return of about 27% even After this Covid‐19 crash.

3. ICICI PRUDENTIAL LIFE INSU. CO. LTD

ICICI prudential life insurance company ltd is currently trading at 365rs.

1week= +12.47%
2week = +8.5%
1month = +54%
3month = -26.93%
YTD = -23%
1year = 0.31%


Also in this company if you bought shares 1year ago, today you are might not get big profit but you are at least not in negative returns. Even after this covid-19 crash.
Experts expects demand in insurance company will increase.

4. Icici Lombard general insurance co. Ltd 



Icici lombard general insurance co. Ltd is currently trading at 1190rs. On 23April 2020

1week= -1.04%
2week = -2.7%
1 Month= +37.39%
3month = -13.29%
YTD = -18%
1 YEAR = 6.93%


If you bought shares in this company 1year ago you are still in Positive return.

Do you noticed one thing?
If you bought any of the insurance company's share 1year ago. You are still in positive return even after this big crash. And expert have positive view for this sector in coming year. If you are going for long term investment. This sector can be a good choice.

" let's create wealth together"

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