Best Finance Stocks to Buy – Top 10 Companies in the Finance Sector in India

In this article, readers will be introduced to the top 10 Finance Stocks to buy that are known for yielding a high amount of return.

The financial sector in this country has always been powerful, with a large number of big companies.

These companies offer the best wealth management solutions, and their shares are considered the best Financial Shares to buy in India.


Top 10 Financial Service Stocks to Buy in India – List of Finance Shares to Buy

RankStock Broker
1HDFC Life
2SBI Life
3SBI Cards
4ICICI Prudential Life
5ICICI Lombard General Insurance
6HDFC AMC
7General Insurance Corporation of India
8The New India Assurance Company
9Nippon Life India AMC
10Max Financial Services

India is the home for a large number of financial service companies, and this article will name the top 10 amongst them.

Finance Stocks to BuyHere, the names for the 10 Best Finance Stocks to Buy at present will be discussed along with some essential details about them.

All these shares have been performing exceptionally in the stock market for a long time and this gives confidence to investors.

Their market worth is very high in the finance sector, and thus, traders can expect a good return on investment.

The names for the Top 10 Financial Service Stocks are HDFC Life Insurance Company Ltd., SBI Life Insurance Company Ltd., SBI Cards, ICICI Prudential Life Insurance Company Ltd., ICICI Lombard General Insurance Company Ltd., HDFC Asset Management Company Ltd., General Insurance Corporation of India, The New India Assurance Company Ltd., Nippon Life India Asset Management Ltd., and Max Financial Services.

These names are arranged according to their market worth, and share value and readers should go through the details about them in the following section.


HDFC Life Insurance Company Ltd. – Best Finance Shares to buy in India

The first name in the list of the 10 Best Finance Shares to buy is of HDFC Life Insurance Company Ltd.

It was incorporated by the Housing Development Finance Corporation and is one of the leading insurance companies at present.

Its net market worth is Rs. 118989.87 crores, and this is a major reason for its superb performance in the stock market.

This share has managed to bounce back efficiently from its 52 weeks low and is going well currently. The 52 weeks low was 340, while the 52 weeks high was 647.60.

A large volume of HDFC Life Insurance Company Ltd. shares is traded daily, which attracts more investors.


SBI Life Insurance Company Ltd. – Top Financial Service Stocks to buy in India

SBI Life Insurance Company Ltd. stocks are the Best Financial Service Stocks to buy in India as their ROI is very high.

The company has managed to grab the second position in this list of top 10 shares in the finance sector for many reasons.

Firstly, it has overcome the 52 weeks low excellently, and currently, its graph is directed upwards.

Secondly, the market capitalization is very high, and it is of Rs. 83368.33 crores. SBI Life Insurance Company Ltd. is a subsidiary of the State Bank of India, and this increases its credibility to a great extent.

The 52 weeks low of this share was 519 and the 52 weeks high is 1030.


Check out the list of best stocks to buy from other sectors

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SBI Cards and Payments Services Ltd. – Most Traded Finance Shares in India

The third position holder among the Most Traded Finance Shares in India is SBI Cards and Payment Services Ltd. It is the second subsidiary of SBI in this list and has been serving a huge client base for a long time.

The total worth of this finance company is Rs. 75952.22 crores. This share yields a dividend of 0.12% that allows investors to earn some more profits on their investments.

The 52 weeks low was 495 while the 52 weeks high was 848.70, and this shows this share has caught up with the momentum.

Millions of traders invest in this share every day, and they frequently received positive results.


ICICI Prudential Life Insurance Company Ltd. – Top 10 Financial Service Stocks to buy

ICICI Prudential Life Insurance Company Ltd. is a leading life insurance company in India that sells the highest insurance plans. Its stocks are considered among the Top 10 Financial Service Stocks to buy in this country.

This insurance company was established in 2000 and currently has the market value of Rs. 61096.40 crores. Investors earn a dividend of 0.19% from this stock that enhances their profit accounts.

ICICI Prudential Life Insurance Company shares had 52 weeks low of 226.10 and 52 weeks high of 537.30, which is more than two times.

This company’s extended portfolio is attracting more investors and creating profitable options for shareholders.


ICICI Lombard General Insurance Company Ltd. – Best Finance Shares in India

ICICI Lombard General Insurance Company Ltd. is a sister company of ICICI Bank and was established in 2001. It serves a vast customer base with the best insurance and investment management services.

This share is the fifth name in the list of the 10 Best Finance Shares to buy in India and is traded in a considerable volume every day. At present, the net worth of the company is Rs. 58150.07.

This share yields a dividend of 0.27% and investors receive it according to their holdings.

The 52 weeks low-high ratio marked the lower value as 805 and the higher value as 1440.40, which shows the company is recovering from its low.


Here are the list of Top Stocks to Buy from other Sectors

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Top Tobacco Stocks to Buy

HDFC Asset Management Company Ltd. – Top Financial Service Shares to buy in India

HDFC Asset Management Company Ltd. is counted among one of the top-notch wealth management companies in India and has a large number of happy customers. The share of this company is one of the Top Financial Service Shares to buy.

This company has the market capitalization of Rs. 51464.57 crores, and this figure is increasing steadily.

The share has bounced back with a punch from its 52 weeks low and has proved its worth to investors. Its 52 weeks low was 1962 while the 52 weeks high was 3844.

HDFC AMC shares yield a dividend of 1.16%, which is quite remarkable.


General Insurance Corporation of India – Best Finance Shares to Buy

The seventh rank holder in this list of the 10 Best Finance Shares to Buy is the General Insurance Corporation of India.

It is a state-owned enterprise with the net worth of Rs. 25175.64 crores. The share of this company has shown a remarkable leap and overcame its 52 weeks low efficiently.

According to the 52 weeks low-high ratio of the share, the lower value was 81.50, and the higher cost was 334.05.

This insurance corporation was established in 1972 and had numerous subsidiaries in different countries across the globe.

Shareholders get assured return by investing in the shares of General Insurance Corporation of India.


The New India Assurance Company Ltd. – Best Financial Service Stocks to buy

The New India Assurance Company Ltd. is the eighth name among the 10 Best Financial Service Stocks in India. It is the largest public insurance company with the market capitalization of Rs. 18375 crores.

This share has successfully come up from its 52 weeks low and showing a good performance in the stock market at present.

The 52 weeks low was 74.10, where the 52 weeks high was 179.15, which is more than twice the lower value.

This insurance company has branches in different corners of India and other countries, and its shares are a reliable investment option.


Nippon Life India Asset Management Ltd. – Top Finance Stocks to buy in India

Nippon Life India Asset Management Ltd. has secured the ninth position in the list of the Top Finance Stocks in India. It was founded in 1995 and is a public limited company that serves a vast customer base.

Currently, the company has a market value of Rs. 17074.86 crores, and its robust portfolio expansion is drawing in more investments.

The Nippon Life India Asset Management Ltd. shares are doing great in the market with a noteworthy 52 weeks low-high ratio.

Its 52 weeks low was 207.70 and 52 weeks high was 452.90. These shares yield a dividend of 1.79%, which adds to the profits earned by shareholders.


Max Financial Services Ltd. – Financial Service Stocks to buy

The ultimate name among the Top 10 Financial Service Stocks to buy in India is of Max Financial Services Ltd. It is a part of the well-renowned Max Group and holds a prominent position in the financial sector.

The market capitalization of the company is Rs. 15919.72 crores. This share has recovered from its 52 weeks low and is performing with robustness currently.

The 52 weeks low was 276.35, whereas the 52 weeks high was recorded as 641.75. Max Financial Services Ltd. Stocks have an EPS of Rs. 8.98.

This financial service company was incorporated in 1988 and had been serving relentlessly to a large number of clients.


Finance Stocks to Buy – Conclusion

It can be concluded from this article that the companies mentioned above are the best Finance Shares to buy at present.

These shares yield a high amount of return, and they are performing exceptionally in the stock market. Readers can choose the most suitable Financial Service Stocks to buy in India easily if they follow this article very carefully.


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