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Top 10 long term stocks that may give double digit returns

There is a constant headline everywhere and that is occurring every time about the Indian market gaining for the fifth consecutive day straight after the Budget announcement.

However, it is indeed something which will dominate all the news headlines for as long as the Indian market will continue to set new benchmarks.

Both the benchmark indices have not just achieved but have exceeded the previous benchmark targets.

The Nifty and the Sensex surpassed the dream milestones of 15,000 and 51,000 respectively.

However, seeing this rally many investors might be thinking about some long and short-term investments.

There are around 10 long term stocks that can give double digit returns with an upside of 15%-32%.

The first scrip in this list is Mahindra and Mahindra with an LTP of Rs 865.60 and upside of 15%. According to experts, this scrip can benefit investors from its leadership status in tractor segment.

Also, the company has taken steps to accumulate around 18% of RoE from its all business-segments. It makes a very strong case for re-rating of this stock.

Moving ahead, the second stock is of Hero MotoCorp, Gujarat Gas, HPCL, Trent, KPR Mill and PNC Infratech.

Moreover, the stocks of the Pharma industry are emerging at a higher level in the market after the Bank Nifty and the realty sector took over the market.

The list of top 10 long term stocks also includes the shares of Cadila Healthcare and Ipca Laboratories. Both the scrips are available with an upside of 31 and 32 percent respectively.

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