Best Long Term Stocks to Buy in India 2023 (2023)

Long term investing is a popular investment strategy that intelligent retail investors use to grow their money. Benjamin Graham, the father of value investing, had defined intelligence in investing as someone who does not try to time the market but values the 'time in the market' by picking investment options that suit you best and not investing on hearsay.

While looking for the best stocks to buy in India for the long term, along with fundamentals and qualitative aspects like management quality and efficiency, the financials have to be viewed from a long term perspective. Long term is usually a period of more than 5 years for investors.

In this blog, we have comprised a list of the best Long Term Investment Stocks for 2023.

Best Stocks to Buy in India for Long Term for 2023

Here is a list of the best shares to buy for long term-

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Long Term Stocks India



Reliance Industries

Multinational Conglomerate


Tata Consultancy Services (TCS)

Information Technology



Information Technology





Hindustan Unilever


Factors to Consider Before Choosing the Best Stocks to Buy in India for Long Term 2023

  • The Market Capitalization of the Stocks Should be at least More Than Rs 10,000 crores.

Simply put, the market cap is the market value of the company. It is the price at which you can buy all the outstanding shares of the company. It is calculated by multiplying the number of outstanding shares by the cost of each share trading in the market. Since the stock price is a dynamic number, the market cap also changes frequently.

It tells the size of the company. More prominent companies with higher m-caps have already reached a particular stage and are less prone to volatility with lower risk levels.

Hence for assured and less volatile returns, a high market cap is an excellent measure to single out companies and select the long term stock to invest in.

  • Profit Growth for Three Years Should be More Than 10%

While operating profit takes only the core business into account, net profit takes all aspects of a company. It also accounts for costs such as taxes, and interest expenses for an outstanding debt and reflects the real earnings of the entire business.

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The net profit comes at the bottom of the profit statement after accounting for all costs and expenses, hence is known as the bottom line.

Best Long Term Stocks India: Overview

1) Reliance Industries

Reliance Industries Limited is an India-based company, which operates in the Oil to Chemicals (02C), Oil and Gas, Retail, Digital Services, and Financial Services segments and is one of the best shares to buy for long term.

2) Tata Consultancy Services (TCS)

Tata Consultancy Services Limited (TCS) is an India-based company engaged in providing information technology (IT) services, and digital and business solutions and is one of the safest share to buy in india.

3) Infosys

Infosys Limited is engaged in consulting, technology, outsourcing, and next-generation digital services. It is a top-notch global leader in digital services and consulting domain.

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4) HDFC Bank

HDFC Bank Limited (the Bank) is an India-based private sector bank. The Bank caters to a range of banking services covering commercial and investment banking on the wholesale side and transactional/ branch banking on the retail side.

5) Hindustan Unilever

Hindustan Unilever Limited is an India-based consumer goods company. It is a subsidiary of the British company named Unilever. It is headquartered in Mumbai and is one of the most renowned FMCG company across the globe. Its shares are often a top choice of investors.

Additional Things to Remember

  • Pick a few financials, look at qualitative aspects like management quality, ethics, and CSR activities, and assess them based on historical information and over three years or more.
  • Filter companies, according to their market cap and pick leaders from respective industries which have shown proven long term sustainable performance.
  • Align your risk level with the risks of the company. Conduct a business and industry analysis to understand industry-specific factors and risks.
  • Invest in a company only if you understand the company and what it does.


This was the list of the best long term stocks to buy in 2023. Time lets your returns compound over time. If you do not withdraw your returns or interest earned midway, you compound returns on an accumulated number rather than just your principle; your returns will compound manifold.

Time helps us rule out volatility and short-term risks. If you invest Rs 1,000 in year one and you earn 10% returns on it, your amount at the end of year one will be Rs 1,100. If you let your money compound over time and do not redeem your returns, next year you will get returns of Rs 1,100.

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Now do this exercise for more significant amounts of investment and for a longer time. The essence and magic of any investment are in the long term.

Disclaimer: The views expressed in this post are that of the author and not those of Groww.

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Research Analyst - Bavadharini KS

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What stock will grow the most in 2023? ›

  • Bank of America's Best Growth Stocks of 2023.
  •, Inc. ( AMZN)
  • Constellation Energy Corp. ( CEG)
  • CoStar Group, Inc. ( CSGP)
  • Alphabet Inc. ( GOOGL)
  • Halliburton Co. ( HAL)
  • Eli Lilly and Company (LLY)
  • Match Group, Inc. ( MTCH)
Mar 2, 2023

Which stock will be multibagger in 2023? ›

The Most Overlooked Ingredient of a Multibagger Stock
Company NameStock Price 10 Years BackP/E Ratio 10 Years Back
Eicher Motors Ltd.21837.1
Britannia Industries Ltd.24230.7
Pidilite Industries Ltd.18926.7
Trent Ltd.10658.2
14 more rows

Which share will grow in 2023 in India? ›

According to the analysis, companies like Zomato, Lemon Tree, CESC, NHPC and Motherson Sumi Wiring are expected to give the highest returns this year.

Which stocks will go up after Budget 2023? ›

Axis Securities expects Budget to have a positive impact on stocks such as KNR Constructions, PNC Infratech, RITES, KEC International and, PSP Projects.
  • KEC Int.
  • NTPC.
  • Adani Power.
  • JSW Energy.
  • NLC India.

Which sector will boom in 2023? ›

In addition to this, the Indian government's green energy push has led to the renewables industry growing at an astounding rate. Moreover, the forthcoming budget for F.Y. 2023-2024 will likely push renewables even further. This makes the energy sector one of the best sectors to invest in India right now.

Which stocks can double in 2023? ›

3 Stocks That Can Double Again in 2023
  • Upstart could change the lending industry with its proprietary platform.
  • Amazon is still profitable, and revenue growth remains healthy.
  • Shopify's revenue is surging from pre-pandemic levels.
  • Motley Fool Issues Rare “All In” Buy Alert.
Jan 6, 2023

Which penny stock will boom in 2023? ›

Best Penny Stocks To Buy Now In India March 2023
  • Featured Partner Offer.
  • Best Penny Stocks To Buy Right Now In India 2023.
  • Suzlon Energy Ltd.
  • South Indian Bank.
  • Reliance Power.
  • Vodafone Idea.
  • Bank of Maharashtra.
  • Features of Penny Stocks.
Feb 10, 2023

Which stock is best for next 5 years? ›

Growth stocks for next 5 years
S.No.NameCMP Rs.
1.Brightcom Group21.73
2.Fineotex Chem236.00
3.Likhitha Infra.241.45
4.R Systems Intl.251.40
23 more rows

Which industry will boom in next 5 years? ›

10 Global Industries That Will Boom in the Next 5 Years
  • 5G Security. ...
  • Virtual Reality Gaming. ...
  • Virtualization Software. ...
  • Digital Education. ...
  • Healthcare Predictive Analytics. ...
  • Cannabis Edibles. ...
  • E-commerce Logistics. ...
  • Solar Energy Solutions.
Jan 10, 2023

Which is best stock for next 10 years? ›

Future Multi Bagger Stocks In 10 Year
S.No.NameCMP Rs.
2.Lords Chloro165.40
3.Sarthak Metals179.05
4.Jindal Stain.302.75
23 more rows

What are the 10 stock to buy in 2023? ›

Apple, Moderna, TSMC, Ramsay, Compass, James Hardie, Seek, Shiseido, RPMGlobal, Cellnex, Nexted among Future Generation's stock picks for 2023: Chanticleer.

Which Indian stock will go up in future? ›

growth stocks for future
S.No.NameCMP Rs.
1.EKI Energy647.30
2.Tips Industries1516.55
3.Supreme Petroch.375.50
4.Manali Petrochem68.80
23 more rows

Which is next multibagger stocks in India? ›

S.No.NameCMP Rs.
1.Gretex Corporate99.00
2.Sarthak Metals178.45
3.Wealth First Por320.90
4.Themis Medicare1224.30
7 more rows

Which stocks to buy before budget 2023 in India? ›

Budget 2023: Top 10 stocks in focus after Sitharaman's...
  • 1/11. Win some lose some. ...
  • 2/11. Larsen & Toubro. ...
  • 3/11. ICICI Bank. ...
  • 4/11. Tata Motors. ...
  • 5/11. ITC. ...
  • 6/11. LIC. ...
  • 7/11. Indian Hotels. ...
  • 8/11. Dixon Technologies.
Feb 1, 2023

Which is the fastest growing stock in India? ›

CompanyCMP (Rs)Sales CAGR (3 yrs, %)
UNION BANK73.325.8%
16 more rows

Which Adani share to buy for long term? ›

Adani Ports is one of the stock which has rebounded most and now increasingly commentary coming in from fund managers suggests that some of them are nibbling into names such as Adani Ports or even Ambuja Cements.

Will stock market do well in 2023? ›

Unfortunately, analysts are anticipating negative overall earnings growth will continue in the first half of 2023. Analysts project S&P 500 earnings will drop 5.7% year-over-year in the first quarter and another 3.7% in the second quarter.

How much will stocks increase in 5 years? ›

5-year, 10-year, 20-year and 30-year S&P 500 returns
Period (start-of-year to end-of-2022)Average annual S&P 500 return
5 years (2018-2022)7.51%
10 years (2013-2022)10.41%
20 years (2003-2022)7.64%
30 years (1993-2022)7.52%
Feb 13, 2023

Which company will grow in 2023? ›

Best Stocks to Invest in 2023
  • Reliance Industries.
  • Tata Consultancy Services.
  • HDFC Bank.
  • Infosys.
Jan 11, 2023

What are the top 5 sectors in India? ›

List of Top 5 Sectors in Indian Stock Market
  1. Healthcare Sector. The global healthcare sector may reach a valuation of $63.90 billion in 2023. ...
  2. Information Technology Sector. ...
  3. Real Estate Sector. ...
  4. FMCG (Fast-Moving Consumer Goods) Sector. ...
  5. Infrastructure Sector.
Feb 13, 2023

Where will stock market be in 2023? ›

Most stock market forecasts for 2023 see moderate improvement. UBS targets a year-end 2023 S&P 500 at 3900 and KKR sees it at 4150. CFRA expects a 2.9% gain, which would put the S&P over 3900.

Which penny stock can become multibagger in India? ›

Penny stock - multibagger
S.No.NameCMP Rs.
1.Bhilwara Tech15.35
2.NDA Securities10.60
3.Sita Enterprises17.50
4.Mercantile Vent.17.85
6 more rows

Which penny stock can become multibagger in 2025? ›

#4 Centum Electronics

Centum has a strong export market and derives over 75% of its revenues from overseas locations. Presently, its market is spread across North America, Europe and Asia. The company has high growth prospects in the area it specializes in and this factor makes it among multibaggers in stock market.

What's the fastest growing penny stock? ›

Fastest Growing Penny Stocks
Price ($)Revenue Growth (%)
SNDL Inc. (SNDL)2.071,447.6
Rocket Lab USA Inc. (RKLB)4.911,092.7
IonQ Inc. (IONQ)4.881,085.8

How to pick good stocks in Indian market? ›

You have to select those stocks that have high liquidity. Don't buy stocks that are highly volatile because these kinds of stocks may over react to any news in a bigger way. Conduct thorough research and then buy a stock. You can buy shares of a company from primary as well as secondary market.

Which stock gives highest return in last 5 years in India? ›

Highest returns in 5 year
S.No.NameCMP Rs.
1.Best Agrolife1116.00
2.National Standar4773.45
3.Raj Rayon Inds.86.30
4.Authum Invest217.90
19 more rows

What are best stocks to invest in right now in India? ›

Stocks to Buy Today: Best Shares to Buy in India
Company NameLTPHigh
Pulz Electronics66.466.4
Kirl. Ferrous454.15456
Wonderla Holiday459.5467.4
Power Mech Proj.2405.72457.6
6 more rows

What is the future of Indian stock market? ›

On the domestic front, earnings estimates in India are expected to grow in mid-teens in the coming two years. Valuations could get impacted if there is too much disappointment from slower economic growth on account of higher commodity prices including high energy prices leading to potential earnings downgrades.

Which industry is growing in India 2025? ›

India's chemical industry is expected to reach US$ 304 bn by 2025, clocking an annual growth rate of over 15%.

Which share grow fast in future? ›

S.No.NameCMP Rs.
5.Natco Pharma569.10
6.Jyothy Labs189.50
8.Hinduja Global1206.70
23 more rows

Should I invest in Adani Power? ›

"While the value of Adani shares are almost at a 52-week low, the volatility in the shares is still fairly high and may continue to be so in the short term.So, I would not advise to invest in the shares in the short term unless one wants to play on the speculation.

Is it good to invest in Tata Steel for long term? ›

Meanwhile, in January 2023, Tata Steel rose 6 percent whereas JSW shed 6 percent. In the long term, both steel stocks have given multi-bagger returns. Tata Steel has rallied 101 percent in the last 5 years while JSW Steel has surged 156 percent.

What is the best growth stock? ›

Best-performing growth stocks
Company Name & SymbolRevenue Growth (Last Qtr vs. Same Qtr Prior Yr)Price Performance (1 Yr)
e.l.f. Beauty Inc. (ELF)49.35%182.82%
Aehr Test Systems (AEHR)54.15%145.22%
Catalyst Pharmaceutical Inc. (CPRX)59.21%95.64%
Axcelis Technology Corp. (ACLS)29.35%85.70%
5 more rows
Mar 1, 2023

What are the 10 best stocks to buy right now? ›

10 Best Stocks to Buy Now—March 2023
  • Comcast CMCSA.
  • Taiwan Semiconductor Manufacturing TSM.
  • Roche Holding RHHBY.
  • Walt Disney DIS.
  • Equifax EFX.
  • TransUnion TRU.
  • International Flavors & Fragrances IFF.
  • Anheuser-Busch InBev BUD.
Mar 1, 2023

What are the best stocks to hold forever in India? ›

Best Stocks for 2022 (Long Term): Do You Have them in Your Portfolio?
  • Reliance Industries. An India-based company that operates in Oils To chemicals, Oil to Gas, retail,, Digital Service and financial service is considered as one of the best stocks to buy for long-term Prospects. ...
  • TCS. ...
  • Infosys. ...
  • Hindustan Unilever. ...
  • HDFC Bank.
Jun 22, 2022

Which stock gives highest profit in India? ›

High Profit stocks
S.No.NameCMP Rs.
1.Hindustan Motors15.23
4.Starlite Comp.2.47
23 more rows

What is the most profitable stock ever in India? ›

Reliance Industries Limited (RIL)
  • Mukesh Ambani led Reliance Industries Limited is the highest profit-making company in India having a diversified portfolio in multiple sectors such as oil, gas, retail, banking, digital and others. ...
  • In 2022, it became the first Indian company to cross $100 billion in terms of revenue.
Nov 28, 2022

Which share is continuously growing in India? ›

consistently growing stocks
S.No.NameCMP Rs.
1.Standard Inds.29.75
2.EKI Energy657.00
3.Ksolves India443.30
4.Guj. Themis Bio.647.35
23 more rows

What stocks will double in 2023? ›

The focus of this column is on growth stocks that can double in 2023.
7 Growth Stocks That Can Double in 2023.
DRSLeonardo DRS$13.03
CURLFCuraleaf Holdings$3.97
RIOTRiot Platforms$5.64
3 more rows
Jan 11, 2023

What sector will boom in 2023? ›

2023 US sector outlook
  • Energy. Information. technology. Health care. Utilities.
  • Real estate. Materials. Industrials. Communication. services.
  • Consumer. staples. Consumer. discretionary. Financials.

Will shares go up in 2023? ›

While the market as a whole may tumble in 2023, some sectors may be poised to outperform amid a downturn. Higher rates have hurt growth stocks, but many value stocks have performed well, or at least not nearly as poorly. And that's one area to watch in 2023, say experts.

What stocks will Morgan Stanley pick for 2023? ›

Stocks like Dick's Sporting Goods & Verizon are Morgan Stanley's best buys for 2023.

Which sectors to invest in 2023 for long term? ›

Best Sectors for Long term Investment In India In 2023
  • Speciality Chemicals. India is among the world's fastest-growing marketplaces for all types of chemical goods. ...
  • Green Energy. ...
  • Electric Mobility. ...
  • Digital Transformation & Inclusion.

Which industry will grow in next 5 years? ›

Already a huge global market, e-commerce logistics is poised to achieve steady growth in the future. The e-commerce logistics market was an estimated $243.4 billion in 2020 and is expected to rise at a CAGR of 18.9% to reach a staggering $819 billion by 2027, according to the report eCommerce Logistics.

Which sector will grow in next 5 years? ›

Read further to know more about which sector will grow in future in India and which sectors in India will flourish even more in the investing game, in the near future.
Renewable Energy Sector
  • Reliance Power Industries.
  • Indian Energy Exchange.
  • Indraprastha Gas Ltd.
  • Borosil Renewables.
  • Siemens.
May 19, 2022

Is 2023 a good year to Buy stocks? ›

Stocks are down

When something's cheap you can buy more of it for the same price, which makes 2023 a great time to start investing. Using the ratio of stock prices to corporate earnings as a measure of valuation, the S&P 500 now trades its cheapest level in years.

Will there be a stock market crash in 2023? ›

The only three countries where citizens believed a 2023 stock market crash was less likely were China, Israel, and Hungary.
Stock Markets Crash Predictions By Country.
Market Crash Predictions by CountryLikely (2023)Unlikely (2023)
🌎 Global Average50%31%
6 more rows
Jan 16, 2023

Will 2023 be better for the stock market? ›

After ending the year down nearly 20%, the S&P 500 index is in the green for 2023. And the Nasdaq Composite — which plunged 33% in 2022 — is up more than 4.5% this year. So when will stocks fully recover from the bear market? Many experts appear optimistic it will happen in 2023.

Which stock gives highest return in last 3 years? ›

Flomic Global Logistics Ltd. SG Finserve Ltd. Sejal Glass Ltd. Bohra Industries Ltd.

What are the best biotech stocks to invest in? ›

The Cream Of The Crop: 5 Biotech Stocks That Outrank 91% Of All Stocks
  • Catalyst Pharmaceuticals (CPRX)
  • Biomarin Pharmaceutical (BMRN)
  • Amphastar Pharmaceuticals (AMPH)
  • Horizon Therapeutics (HZNP)
  • Vertex Pharmaceuticals (VRTX)
6 days ago


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