It is a natural urge within each one of us to look for regular income by way of trading. It might be a good idea to select only fundamentally strong candidates for trading because even if a trade is stuck, we are assured that their fundamentals will protect us from a large loss and might ultimately yield profits even if it might entail a longer hold period
Here are three such scrips that have good liquidity in the market as well are a part of NSE 500 index:
Coromandel International – An integrated agri -solutions provider
Coromandel International Limited, part of 381 billion (38,105 crores) Murugappa Group, is one of India’s first and leading Agri solutions provider, offering diverse products and services across the farming value chain. The business consists of two major segments: Nutrient and Crop Protection. It specializes in Fertiliser, Crop Protection, Bio pesticide, Specialty Nutrient and Organic fertilizer.
Bharat Electronics Ltd – is a PSU aerospace and defence company with nine factories in India. Products include Advanced Composite Communication System, Electronic Warfare System, Naval Fire Control System, 3D Surveillance Radar.
Hindalco – The Co. ranks among the top global five aluminium producers based on shipments and is an integrated producer with a low-cost base and a strong presence across the value chain. The Co’s copper division operates one of the world’s largest single-location customs copper smelters. Hindalco produces copper cathodes, and continuous cast copper rods in various sizes
Beta is a good parameter to consider when taking a trading position. It measures the percentage by which a scrip will move with a percentage change in the underlying index. While Coromandel and BEL have low beta HINDALCO is high beta
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