India Can Deliver "20% Share Price Growth a Year"

The oil rally has dragged on India's market returns, but fund managers are bullish and note that stocks compound at 20% a year

David Brenchley 30 July, 2018 | 12:19PM

India, Mumbai, Delhi, Indian stock market, long-term investor

Albert Einstein is said to have called compound interest the eighth wonder of the world and Warren Buffett holds it as one of the biggest factors behind his incredible investment success. Compounding should certainly be a big consideration for any investor – and for most companies.

Many fund managers speak of firms that can compound their growth rates consistently over time, and investors in India believe that the Asian country has the best compounders in the world.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Dewan Housing Finance Corp Ltd16.70 INR9.87
Endurance Technologies Ltd1,065.00 INR-0.67
Essel Propack Ltd260.90 INR-0.34
Fidelity Asian Values Ord363.14 GBX0.87
India Capital Growth Ord69.96 GBX-1.33
JPMorgan Indian Ord605.77 GBX0.29
LIC Housing Finance Ltd297.00 INR2.01
Power Grid Corp Of India Ltd163.80 INR4.20
Sagar Cements Ltd669.00 INR-0.52
Sandhar Technologies Ltd Ordinary Shares243.55 INR-2.29

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk

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