November 26, 2022

It may sound simple to invest. Earn& invest. It can be difficult for investors to know where to start when there are so many publicly traded companies and mutual funds. Here are some stocks such as ITC, Apollo, and SBI Bank share prices that you can buy in 2022.
  • Apollo Tyres

They are a well-known tire manufacturer, with operations in India as well as Europe. With an installed capacity of Rs. 7.9 lakh MT per annum It is a significant presence in TBR, with a 31% market share. ATL receives 67% of its revenue from APMEA which is primarily India and 32% from Europe.

ATL anticipates strong growth in its export markets, with North America and the Middle East Markets leading exports. The company is primarily focused on the development of special tires in the Electronic Vehicle market and is active in the Research and Development stage.

Notable is the fact that Apollo Tyre’s stock prices have declined by 3% from Rs. 227 levels in May 2017, which was below the Nifty Auto Indices. Apollo Tyres are now valued at Rs. 250, whereas their previous target price had been Rs. 270.

  • ITC Limited

It is the largest cigarette company and the second-largest FMCG firm in the country. It holds a 78% share of the cigarette market and is well-known for its staples, noodles biscuits, chocolate snacks, dairy products, personal grooming products, and other products.

They also have a presence in the paperboard, printing, and packaging industries with revenues of Rs. 4549 crores, and an agribusiness earning Rs.8001 crores. It owns over 200 manufacturing plants in India and has a distribution network of more than 6.6 million outlets through multiple trade channels. There are also over 25 brands that span many categories.

  • State Bank of India

It is commonly known as SBI. This is a public-sector bank. With a balance sheet exceeding Rs. 54 lakh crores. It is strong in retail portfolios and has the best-operating metrics within the PSU banking sector.

It is home to significant subsidiaries and an outlook that adds value to banks. The SBI share has also seen a strong performance in asset quality which is a positive sign for the SBI share. They are worth considering if you want to invest in them.

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