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Children's Day Special: GenNext Stocks! Gift your child these new age stocks with strong trends
By investing in these stocks, you can also be a part of new age business models. Zee Business' Mansi Dave, Varun Dubey, Kushal Gupta and Devanshi Ashar have suggested few new generation stocks for you to consider
Children's Day Special: As the world is changing, market is also changing and new trends are emerging every now and then. Considering these new trends and changes this Children's Day, Zee Business brings you the new age stocks (GenNext Stocks), which you can gift your child.
By investing in these stocks, you can also be a part of new age business models. Zee Business' Mansi Dave, Varun Dubey, Kushal Gupta and Devanshi Ashar have suggested few new generation stocks for you to consider. Check the list here:
1. Devyani International Ltd
The company belongs to Quick Service Restaurant (QSR) space and children can directly relate to its products. The brands of the company include KFC, Pizza Hut, Taco Bell and Costa Coffee. The company has come into profits and is continuously expanding.
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The company is also getting benefited from the opening of the economy post the Covid-19 pandemic as people have started going out for dining. The valuations of the company are also good and it has also reduced its debt from the money raise via its initial public offering.
2. OnMobile Global Limited
The company is in the business of mobile entertainment solutions such as platforms, apps, mobile gaming, etc. It is in business for 20 years and has a presence in 60 countries. OnMobile is a global leader in ringback tones.
The company has recently launched ONMO, which is a cloud gaming platform. The international mobile gaming market is expected to grow at a 15 per cent CAGR in next 3 years. India's gaming industry is also estimated to grow by 133 per cent in 3 years. The profit of the company has grown at 24 per cent CAGR in last 5 years.
3. Nazara Technologies Ltd
It is the largest listed company in the online gaming space. Other than India, the company has business in Africa and North America. The company provides platforms for e-sports with interactive gaming.
E-sports currently accounts for 40 per cent of revenue, guiding to be the largest segment by FY22. Its subsidiary NodWin Gaming grew by an impressive 30 per cent in revenue in H1FY22. Also, the company is debt free. The company's profit grew at the rate of 50 per cent CAGR in the last 3 years and has a big advantage due to the growing trend of gaming among the youth.
4. Affle India Ltd
It is a company of Affle Global Technology in mobile advertising. It started in Singapore in 2005 and made teams in India and the UK in 2006. It provides mobile advertising for new businesses like fintech, foodtech and gaming and its focus is on bringing income growth even through good adoption. Advertisers are interested in doing business with the company due to its cost per converted user (CPCU) business model
5. Zomato Ltd
The company is a technology platform for the customer, restaurant and is the only food delivery company among the listed companies. It has a market share of 50 per cent. Online food delivery penetration in India is just around 8-9 per cent compared to its penetration in China of 53 per cent and in America around 40 per cent.
A strong growth is expected for many years ahead and Morgan Stanley Capital International (MSCI) has also included Zomato in India Index. Brokerages trust the company and has given buy target as under:
Goldman Sachs: Target Rs 185, Morgan Stanley: Target Rs 185; Macquarie: Target Rs 183 and CLSA: Target Rs 175.
6. SBI Cards and Payment Services Ltd
The company is one of the giants in credit card business and is supported by the State Bank of India (SBI). There has been a steady growth in the credit card business and per card spend. The company will get the benefit of increasing credit spenders.
It showed strong results in Q2, overall spends is up by 47 per cent, asset quality has also improved. Brokerage firms like Nomura has given buying opinion with a target of Rs 1400. While Morgan Stanley has given overweight rating with a target of Rs 1350.
7. Route Mobile Ltd
The company was formed in 2004 is now a leading cloud communication provider. It has access to over 30,000 customers and over 900 mobile network operators worldwide. It serves industries, OTT players, mobile network operators, etc.
After the Covid-19, most companies are now using digital tools services like Live Chat, IVR, Email, Video, Voice, SMS and Chatbots. JM Financial has given a Buy rating with a target of Rs 2750.
8. Cartrade Tech Ltd
The Company's business is of online automobile platform. It has platforms like CarTrade, CarWale, BikeWale and Shriram Automall. It is the only profitable company in automobile digital platform.
Every quarter about 3 crore new visitors come to the platform among whom more are young population. About 30 per cent of the total workforce is in technology development. Institution holding in the company is of 24.12 per cent ( FII 16% ,DII 8.2%).
9. Indian Railway Catering and Tourism Corporation Ltd (IRCTC)
The company deals in ticket booking, catering, packaged drinking water and tourism work. Company has a monopoly in railway online ticket booking and has big focus on travel and tourism.
It started cruise booking through online portal. Hotel, bus and taxi booking service is also available. IRCTC is running many travel packages and special tourist trains. The company will have a big advantage due to the concept of private trains and has also launched its own e-wallet IPay, ease of booking tickets.
10. Easy Trip Planners Ltd
It is country's second largest online air ticketing company. The company has more than 1 crore customers and is a new age company with a track record of consistent profits. It has expansion plans in hotels and holidays packages.
(Disclaimer: The views/suggestions/advices expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)
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