All-rounder or all-rounder in cricket, VERSATILE in acting and CONGLOMERATES in business all have their own special place in the world. In simple words, it means that one thing has many benefits. Since our focus is business, today we have selected companies whose business is diversified. That is, the company does many types of business under the same industry or banner. Such companies can be very beneficial for investors because they can benefit from many types of business growth despite investing in a single share. So let us know which are the companies which do many types of business and are aggressive at the current levels.
All-rounder earning share- ITC
It is the country’s leading company in the private sector. ITC has the largest cigarette business in the country. ITC Foods ranks third in the country in the FMCG sector. Apart from this, the hotel is also involved in business and the company has many hotels across the country. The company deals in packaging and paperboard. Not only this company ,ITC provides technology service under the name Infotech.
All-rounder earning share- VEDANTA
The company is a subsidiary of Vedanta Resources. It is the first Indian company to be listed on the London Stock Exchange. It currently trades in Zinc, Aluminum, Oil & Gas, Power, Iron ore, Copper, Steel. It is the largest non-ferrous metal company in India. The company is constantly focusing on expanding organically and inorganically. The company’s 52-week peak is Rs 228 while its current price is Rs 148.
All-rounder earning share – GRASIM
It is a company of Aditya Birla Group. It deals in VSF, Chemical, Textile and Cement. The company currently holds a 60.2 percent stake in UltraTech. The company holds a 55.99 percent stake in Aditya Birla Capital. Not only this, the company is the largest producer of Viscose Staple Fiber (VFS).
All-rounder earning share- TITAN
Titan trades watches, goggles, perfumes and saris. It is a giant of the Tata Group. It is the world’s 5th largest domestic watch company. Its functioning is more than 30 years old. The company currently has a total of 1700 stores. It sells watches through 11000 multi brand outlets. The company operates through 2279 outlets in 31 countries including India.
All-rounder earning share – L&T
The company is a capital goods giant. Its company operates in more than 30 countries. It is more than 80 years old. This company has an outstanding orderbook of about 2.93 lakh crores. Its orderbook is double the revenue of the next 2 years. 32 per cent of its orderbook comes from abroad.
All-rounder earning share- BOSCH
This company has business of auto ancillary, car, service, power tools. In addition, Security Solutions is also a home appliance business. It is a subsidiary of German company listed only in India worldwide. It operates through 13 subsidiaries in India. The company has been operating in India for nearly 70 years. This company had a buyback at a price of 21000 per share.
All-rounder earning share – 3M INDIA
It is a company in the industrial safety, healthcare, consumer, energy segment. It is a 100-year-old American company. The company has 1.13 crore equity. This company is completely debt free. The promoter holds a 75 percent stake in this company. FIIs hold 6.79 per cent while MFs have 3.14 per cent. The veteran RK Damani holds 1.48 percent stake in the company.