The Indian stock market continues to improve by leaps and bounds with the entry of new and powerful companies. The recent growth in the nifty 50 index of the Indian stock market is a strong sign of the growth that Indian stocks can deliver. Out of all the new entrants for long-term investment by investors, Zomato Limited and Jio Financial Services serve as the two powerful contenders that investors can select for their long-term investment portfolio.
While Zomato serves as a tech-driven food delivery company with investments in various organizations, Jio Financial Services uses technology to offer the best financial services. The following article explores the two stocks depending upon aspects for careful selection by the investors.
Zomato Ltd
Zomato is a powerful company that was included in the index in recent months due to its exponential growth in terms of market capitalization and overall exposure to Indian consumers. Serving as the leading food delivery company in India, the company hasn’t been able to improve its revenue generating capabilities by making investments in various sectors like food and grocery delivery. The shift in consumer behavior and overall operational efficiency in terms of increased margins and diversification in various business areas makes Zomato Ltd a strong contender for investment. Moreover, the manifold increase in the Zomato share price is a testament to its growth trajectory making it the best investment choice for investors with a long-term investment perspective.
Jio Financial Services Ltd
Being a financial services arm of the Indian conglomerate Reliance, Jio Financial Services is also an emerging and powerful nifty 50 company that has completely transformed the way Indian clients receive financial services. The company through its technology-driven platform offers an extensive range of financial solutions and services like digital loans, wealth management, insurance, and payment solutions. The company even has strong backing from its parent company allowing it to access a wide customer base without competition. With its diversified financial services, the company has been able to access an extensive untapped market that wishes to attain the best technology-driven financial solutions. The Jio Finance share price has achieved a growth of more than 37% generating exponential returns to the investors. For long-term investors, the company serves as an opportunity that investors can tap into after thorough research.
Conclusion
New and emerging companies like Zomato and Jio financial services represent the growth of the Indian stock market. The companies through their strong governance and diversified operations have been able to position themselves in the emerging Indian stock market. Moreover, they have been able to well position themselves in the nifty 50 index through their strong market capitalization and growth potential. With a rise in consumption by Indian consumers and the advent of a digital phase, Both Zomato and Jio financial services can continue to be strong contenders for a diversified portfolio of investors. Though investment in the companies poses a certain risk, investors can opt for complete research to select the best that fits their investment objectives, risk-taking appetite, and overall investment portfolio.
