Top Five Education Sector Stocks In India For Investment In 2024
Introduction:
India’s education industry is currently experiencing substantial growth and evolution, propelled by governmental endeavours such as the National Education Plan (NEP) 2020 and the National Skill Development Corporation (NSDC). These undertakings are geared towards enhancing educational standards and fostering skill development opportunities for the younger generation.
Consequently, investors are eagerly looking for top-performing education stocks in India, acknowledging that companies capable of innovation and adeptness at adapting to shifting trends are likely to surpass market expectations in the long run.
Start Investing with Free Expert Advice!
In this article, you will explore the five best stocks in the education sector that you can add to your portfolio in 2024. These companies are poised to capitalise on changing educational dynamics in India, and hence, offer lucrative investment opportunities.
Top education sector stocks in India (2024)
Below are the top stocks in India’s education sector for investment in 2024:
1. NIIT Limited
Founded in 1981 to cater to the workforce demands of the IT industry, NIIT Group is an Indian IT services firm that specialises in delivering skill development solutions to individuals, enterprises, and educational establishments. The group comprises NIIT Limited and NIIT Learning Systems Limited and offers a broad spectrum of learning and career acceleration programs, with a focus on the technology and banking sectors.
A sustainable business model, adoption of technological advancements, and robust administration are the reasons that make NIIT Limited the top educational sector stock in India in 2024. As of 20 April 2024, NIIT shares were trading for Rs. 105.25 per share while the NIIT Learning Systems shares were trading for Rs. 504.30 per share at the exchanges.
2. Veranda Learning Solutions
Incorporated in 2018 under the leadership of Suresh Kalpathi, Veranda Learning offers a variety of training courses designed to aid candidates in their preparation for competitive examinations. These programs encompass exams across multiple industries, including the Union Public Service Commission (UPSC), banking, insurance, railways, IAS, and CA.
Furthermore, the organization offers specialized long-term courses, short-term skilling courses, and a range of corporate courses to meet the diverse needs of its students. Currently, the stock is trading above its long-term moving average, making it one of the best education sector stocks in India.
As of 20 April, the stock price stood at Rs. 184.20 per share at the NSE and Rs. 183.95 per share at the BSE.
3. Aptech Limited
Aptech Limited has expanded its educational offerings to encompass vocational training and online learning courses, in response to the increasing demand for skill-based and professional education. With a global footprint and industry-aligned curriculum, Aptech has positioned itself effectively amid the evolving dynamics of the education sector.
As of 20 April 2024, Aptech Limited’s shares were trading for Rs. 234.40 per share at the NSE and Rs. 234.35 per share at the BSE. The return on equity (ROE) stood at an impressive 28.11% and the P/E ratio stood at 22.80.
4. Global Education Limited
Established in 2011 and headquartered in Mumbai, with an additional branch in Nagpur, Global Education Limited is a certified firm offering a range of services to organisations. Their expertise spans vital areas such as branding, marketing, financial analysis, and growth strategies. With a team of seasoned professionals, they collaborate with clients nationwide, providing consultation and services to over 36 prominent organisations and institutes.
As of 20 April 2024, Global Education Limited’s shares were trading for Rs. 241.30 per share at the NSE. The stock’s value has increased by 57.35% in the last year and is poised for further upside in the upcoming months.
5. Career Point Limited
Since its inception in 1993, Career Point Limited has emerged as a prominent Indian education company esteemed for its high-quality educational offerings. With a sterling reputation for academic excellence, Career Point serves students at every educational level, from kindergarten to PhD. The company offers an array of educational courses for pre-school education, K-12 schooling, higher education, and competitive exam preparations.
As of 20 April 2024, Career Point’s shares were trading for Rs. 315.90 per share at the NSE and Rs. 315.10 per share at the BSE.
To conclude
Investing in these education stocks offers you an opportunity to not only generate attractive returns but also contribute to the socio-economic development of the country. However, it’s essential to conduct thorough research and due diligence before making investment decisions
Trending Blogs: Invest in Small Cap & Mid Cap Mutual Fund & Stocks | US FED’s rate cut announcements | Companies affected by Rise in Crude Oil Price | Fall in IT Stocks | Launch of 4 New Indices | Revised Lot Size of Nifty Contracts | RBI Monetary Policy Committee Meet 2024 | ITC Share Surge After BATs Block Deal | Impact of RBI Circular on Currency Trading
Related Blogs – Top sugar stocks to invest in India in 2024 | Best liquor stocks you can add to your portfolio in 2024 | 5 Best Banking Stocks to Invest in 2024 | Top 5 hotels stocks to buy in India in 2024
Popular Stocks: ICICI Bank Share Price | HDFC Bank Share Price | CDSL Share Price | UPL Share Price | TCS Share Price | BHEL Share Price | Trident Share Price | IRFC Share Price | Adani Power Share Price
