Investing in the Stock Market is a common way to generate passive income. Many people invest in their earring’s fixed proportion to secure their future. It is necessary to select quality shares to generate a passive income source through investing in the share market.
If we want assurity, we have to invest in shares of top companies like Apple, Google, Samsung, Nestle, etc. But the problem with these companies’ shares is that they are of high value, and common people can’t afford to invest in these companies shares.
It becomes problematic when someone wants to invest in the right shares, but the amount for investment is not enough to invest in them.
To cope with this situation, we are recommending some quality shares in our article that are under INR 1500:
Infosys ltd is one of the most prestigious companies in the information technology segment. It provides information technology and business consulting-related services. This company has a wide variety of clients. It possesses clients from more than 50 countries and has solid finance.
The share price of Infosys Ltd at the time of writing this article: ₹1477
APL Apollo Tubes Ltd
Apollo Tubes Ltd manufactures tyres and it has a genuine brand value amongst the users. This company manufactures approx. 1500 varieties of MS black pipes, pre-galvanized tubes, galvanized tubes, ERW steel tubes, and related items to serve industrial purposes.
Apollo Tyres Ltd has headquarters in Gurugram, Haryana, and this company was incorporated in 1972. Since then, it is showing good growth. There are chances of further growth in the share value of this company as it has a strong network of dealerships across India,
The share price of APL Apollo Tubes Ltd at the time of writing this article: ₹1114
Tata Power Company Limited
TATA is a company that every Indian is aware of. Ratan Tata is a very respected businessman in India, a man of ethics and moral values. TATA power company Ltd deals in electric utility and it is a part of the TATA group. Its headquarter is in Mumbai, Maharashtra. This share is popular amongst investors, and there is a high chance that it can give excellent returns. That’s why we include it in the ₹1500 share list.
The share price of Tata Power Company Limited at the time of writing this article: ₹216.30
Havells India Limited is a famous company dealing in FMCG (Fast Moving Electrical Goods). It is amongst India’s top FMCG companies and has a strong presence in foreign countries. Havells owns some great brands like Lloyds, Standard, and Crabtree. Its product portfolio includes lighting and fixtures, cables, switchgear, and other electric consumer durable products.
The share price of Havells Ltd at the time of writing this article: ₹1254
Coromandel International Limited is a well-known solution provider of Agri in India. This company deals in crop protein, fertilizers, specialty nutrients, organic fertilizers, and biopesticides. Not only in India, Coromandel also has a presence in more than 80 countries. It was founded way back in the 1960s, and its headquarter is in Hyderabad, Telangana. It has a wide presence in the overall agriculture market. It will be a good choice to diversify your stock portfolio by investing in Agri company’s stocks.
The share price of Coromandel International at the time of writing this article: ₹965.65