Home/Blogs/Top Five Education Sector Stocks In India For Investment In 2024

Top Five Education Sector Stocks In India For Investment In 2024

stock market
02 May 20246 mins readBy MOFSL

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: NSE Holidays 2024 | BSE Holidays 2024 | Invest in Small Cap & Mid Cap Mutual Fund & Stocks | Companies affected by Rise in Crude Oil Price | Fall in IT Stocks | Launch of 4 New Indices | Revised Lot Size of Nifty Contracts | Impact of RBI Circular on Currency Trading | RBI’s New Lending Guidelines | Electric Air Taxis in India

 

Financial Calculators: SIP Calculator | SWP Calculator | Compound Interest Calculator | EMI Calculator | FD Calculator | Retirement Calculator | Option Value Calculator | Inflation Calculator | Lumpsum Calculator

 

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

Disclaimer: The stocks, companies, or financial instruments mentioned in this blog are for informational purposes only and should not be considered as investment recommendations. It is advised to consult with your financial advisor before making any investment decisions. Investment in securities markets are subject to market risks, read all the related documents carefully before investing. Investors are strongly encouraged to carefully read the risk disclosure documents prior to participating in market-related investments or trading activities. Due to the volatile nature of financial markets, no guarantees can be made regarding investment returns. Motilal Oswal Financial Services Ltd. does not offer any assured returns on market-linked securities. Please note that past performance of stocks or indices is not indicative of future results.
Open Demat Account
I wish to talk in South Indian language
By proceeding you’re agree to our T&C