What are those stocks in which I can invest 1 lakh rupees with long-term prospects?

Invest your 1 lakh rupees in stocks that are run by quality management teams taking on not too much debt. A strong balance sheet will ensure that the invested company will run through storms like Covid 19.

Go for companies that have a steady growth trend on their top line (sales), bottom line (net project), and mid-line (operating income). If they are in an industry sector with a good future, then the chances of compounding your money are high.