Stock Rating update, June 10, 2024

Dalal Street witnessed a bloodbath last week at the advent of election results. However, it also recovered swiftly in the days after. The BSE Sensex, Midcap, and Smallcap indices posted returns of 0.03, -0.03, and 2.1 per cent, respectively. BSE Oil & Gas was the worst performer, with a return of -7.2 per cent. Although the market did recover, the damage was already done. This week, 233 companies became attractive based on our valuation score compared to just 104 companies two weeks before. Here is a list of stocks that have scored high on quality and growth while also being attractive valuation-wise. Stocks whose valuations turned attractive this week Top-rated stocks Stock rating Q|G|V Cipla Ltd 5 9 | 7 | 5 Bajaj Holdings & Investment Ltd 5 10 | 7 | 6 Zensar Technologies Ltd 5 9 | 7 | 5 Mahanagar Gas Ltd 5 10 | 6 | 6 Tanla Platforms Ltd 5 9 | 7 | 6 Top-quality, high-growth stocks Stock rating Q|G|V UP Hotels Ltd 5 10 | 8 | 4 Nirlon Ltd 5 10 | 7 | 7 Mahanagar Gas Ltd 5 10 | 6 | 6 Shar