Stockwire

Stock Rating update, June 17, 2024

Actionable insight based on valuation without losing sight of the fundamentals

Stock Rating update, June 17, 2024AI-generated image

dhanak हिंदी में भी पढ़ें read-in-hindi

After the swift recovery from the post-election fall, the market was relatively muted, with large caps stagnating during the week. The BSE Sensex, Midcap, and Smallcap indices posted returns of 0.7, 3.8, and 4.0 per cent, respectively. The BSE SME IPO index was once again the best performer, with a return of 9.6 per cent.

This week, 255 companies became attractive based on our valuation score. 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
Trent Ltd 5 9 | 8 | 3
Bharat Dynamics Ltd 5 9 | 7 | 4
Cyient Ltd 5 9 | 6 | 4
Rites Ltd 5 10 | 6 | 4
R Systems International Ltd 5 10 | 7 | 4
Top-quality, high-growth stocks Stock rating Q|G|V
Action Construction Equipment Ltd 4 10 | 7 | 3
Elantas Beck India Ltd 4 10 | 7 | 3
Andhra Petrochemicals Ltd 5 10 | 7 | 5
Kennametal India Ltd 4 9 | 7 | 3
Dixon Technologies (India) Ltd 4 8 | 7 | 3
High-quality stocks Stock rating Q|G|V
Bajaj Auto Ltd 4 10 | 6 | 3
Polycab India Ltd 4 10 | 7 | 3
Supreme Industries Ltd 4 10 | 6 | 3
Schaeffler India Ltd 4 10 | 6 | 3
Oracle Financial Services Software Ltd 4 10 | 5 | 4
High-growth stocks Stock rating Q|G|V
Solar Industries India Ltd 4 9 | 7 | 3
JBM Auto Ltd 2 3 | 7 | 3
Siemens Ltd 4 8 | 7 | 3
ABB India Ltd 4 9 | 7 | 3
Tube Investments Of India Ltd 4 8 | 7 | 3
Q|G|V stands for Quality, Growth and Valuation

Value Research Stock Ratings

Value Research Stock Ratings is our proprietary data-driven stock rating system devised based on our three decades of market experience. It aims to simplify stock investing and effortlessly guide you towards promising stocks. Value Research Stock Rating is a composite measure of a company's earnings quality, growth and valuation. The components of the stock rating are also available separately for closer scrutiny.

  • Quality : Higher return ratios, efficient capital management, healthy balance sheet, etc.
  • Growth : Strong growth in overall topline and bottom line numbers in recent and past five years. Growth in book value is also considered.
  • Valuation : An array of valuation metrics such as P/E, P/B, dividend yield, PEG, etc.

Simplify your stock investing journey today. You can access our Stock Ratings here . Read this to learn more about our methodology.


Other Categories