Stock Rating update, July 8, 2024

The market continued its positive sentiment with strong movement in all market caps. While Sensex grew only 0.6 per cent, BSE Midcap and BSE Smallcap indices posted returns of 1.5, and 2.0 per cent respectively. The BSE India Infra index was the best performer with a return of 7.4 per cent, while the BSE Consumer Durables was the worst performer with a return of -2.5 per cent.

Based on our valuation score, 77 companies became attractive. Here is a list of stocks that have scored high on quality and growth while also being attractive valuation-wise.

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.