Weekly Top stock Picks: 5 stocks with consistent score improvement and upside potential of up to 45%

At a time when everything on the street appears good and green, there is a case of being selective. The reason, if it is in a raging bull market, the street never stays in this all good and green mode forever.when the street starts to become selective, it is stocks where there are some improvement in the business operating matrix tend to weather the storm better. So as an investor, one needs to look at every sector and company and their operating and valuation matrix separately. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

As the nifty once again forms a new high, the mood of the markets is clearly bullish, but this bullish trend is clearly coming at a time when valuations are high. So be selective, avoid impulsive investing, and keep reviewing one’s portfolio and stay away from penny stocks especially. We look at stocks which have witnessed a continuous rise in their score in the last one month. Coming on the list are stocks which are from different sectors and some which have seen an uptick in score after a long time. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame

Growth at reasonable prices (GARP) could be a helpful strategy to adopt in this market environment.

When valuations are high but sentiments are bullish, it would be better to add the word “ caution” to your portfolio. Now how does one do it ? By putting some quantitative parameters when making a decision to buy a stock. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy .

Hence, generally, they provide a low dividend payout. Given the high growth outlook, they are in high demand and trade at a high valuation, like Price/Earnings Per Share (P/E), which may be substantially higher than the market and peers range.

After two weeks of straight up move, bulls are taking rest, nifty witnessed a small phase of volatility but the bias of that volatility was still bullish, clearly indicating that the equation is still in favor of bulls. These stocks have seen their score improvement and have moved out of negative territory over the last one month.. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.

Textile is one of the oldest industrial sectors in India. However, right from labour issues to smaller Asian countries becoming more competitive in terms of cost of production, different segments of the textile industry have faced more headwinds than tailwinds in their history of existence. This list is drawn from Stock Reports Plus, powered by Refinitiv, with over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum.

The Indian market rebounded after a previous drop, with the S&P BSE Sensex rising over 300 points and the Nifty50 closing above 19600 levels. Metal, healthcare, public sector, and oil & gas stocks saw buying activity, while IT stocks experienced selling. Eris Lifesciences, Aurobindo Pharma, and NTPC were highlighted as stocks to watch. Eris Lifesciences broke out of its consolidation zone, Aurobindo Pharma showed momentum with a breakout above the 5 and 10-day average, and NTPC demonstrated consistent upward movement with support at moving averages.