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Stock Rating update, August 5, 2024

Actionable insight based on valuation without losing sight of the fundamentals

Stock Rating Update-August 5, 2024: Actionable insights

dhanak हिंदी में भी पढ़ें read-in-hindi

The Indian stock market witnessed a steep decline during the week due to the threat of war and the poor economic outlook in the US and Japan. The BSE Sensex, Midcap, and Smallcap indices posted returns of -3.2, -4.4, and -4.7 per cent, respectively. The BSE Realty index was the worst performer, falling 9.2 per cent.

Based on our valuation score, 236 companies became attractive. Here is the 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
Bajaj Finance Ltd 5 10 | 10 | 6
Maruti Suzuki India Ltd 5 9 | 7 | 5
Eicher Motors Ltd 5 10 | 7 | 4
PI Industries Ltd 5 10 | 8 | 5
LIC Housing Finance Ltd 5 9 | 6 | 7
Top-quality, high-growth stocks Stock Rating Q|G|V
Action Construction Equipment Ltd 4 10 | 8 | 3
Allsec Technologies Ltd 5 10 | 8 | 6
Kothari Petrochemicals Ltd 5 10 | 8 | 6
De Nora India Ltd 5 10 | 8 | 4
Mold-Tek Technologies Ltd 5 10 | 8 | 5
High-quality stocks Stock Rating Q|G|V
Supreme Industries Ltd 4 10 | 7 | 3
Schaeffler India Ltd 4 10 | 7 | 3
KPIT Technologies Ltd 4 10 | 9 | 3
Deepak Nitrite Ltd 4 10 | 7 | 3
Nippon Life India Asset Management Ltd 5 10 | 7 | 5
High-growth stocks Stock Rating Q|G|V
Central Depository Services (India) Ltd 5 10 | 9 | 3
Can Fin Homes Ltd 5 9 | 9 | 7
DP Abhushan Ltd 3 6 | 9 | 3
State Bank of India 4 6 | 8 | 7
Axis Bank Ltd 4 5 | 8 | 7
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.


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