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Stock Rating update, March 15, 2024

Actionable insight based on valuation without losing sight of the fundamentals

Stock Rating update, March 15, 2024

Last week on Tuesday the market went into a tailspin. The Nifty Microcap Index fell by 6.2 per cent and the BSE Smallcap, Midcap, and BSE Sensex indices fell by 5.1, 4.2, and 1.2 per cent respectively.

With such price movements, the valuation scores of many companies became attractive. This fall was also reflected in our stock ratings as 279 stocks witnessed an improvement in their 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 G|V|Q Score
Coal India Ltd 5 7|8|10
NMDC Ltd 5 6|6|10
Emami Ltd 5 6|6|10
Akzo Nobel India Ltd 5 7|6|10
Can Fin Homes Ltd 5 9|7|10
Top-quality, high-growth stocks Stock rating G|V|Q Score
Can Fin Homes Ltd 5 9|7|10
Esab India Ltd 4 8|4|10
Remedium Lifecare Ltd 5 9|7|9
Aavas Financiers Ltd 5 8|7|9
Rites Ltd 4 7|4|10
High-quality stocks Stock rating G|V|Q Score
Nippon Life India Asset Management Ltd 4 5|5|10
Akzo Nobel India Ltd 5 7|6|10
Can Fin Homes Ltd 5 9|7|10
Godawari Power & Ispat Ltd 5 7|6|10
Avanti Feeds Ltd 5 7|6|10
High-growth stocks Stock rating G|V|Q Score
Adani Enterprises Ltd 3 8|4|3
Indusind Bank Ltd 4 8|7|7
The Great Eastern Shipping Company Ltd 5 8|8|7
JK Tyre & Industries Ltd 2 8|5|2
Granules India Ltd 4 8|5|7

(G|V|Q) stands for Growth, Valuation and Quality

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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