Home Investment Products Stock Market 8 Indian stocks matching Peter Lynch's investing style with solid growth potential – Money-making Ideas – Economic Times

8 Indian stocks matching Peter Lynch's investing style with solid growth potential – Money-making Ideas – Economic Times

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8 Indian stocks matching Peter Lynch's investing style with solid growth potential – Money-making Ideas – Economic Times
, ETMarkets.com|

18 Jun 2023, 11:14 AM IST

Money-making Ideas

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Cash-making Concepts

Peter Lynch, an American investor and mutual fund supervisor, is finest identified for progress at an inexpensive worth method to investing. Lynch is commonly related to the PEG ratio which measures PE ratios in relation to progress charges. MarketSmith has created a customized display screen based mostly on Lynch’s funding type, which identifies securities which are buying and selling for below-average costs on a PE or PEG foundation and will not be already broadly owned by establishments. Listed here are 8 Indian shares matching Peter Lynch’s investing type, as listed on MarketSmith:

iStock

​Surya Roshni

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​Surya Roshni

With an working income of Rs 7,996 crore on a trailing 12-month foundation, Surya Roshni has reported annual income progress of three%, pre-tax margin of 6% and ROE of 18%. The corporate is debt free and has a powerful stability sheet enabling it to report steady earnings progress throughout enterprise cycles. The inventory from a technical standpoint is comfortably positioned above its key transferring averages, round 5% and 37% from 50DMA and 200DMA

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Chaman Lal Setia Exports

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Chaman Lal Setia Exports

​With an working income of Rs 1,387 crore on a trailing 12-month foundation, Chaman Lal Setia Exports has reported excellent annual income progress of 49%, pre-tax margin of 11% and ROE of 19%. The corporate has an inexpensive debt to fairness of 8%, which indicators a wholesome stability sheet. The inventory from a technical standpoint is buying and selling beneath to its 50DMA and round 25% up from its 200DMA

iStock

Banco Products

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Banco Merchandise

Banco Merchandise has an working income of Rs 2,332 crore on a trailing 12-month foundation. The corporate has reported excellent annual income progress of 20%, Pre-tax margin of 13% and ROE of 23%. The corporate has an inexpensive debt to fairness of 4%, which indicators a wholesome stability sheet. The inventory from a technical standpoint is comfortably positioned above its key transferring averages, round 16% and 38% from 50DMA and 200DMA
It has lately damaged out of a base in its weekly chart and is buying and selling round 21% from the pivot level (which is prolonged from the best shopping for vary for a inventory).

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D-link

D-Hyperlink (India) has an working income of Rs 1,180 crore on a trailing 12-month foundation. The corporate has reported excellent annual income progress of 28%, Pre-tax margin of 10% and ROE of twenty-two%. The corporate is debt free and has a powerful stability sheet enabling it to report steady earnings progress throughout enterprise cycles. The inventory from a technical standpoint is buying and selling beneath to its 50DMA and near its 200DMA.
It must take out the 50DMA ranges and keep above it to make any additional significant transfer.

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Maithan Alloys

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Maithan Alloys

With an working income of Rs 2,930 crore on a trailing 12-month foundation, Maithan Alloys has reported annual income progress of 1%, pre-tax margin of twenty-two% and ROE of 17%. The corporate is debt free and has a powerful stability sheet enabling it to report steady earnings progress throughout enterprise cycles. The inventory from a technical standpoint is buying and selling near its 200DMA and round 7% above its 50DMA

Companies

Ambika Cotton Mills

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Ambika Cotton Mills

Ambika Cotton Mills has an working income of Rs 847 crore on a trailing 12-month foundation. The corporate has annual income progress of (-)7%, pre-tax margin of 18% and ROE of 13%. The corporate is debt free and has a powerful stability sheet enabling it to report steady earnings progress throughout enterprise cycles. The inventory from a technical standpoint is buying and selling near its key transferring averages, round 1% and -0% from 50DMA and 200DMA

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Bhansali Engineering Polymers

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Bhansali Engineering Polymers

With an working income of Rs 1,336 crore on a trailing 12-month foundation, Bhansali Engineering has reported annual income progress of (-)2%, pre-tax margin of 14% and ROE of 12%. The corporate is debt free and has a powerful stability sheet enabling it to report steady earnings progress throughout enterprise cycles. The inventory from a technical standpoint is buying and selling near its 50DMA and comfortably positioned above its 200DMA, round 14% above 200DMA

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GM Breweries

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GM Breweries

With an working income of Rs 593 crore on a trailing 12-month foundation, GM Breweries has reported excellent annual income progress of 26%, pre-tax margin of twenty-two% and ROE of 14%. The corporate is debt free and has a powerful stability sheet enabling it to report steady earnings progress throughout enterprise cycles. The inventory from a technical standpoint is buying and selling beneath to its 200DMA and near its 50DMA
(Disclaimer: Suggestions, strategies, views and opinions given by the specialists are their very own. These don’t signify the views of Financial Occasions)

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