The capacity to foresee the firm's future performance and detect the market's inability in a timely manner is crucial to the success of one's stock selection or investing plan. Growth equities are less favorable to financial statement analysis than value firms from the perspective of valuation.
The Piotroski Score estimates the financial strength of a company based on nine indicators: ROA, Change in ROA, CFO, Leverage, Change in current ratio, Change in Gross Margin, Assets Turnover Ratio, Share Issued, and Accruals. It is considered a solid investment if the score adds up to 8 or 9. If the total is 0 or 2, the stock is considered a poor investment.
Balkrishna Industries: Piotroski Score 9
Balkrishna Industries, founded in 1961, is a Large Cap business in the Tyres industry with a market capitalization of Rs 44,460.05 crore.
On July 30, 2021, the company declared a dividend of Rs 4.0 per share, with a record date of August 14, 2021. The stock returned 82.7 percent over three years, compared to 40.88 percent for the Nifty 100 index. The company's annual revenue growth rate of 17.65% outpaced its three-year CAGR of 7.5 percent.
|BALKRISHNA INDUSTRIES LTD FUNDAMENTALS|
|Market Cap (Rs. in Cr.)||43241.19|
|Earning Per Share (EPS TTM) (Rs.)||70.60|
|Price To Earnings (P/E) Ratio||31.68|
|Book Value Per Share (Rs.)||280.83|
Welspun India: Piotroski Score 9
Welspun India is an Indian textile firm headquartered in Mumbai, Maharashtra. It is Asia's and the world's second-largest terry towel manufacturer. More than 94 percent of its home textiles are exported to over 50 nations.
Only 5.33 percent of trading sessions in the last 16 years had intraday gains of more than 5%. The stock returned 82.17 percent over three years, compared to 41.22 percent for the Nifty Midcap 100. It is a Textiles-related firm with a market capitalization of Rs 13,357.82 crore.
|WELSPUN INDIA LTD FUNDAMENTALS|
|Market Cap (Rs. in Cr.)||11895.95|
|Earning Per Share (EPS TTM) (Rs.)||6.37|
|Price To Earnings (P/E) Ratio||18.59|
|Book Value Per Share (Rs.)||29.98|
Torrent Pharmaceuticals: Piotroski Score 9
Torrent Pharmaceuticals Ltd is an Indian global pharmaceutical firm headquartered in Ahmedabad, India, and controlled by the Torrent Group. U. N. Mehta promoted it as Trinity Laboratories Ltd, but it was eventually renamed Torrent Pharmaceuticals Ltd.
Only 2.51 percent of trading sessions in the last 16 years had intraday gains of more than 5%. The stock gained 73.75 percent over the last three years, compared to 41.73 percent for the Nifty 100. Over a three-year period, the stock yielded 73.75 percent, while Nifty Pharma yielded 43.6 percent.
Torrent Pharmaceuticals Ltd. distributed an equity dividend of Rs 35.00 per share in the last 12 months. This amounts to a dividend yield of 1.2 percent at the current share price of Rs 2911.85.
|TORRENT PHARMACEUTICALS LTD FUNDAMENTALS|
|Market Cap (Rs. in Cr.)||51370.92|
|Earning Per Share (EPS TTM) (Rs.)||65.84|
|Price To Earnings (P/E) Ratio||46.11|
|Book Value Per Share (Rs.)||341.57|
Cadila Healthcare:Piotroski Score is 9
Cadila Healthcare Limited is a multinational pharmaceutical firm based in Ahmedabad, Gujarat, India that specializes in generic medicine manufacturing. In 2020, it was rated 100th on the Fortune India 500 list.
The stock earned 38.04 percent over three years, compared to 41.73 percent for the Nifty 100. Over a three-year period, the stock generated a 38.04 percent return, while Nifty Pharma generated a 43.6 percent gain.
Cadila Healthcare Ltd. has issued an equity dividend of Rs 3.50 per share in the last 12 months.
This translates to a dividend yield of 0.64 percent at the current share price of Rs 544.00.
|CADILA HEALTHCARE LTD. FUNDAMENTALS|
|Market Cap (Rs. in Cr.)||54790.7|
|Earning Per Share (EPS TTM) (Rs.)||14.44|
|Price To Earnings (P/E) Ratio||37.07|
|Book Value Per Share (Rs.)||118.38|
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Edelweiss Financial: Piotroski Score Is 9
Edelweiss Financial Services Ltd., founded in 1995, is a Mid Cap business (with a market capitalization of Rs 7,511.11 Crore) in the NBFC industry. The company's forthcoming dividend is Rs0.55 per share, which follows a distribution of Rs1.45 per share to shareholders in the previous year. Edelweiss Financial Services has a trailing yield of 1.12 percent on its current share price of Rs 80.2 based on last year's total dividend payments. The stock returned -72.17 percent during a three-year period, while the Nifty Midcap 100 returned 38.15 percent.
|EDELWEISS FINANCIAL SERVICES LTD FUNDAMENTALS|
|Market Cap (Rs. in Cr.)||7526.15|
|Earning Per Share (EPS TTM) (Rs.)||9.78|
|Price To Earnings (P/E) Ratio||8.21|
|Book Value Per Share (Rs.)||35.89|