Bharti Airtel, BSE among 7 stocks that are near the buy point. Do you own any?
1/8
Performance Tracker
MarketSmith has a positive view on several stocks that it considers are near the buy point. These stocks include Bharti Airtel, BSE, PG Electroplast, Indian Hotels, and Cholamandalam Investment and Finance. Here is a list of 7 stocks that are near the buy point, as listed on MarketSmith:
2/8
Bharti Hexacom | CMP: Rs 1,660
With an operating revenue of Rs 8,126.9 crore on a trailing 12-month basis, Bharti Hexacom has reported an annual revenue growth of 9%, pre-tax margin of 13% and ROE of 10%. The company has a debt to equity of 60%, which is a bit higher.
The stock from a technical standpoint is comfortably placed above its key moving averages, around 18% and 22% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 2% from the pivot point (which is the ideal buying range for a stock).
The stock from a technical standpoint is comfortably placed above its key moving averages, around 18% and 22% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 2% from the pivot point (which is the ideal buying range for a stock).
3/8
PG Electroplast | CMP: Rs 954
PG Electroplast has an operating revenue of Rs 4,036.2 crore on a trailing 12-month basis. The company has an outstanding annual revenue growth of 27%, pre-tax margin of 6% and ROE of 12%.
The company has a reasonable debt to equity of 18%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 8% and 33% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 2% away from the crucial pivot point.
The company has a reasonable debt to equity of 18%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 8% and 33% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 2% away from the crucial pivot point.
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4/8
Bharti Airtel | CMP: Rs 1,870.9
Bharti Airtel has an operating revenue of Rs 1,62,708 crore on a trailing 12-month basis. The company has annual revenue growth of 8%, pre-tax margin of 7% and ROE of 7%. The company has a high debt to equity of 130%, which can be a reason to worry.
The stock from a technical standpoint is comfortably placed above its key moving averages, around 11% and 17% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 4% from the pivot point (which is the ideal buying range for a stock).
The stock from a technical standpoint is comfortably placed above its key moving averages, around 11% and 17% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 4% from the pivot point (which is the ideal buying range for a stock).
5/8
Solar Industries | CMP: Rs 13,091
Solar Industries has an operating revenue of Rs 6,994.4 crore on a trailing 12-month basis. The company has an annual revenue de-growth of (-)12%, pre-tax margin of 19% and ROE of 25%. The company has a reasonable debt to equity of 18%, which signals a healthy balance sheet.
The stock from a technical standpoint is comfortably placed above its key moving averages, around 24% and 21% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 3% away from the crucial pivot point.
The stock from a technical standpoint is comfortably placed above its key moving averages, around 24% and 21% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 3% away from the crucial pivot point.
6/8
BSE | CMP: Rs 6,418.5
With an operating revenue of Rs 2,860.4 crore on a trailing 12-month basis, BSE has reported outstanding annual revenue growth of 70%, pre-tax margin of 58% and ROE of 23%.
The stock from a technical standpoint is comfortably placed above its key moving averages, around 23% and 46% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 1% from the pivot point (which is the ideal buying range for a stock).
The stock from a technical standpoint is comfortably placed above its key moving averages, around 23% and 46% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 1% from the pivot point (which is the ideal buying range for a stock).
7/8
Indian Hotels | CMP: Rs 820
Indian Hotels has an operating revenue of Rs 7,814.7 crore on a trailing 12-month basis. The company has an outstanding annual revenue growth of 17%, pre-tax margin of 25% and ROE of 13%. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles.
The stock from a technical standpoint is comfortably placed above its key moving averages, around 7% and 14% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 2% away from the crucial pivot point.
The stock from a technical standpoint is comfortably placed above its key moving averages, around 7% and 14% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 2% away from the crucial pivot point.
8/8
Cholamandalam Investment and Finance | CMP: Rs 1,567
Cholamandalam Investment and Finance has an operating revenue of Rs 24,228.97 crore on a trailing 12-month basis. The company has an outstanding annual revenue growth of 48%, pre-tax margin of 24% and ROE of 17%.
The stock from a technical standpoint is comfortably placed above its key moving averages, around 14% and 19% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -0% from the pivot point (which is the ideal buying range for a stock).
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
The stock from a technical standpoint is comfortably placed above its key moving averages, around 14% and 19% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -0% from the pivot point (which is the ideal buying range for a stock).
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)