These 7 laggard stocks of CY22 are on the rise in CY23, do you own any?
ET Markets has examined stocks that experienced a decline of over 40% in the previous calendar year (CY22), but have now achieved more than double-digit returns in CY23. From the Nifty500 package, we have identified 7 stocks that meet these criteria (Data Source: ACE Equity). Trendlyne SWOT analysis suggests that these stocks have more strengths than weaknesses.
ETBFSI
CMP: Rs 280 | 52-week high: Rs 359
ROA improving since last 2 year
Growth in net profit with increasing profit margin (QoQ)
Company with low debt
Annual net profits improving for last 2 years
Book value per share improving for last 2 years
Company with zero promoter pledge
FII / FPI or institutions increasing their shareholding
iStock
CMP: Rs 583 | 52-week high: Rs 803
Growth in net profit with increasing profit margin (QoQ)
Company with no debt
Increasing profits every quarter for the past 4 quarters
Increasing revenue every quarter for the past 2 quarters
FII / FPI or institutions increasing their shareholding
ETMarkets.com
CMP: Rs 566 | 52-week high: Rs 686
Growth in net profit with increasing profit margin (QoQ)
Company with low debt
Book value per share improving for last 2 years
FII / FPI or institutions increasing their shareholding
Stock gained more than 20% in one month
Agencies
CMP: Rs 651 | 52-week high: Rs 844
RoCE improving in last 2 years
Growth in net profit with increasing profit margin (QoQ)
Company with no debt
Increasing revenue every quarter for the past 4 quarters
Increasing profits every quarter for the past 4 quarters
ETMarkets.com
CMP: Rs 716 | 52-week high: Rs 1019
Company with low debt
Increasing revenue every quarter for the past 4 quarters
Increasing profits every quarter for the past 2 quarters
Improving cash flow from operation for last 2 years
Annual net profits improving for last 2 years
FII / FPI or institutions increasing their shareholding
ETMarkets.com
CMP: Rs 114 | 52-week high: Rs 132
Company with low debt
Increasing revenue every quarter for the past 2 quarters
Increasing profits every quarter for the past 2 quarters
Annual net profits improving for last 2 years
Book value per share Improving for last 2 years
Company with xero promoter pledge
FII/FPI or institutions increasing their shareholding
iStock
CMP: Rs 155 | 52-week high: Rs 237
Company with no debt
Increasing profits every quarter for the past 2 quarters
Improving cash flow from operation for last 2 years
Improving net cash flow for last 2 years
Annual net profits improving for last 2 years
Agencies
