Bank of Baroda among 8 smallcap stocks near their buy points

With an operating revenue of Rs 210.4 crore on a trailing 12-month basis, Wendt India has reported outstanding annual revenue growth of 18%, pre-tax margin of 25% and ROE of 21%. 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 5% and 15% 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).

Astra Microwave Products has an operating revenue of Rs 815.52 crore on a trailing 12-month basis. The company has annual revenue growth of 8%, pre-tax margin of 12% and ROE of 10%. The company has a reasonable debt-to-equity-of 1%, which signals a healthy balance sheet.

The stock from a technical standpoint is comfortably placed above its key moving averages, around 21% 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).

EIH Associated Hotels has an operating revenue of Rs 337.07 crore on a trailing 12-month basis. The company has an outstanding annual revenue growth of 74%, pre-tax margin of 25% and ROE of 16%. 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 9% and 15% 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).

Tasty Bite Eatables has an operating revenue of Rs 475.66 crore on a trailing 12-month basis. The company has an outstanding annual revenue growth of 27%, pre-tax margin of 9% and ROE of 12%. The company has a reasonable debt to equity of 14%, which signals a healthy balance sheet.

The stock from a technical standpoint is comfortably placed above its key moving averages, around 20% and 10% 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).

Cummins India has an operating revenue of Rs 7,772.09 crore on a trailing 12-month basis. The company has an outstanding annual revenue growth of 26%, a pre-tax margin of 18% and an ROE of 21%. 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 8% and 21% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 3% from the pivot point (which is the ideal buying range for a stock).

With an operating revenue of Rs 2,838.39 crore on a trailing 12-month basis, Ahluwalia Contracts has an annual revenue growth of 5%, pre-tax margin of 9% and ROE of 15%. 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 trading close to its 50DMA and comfortably placed above its 200DMA, around 18% above the 200DMA. It needs to take support around the 50 DMA level to continue a further upside move. It has recently broken out of a base in its weekly chart and is trading around -3% from the pivot point (which is the ideal buying range for a stock).

Bank of Baroda has an operating revenue of Rs 1,10,777.98 crore on a trailing 12-month basis. The company has an outstanding annual revenue growth of 26%, pre-tax margin of 19% and ROE of 14%. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 14% above the 200DMA.

It needs to take support around the 50 DMA level to continue a further upside move. It is currently FORMING a base in its weekly chart and is trading around 4% away from the crucial pivot point.

Karur Vysya Bank has an operating revenue of Rs 7,675.49 crore on a trailing 12-month basis. The company has outstanding annual revenue growth of 21%, pre-tax margin of 19% and ROE of 12% is good.

The stock from a technical standpoint is comfortably placed above its key moving averages, around 10% and 13% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 4% away from the crucial pivot point.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)