Tata Motors DVR among 6 stocks that are near the buy point. Take a look

With an operating revenue of Rs 667.4 crore on a trailing 12-month basis, John Cockerill India has reported outstanding annual revenue growth of 29%, a pre-tax margin of 3%, and an ROE of 6% needs improvement. 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 43% 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 -4% from the pivot point (which is the ideal buying range for a stock).


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Tata Motors DVR has an operating revenue of Rs 3,76,268 crore on a trailing 12-month basis. The company has an outstanding annual revenue growth of 25%, a pre-tax margin of 1%, and an ROE of 5% needs improvement. The company has a high debt-to-equity of 196%, which can be a reason to worry.

The stock from a technical standpoint is comfortably placed above its key moving averages, around 6% and 49% 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 ra

BF Investment has an operating revenue of Rs 32.56 crore on a trailing 12-month basis. The company has an outstanding annual revenue growth of 57%, a pre-tax margin of 80%, and an ROE of 5%.

The stock from a technical standpoint is comfortably placed above its key moving averages, around 16% and 33% 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).

Surya Roshni has an operating revenue of Rs 8,032.09 crore on a trailing 12-month basis. The company has an annual revenue growth of 3%, a pre-tax margin of 6% and an ROE of 18%. 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 11% and 33% 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).

With an operating revenue of Rs 23,752.8 crore on a trailing 12-month basis, MRF has reported outstanding annual revenue growth of 18%, a pre-tax margin of 5%, and ROE of 5%. The company has a reasonable debt to equity of 6%, which signals a healthy balance sheet.

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 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).

With an operating revenue of Rs 1,364.9 crore on a trailing 12-month basis, Triveni Turbine has reported outstanding annual revenue growth of 46%, a pre-tax margin of 20%, and ROE of 25%. 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 20% 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)