Tata Motors, Tilaknagar Industries among 8 stocks that are near the buy point

With an operating revenue of Rs 1,367.3 crore on a trailing 12-month basis, Dynamatic Technologies has reported annual revenue growth of 5%, pre-tax margin of 4% and ROE of 7%, which needs improvement. The company has a reasonable debt-to-equity ratio of 42%, which signals a healthy balance sheet.

The stock from a technical standpoint is comfortably placed above its key moving averages, around 8% and 34% from 50DMA and 200DMA. It has recently broken out of a base on its weekly chart and is trading around 0% from the pivot point (which is the ideal buying range for a stock).

TVS Srichakra has an operating revenue of Rs 2,949.8 crore on a trailing 12-month basis. The company has an outstanding annual revenue growth of 18%, pre-tax margin of 3% and ROE of 7%, which needs improvement. The company has a reasonable debt to equity of 31%, which signals a healthy balance sheet.

The stock from a technical standpoint is comfortably placed above its key moving averages, around 24% and 27% 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).

Linc has an operating revenue of Rs 500.7 crore on a trailing 12-month basis. The company has an outstanding annual revenue growth of 37%, pre-tax margin of 10% 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 15% and 29% from 50DMA and 200DMA. It is currently forming a base on its weekly chart and is trading around 1% away from the crucial pivot point.

Tilaknagar Industries has an operating revenue of Rs 1,238.9 crore on a trailing 12-month basis. The company has an outstanding annual revenue growth of 48%, pre-tax margin of 13% and ROE of 31%. The company has a reasonable debt to equity of 5%, which signals a healthy balance sheet.

The stock from a technical standpoint is comfortably placed above its key moving averages, around 6% and 47% from 50DMA and 200DMA. It has recently broken out of a base on 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 100 crore on a trailing 12-month basis, Remus Pharmaceuticals has reported outstanding annual revenue growth of 83%, pre-tax margin of 25% and ROE of 44%. The company has a reasonable debt-to-equity ratio of 37%, which signals a healthy balance sheet.

The stock from a technical standpoint is comfortably placed above its key moving averages, around 12% and 31% from 50DMA and 200DMA. It has recently broken out of a base on 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 3,76,268 crore on a trailing 12-month basis, Tata Motors has reported outstanding annual revenue growth of 25%, pre-tax margin of 1% and ROE of 5%. 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 7% and 28% 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).

Kirloskar Brothers has an operating revenue of Rs 3,845.6 crore on a trailing 12-month basis. The company has an outstanding annual revenue growth of 22%, pre-tax margin of 9% and ROE of 16%. The company has a reasonable debt to equity of 8%, which signals a healthy balance sheet.

The stock from a technical standpoint is comfortably placed above its key moving averages, around 11% and 69% 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.

With an operating revenue of Rs 8,751.8 crore on a trailing 12-month basis, Escorts Kubota has reported outstanding annual revenue growth of 17%, pre-tax margin of 10% and ROE of 7%. 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 45% 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).

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