Weekly Top Picks: 4 stocks with score improvement and upside potential of up to 46%
Business

Weekly Top Picks: 4 stocks with score improvement and upside potential of up to 46%

By Nick J Adam

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Synopsis

In the last one month as more and corners of Dalal street come under control of bulls, stocks from different sectors have seen an improvement in their analyst scores. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

As the first quarter earnings season gets kick started this week, there is likely to be readjustment of estimates and scores by the analysts. But before Q1 FY 24 earnings come it would be important to remember that Q4 FY 23 earning season had seen a very different start in terms of expectations, which were very low. However though the reasons for improvement in the underlying scores were different, the number of stocks which had seen an

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Nick J Adam 105178 posts