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After 6 months of relentless rally, mid-cap stocks are witnessing some correction. Except for one trading session in the month of September. The correction even in mid-cap has not been very sharp or broad based. At this point of time analysts are bullish on select midcap stocks, ones which have seen their score improving. Stocks from sectors like railways, construction and consumer electrical are on the list. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms...

One sector which has got re-rated due to the policy initiatives by the government has been the defence sector. It is not only PSU companies, even the private sector companies which are making defence related products have been getting good valuations on the street. Things have changed in both, the actual working and perception of defence sector companies.Their order books are brimming, stocks have outperformed the broader market indices for more than two years and institutional interest has been...

While IT stocks have been underperforming the broader market for more than a year. But if one looks at the reaction of the street to the Q2 numbers of the TCS, Infy and HCL tech, it is clear that the secular bearish outlook which the analysts have been having for this sector might change soon. For the last one year, If one looks at the recommendations of analysts, it appears that all of sudden they are finding everything wrong with IT stocks. It might be time to be contrarian. Stock Reports Plus...

In 2008, the IPO of a power company got subscribed in less than a minute of its opening and the size of that issue was Rs 11,563 crore. This just shows the desire to own power sector stocks at that point of time. From those days of frenzy to the nadir in 2014, when power companies were on the top of the list of NPA of the banks. Power companies have seen both the extreme of valuations. It is a sector where after many failures and to some extent a consolidation, some companies have emerged which ...

Earnings rating is calculated based on three factors - earnings surprises, estimate revisions and recommendation changes. Profitability, debt, earnings quality and dividend trends are evaluated under the fundamentals component in the report. Relative valuation has three components - price to sales (50% weight), trailing P/E (25% weight) and forward P/E (25% weight). These metrics are evaluated against the overall market, index and company’s own historic 5-year averages.

From being totally under the control of the bulls, Dalal street has seen occasional sightings of bears in the last four weeks. While the reasons have been different at various points of time, the first indication that bears might be getting up from their sleep are surely on the wall. So it would be better to add “ caution” to your dictionary when looking at the stock market. The caution is also getting reflected in the overall count of stocks which have seen an improvement in their s...

Some time back, the entry of a well known startup founder into the mutual fund space led to lots of chatter on the street about how he would be able to use technology to change the face of the mutual fund industry. The reality is very different, the mutual fund house hardly has any significant AUM after being in business for some time. The narrative was based on the experience which Street had in the broking industry, where the startup and tech led discount brokers were able to become the large...

Despite the fact the valuations are high and there are many headwinds both in terms of geopolitical risk and central banks policy making, the correction which is taking place in the market is not of the same magnitude which in the past such mews flow has brought. So at one level while the correction is taking place but at the same time, the under current is still that of hope. In such times of divergence, it would be better to add the words like portfolio rejig, caution, fundamentals and valuati...

After a long bullish phase, in the last four weeks the market has witnessed correction, Whether it is, large, mid or small cap market breadth in all segments remained weak in a number of trading sessions. In such times, if one is looking to buy stocks it would be better to look at stocks where some fundamentals developments have made analysts turn bullish on them. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnin...

Strong demand, pricing discipline in part of the country and ability to raise prices as soon as the seasonal factor of monsoon got over brought back the focus on cement stocks. With stable energy costs, the operating matrix of the cement sector is favourable. Probably it is one sector which might give positive surprises in Q2 earning season. We take a look at what analysts are saying across cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms ...