Business

Midcaps with long term perspective; 4 stocks with high ROE & net profit margin

By Dan Neff

In addition to these scores, the report also contains trend analysis, peer analysis and mean analysts’ recommendations to help an investor make better & informed investment decisions.

Synopsis

A high return on equity is a result of two factors. First, the basic nature of the business, there are some businesses which require a constant dose of capital like banks, there are some which may require a higher amount of capital but that would be a one time requirement. Second, how efficiently the management uses those resources. In times like today when interest rates have seen a sharp rise it is the second factor which becomes extremely important. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “hold” or “buy” or “strong buy”.

The sharp drop in Nifty on Friday throws up many questions. Is this the end of the rally which started at the beginning of FY 24 ? Is it just a short correction due to global conditions? Should I buy the dip or not ? These questions are not new, they keep coming every now and then as and when nifty witnessing some volatile moves. More than looking for answers to these questions, the investors who are contemplating to increase their exposure to

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Dan Neff