It’s always good for investors to invest in a company which is growing or improving over time. Revenue growth rate can help investors identify the catalyst for such growth. Investors should also look at the growth over the several quarters and how consistent it is. Today, we analyse companies which have posted sales growth of over 20 per cent in the last four quarters and have excluded companies that have posted net losses in any of the last four quarters. The stock price performance also matters and hence we considered only companies that have given over 100% return in the last one year. From the BSE 500 list of stocks, seven stocks have met both sales growth and multibagger performance criteria. (Source: ACE Equity) Take a look.
Big Movers on D-Street: What should investors do with Prince Pipes, M&M and ONGC
Indian equity markets began the week by rising due to the positive outlook in global markets and breakthroughs in US debt ceiling negotiations. The S&P
May 30, 2023