Unraveling The Top 10 Profitable Stocks For Short-Term gain”
Unraveling The Top 10 Profitable Stocks For Short-Term gain”
When it comes to making short-term investments, it’s essential to base your decisions on well-researched information and insightful analysis. In this comprehensive guide, we delve into the realm of top stocks that hold tremendous promise for short-term investment opportunities. Each of these carefully selected stocks is analyzed based on financial metrics, industry trends, and growth potential. Remember, while these stocks offer exciting prospects, investing in the stock market carries inherent risks. It’s wise to conduct thorough research and seek advice from financial experts before making any investment decisions.
Brightcom Group: A Steady Contender
Current Market Price (CMP): Rs. 25.40
Price-to-Earnings (P/E) Ratio: 3.62
Market Capitalization: Rs. 5125.52 Cr
Dividend Yield: 1.18%
Net Profit in the Last Quarter: Rs. 321.48 Cr
Quarter Profit Variation: 15.96%
Sales in the Last Quarter: Rs. 1690.32 Cr
Quarter Sales Variation: 14.16%
Return on Capital Employed (ROCE): 30.91%
200-Day Moving Average (DMA): Rs. 27.41
Data as of 18 Aug 2023 (Source: Moneycontrol.com & Screener.in)
Brightcom Group emerges as a steady contender in the world of short-term investments. With an impressively low P/E ratio, this stock signals an undervalued asset with significant potential. The consistent growth in net profit and sales further reinforces its position as a promising investment. Its healthy ROCE and dividend yield make it an attractive choice for investors seeking stability and growth.
Axita Cotton: Unraveling Textile Prospects
CMP: Rs. 26.10
P/E Ratio: 27.97
Market Cap: Rs. 513.02 Cr
Dividend Yield: 0.19%
Net Profit in the Last Quarter: Rs. 5.75 Cr
Quarter Profit Variation: 29.21%
Sales in the Last Quarter: Rs. 227.87 Cr
Quarter Sales Variation: 11.36%
ROCE: 48.66%
200 DMA: Rs. 36.27
Data as of 18 Aug 2023 (Source: Moneycontrol.com & Screener.in)
Axita Cotton shines as a potential gem in the textile industry. Despite a higher P/E ratio, the remarkable growth in net profit and sales is indicative of its strong market presence. With a high ROCE, Axita Cotton demonstrates effective utilization of capital, enhancing its appeal to investors seeking lucrative opportunities.
AVT Natural Prod: Navigating Natural Potential
CMP: Rs. 78.60
P/E Ratio: 19.66
Market Cap: Rs. 1197.08 Cr
Dividend Yield: 1.27%
Net Profit in the Last Quarter: Rs. 8.35 Cr
Quarter Profit Variation: -66.40%
Sales in the Last Quarter: Rs. 102.82 Cr
Quarter Sales Variation: -30.84%
ROCE: 25.03%
200 DMA: Rs. 91.91
Data as of 18 Aug 2023 (Source: Moneycontrol.com & Screener.in)
AVT Natural Prod stands out in the market as a provider of natural products with significant potential. While the recent quarter’s performance may have seen a dip, its dividend yield and ROCE point toward an overall promising trajectory. Investors keen on sustainable and natural products may find AVT Natural Prod an appealing choice.
Radiant Cash: Illuminating Investment Options
CMP: Rs. 97.35
P/E Ratio: 16.84
Market Cap: Rs. 1038.80 Cr
Dividend Yield: 1.03%
Net Profit in the Last Quarter: Rs. 14.25 Cr
Quarter Profit Variation: -6.98%
Sales in the Last Quarter: Rs. 93.37 Cr
Quarter Sales Variation: 11.09%
ROCE: 39.91%
200 DMA: Rs. 98.08
Data as of 18 Aug 2023 (Source: Moneycontrol.com & Screener.in)
Radiant Cash offers a luminous prospect in the world of short-term investments. Its attractive P/E ratio and consistent net profit signal financial stability. The recent quarter’s sales growth showcases its ability to adapt to market changes. Investors in search of a balanced choice might find Radiant Cash a favorable option.
Nikhil Adhesives: Sticking with Growth Potential
CMP: Rs. 118.10
P/E Ratio: 39.23
Market Cap: Rs. 542.59 Cr
Dividend Yield: 0.17%
Net Profit in the Last Quarter: Rs. 3.07 Cr
Quarter Profit Variation: -51.11%
Sales in the Last Quarter: Rs. 142.08 Cr
Quarter Sales Variation: -36.65%
ROCE: 25.01%
200 DMA: Rs. 125.61
Data as of 18 Aug 2023 (Source: Moneycontrol.com & Screener.in)
Nikhil Adhesives adheres to growth potential, despite recent fluctuations in its performance. While the P/E ratio is relatively high, the company’s net profit and sales reflect resilience. Its consistent dividend yield and ROCE contribute to its attractiveness, positioning it as a contender for investors looking to diversify their portfolio.
Indian Energy Ex – Powering Potential
CMP: Rs. 123.90
P/E Ratio: 37.04
Market Cap: Rs. 11048.07 Cr
Dividend Yield: 0.81%
Net Profit in the Last Quarter: Rs. 74.14 Cr
Quarter Profit Variation: 8.09%
Sales in the Last Quarter: Rs. 104.04 Cr
Quarter Sales Variation: NA
ROCE: NA
200 DMA: Rs. 126.12
Data as of 18 Aug 2023 (Source: Moneycontrol.com & Screener.in)
Indian Energy Ex holds a significant share of the power sector, with impressive net profit and steady growth. Although the P/E ratio might deter some investors, its consistent dividend yield and healthy profit growth signal its strength. Indian Energy Ex’s role in the energy sector makes it an intriguing addition to any short-term investment strategy.
Goldiam International Ltd. – The Jewel in the Financial Crown
CMP: Rs. 126.05
P/E Ratio: 17.07
Market Cap: Rs. 1373.63 Cr
Dividend Yield: 1.59%
Net Profit in the Last Quarter: Rs. 17.30 Cr
Quarter Profit Variation: -18.58%
Sales in the Last Quarter: Rs. 119.77 Cr
Quarter Sales Variation: -11.22%
ROCE: NA
200 DMA: Rs. 126.12
Data as of 18 Aug 2023 (Source: Moneycontrol.com & Screener.in)
Goldiam International Ltd. stands as a glittering gem in the financial sector. Its P/E ratio suggests fair valuation, while consistent dividend yield and net profit showcase stability. While the recent quarter’s performance experienced a dip, Goldiam International Ltd.’s historical strength makes it an appealing choice for investors seeking a balance between growth and stability.
Redington – Unveiling Financial Resilience
CMP: Rs. 154.35
P/E Ratio: 9.10
Market Cap: Rs. 12064.03 Cr
Dividend Yield: 4.66%
Net Profit in the Last Quarter: Rs. 255.20 Cr
Quarter Profit Variation: -21.22%
Sales in the Last Quarter: Rs. 21187.18 Cr
Quarter Sales Variation: 26.09%
ROCE: NA
200 DMA: Rs. 154.50
Data as of 18Aug 2023 (Source: Moneycontrol.com & Screener.in)
Redington boasts remarkable financial resilience, evident in its low P/E ratio and impressive dividend yield. While the recent quarter saw a slight dip in net profit, its robust sales growth signals adaptability. Redington’s consistent performance and solid market presence position it as a preferred choice for investors seeking resilient growth.
India Pesticides – Cultivating Future Growth
CMP: Rs. 211.75
P/E Ratio: 20.49
Market Cap: Rs. 2438.59 Cr
Dividend Yield: 0.35%
Net Profit in the Last Quarter: Rs. 15.89 Cr
Quarter Profit Variation: -61.59%
Sales in the Last Quarter: Rs. 201.44 Cr
Quarter Sales Variation: -7.79%
ROCE: NA
200 DMA: Rs. 213.65
Data as of 18 Aug 2023 (Source: Moneycontrol.com & Screener.in)
India Pesticides holds the potential to cultivate future growth, despite recent fluctuations in performance. Its P/E ratio suggests moderate valuation, while the recent dip in net profit is balanced by consistent dividend yield. Investors interested in the agricultural sector might find India Pesticides a valuable addition to their investment portfolio.
Petronet LNG – Fueling Growth Opportunities
CMP: Rs. 219.25
P/E Ratio: 9.88
Market Cap: Rs. 32887.50 Cr
Dividend Yield: 1.37%
Net Profit in the Last Quarter: Rs. 789.85 Cr
Quarter Profit Variation: 12.69%
Sales in the Last Quarter: Rs. 11656.05 Cr
Quarter Sales Variation: -18.28%
ROCE: NA
200 DMA: Rs. 220.28
Data as of 18 Aug 2023 (Source: Moneycontrol.com & Screener.in)
Petronet LNG fuels growth opportunities with its low P/E ratio and consistent net profit. The recent quarter’s sales performance, although lower, is balanced by an impressive dividend yield. As a significant player in the energy sector, Petronet LNG holds the potential to be a cornerstone of short-term investment strategies.
These carefully analyzed stocks offer a diverse range of opportunities for short-term investment. Keep in mind that the stock market is ever-evolving, and prices can be volatile. Thorough research and a comprehensive understanding of your risk tolerance are vital when venturing into the realm of stock market investments.
Thank you for reading this post. I hope you find this informative and useful. Please share your thoughts, opinions, and suggestions in the comments below.
Disclaimer:
The information provided in this article is for informational purposes only and should not be considered as financial or investment advice. Trading and investing in the stock market involves risk, and individuals should exercise caution and conduct their own research before making any investment decisions. The analysis and recommendations presented in this article are based on publicly available information and historical data, and there is no guarantee that future performance will match the past performance discussed in this article. Stock prices and market conditions can change rapidly, and past performance is not indicative of future results. The author and the website make no warranties or representations, express or implied, as to the accuracy or completeness of the information provided. The author and website will not be liable for any errors or omissions in the content or for any actions taken based on the information provided in this article. Investing in the stock market involves risk, including the risk of loss of capital. Individuals should carefully consider their financial investments.
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