Average return on capital employed 5Years > 20 AND
Market Capitalization > 1000 AND
Return over 5years >20% AND
Profit growth 5Years >15 AND
Promoter holding>50
I then go to Markets Mojo results corner and see how have been the performance of the company in the last few quarters and YOY.
I find it the easiest site to take a bird's eye view of the results.
I write these scores for few last quarters.
I then go to money control and see the basic information like market cap, TTM PE, Sector PE, P/B SWOT, Money Control Insights powerered by Trendlyne
It gives me an insight of the valuations, results, peer group comparison.
Promoter holding pattern. moneycontrol.com/swot-analysis/…
Great promoter holding, but we need to understand why mutual funds and FII are decreasing the share holding.
Is it the recession in Europe & USA and major chunk of revenue of LTTS coming from there? 👁️👓
We need to see.
FII holding is decreasing in LTTS. #recession.
Revenue from USA, Europe
We read all this on the screener.
sedg.in/86vmtn7e
I then see stock edge: earnings ConCall.
Edge Report.
sedg.in/e15ha64i
Stock edge helps us to see the basic hygiene check.
I never miss to see the fundamental Ratios of Stockedge
Return , Growth, Solvency, cash flow, Efficiency and valuations.
sedg.in/s5wjlip9
Stockedge really helps to see the current situation:
Technical scan
So once i have screened and am satisfied that i am ready to own this business, i go for some basic technical screen.
I don't want to buy it on the top.
Once i see a decent slow moving monthly chart, I see weekly chart.
For eg buying LTTS in nov 2021 was not wise.
But buying more in June lows
Around 100 Weeks moving average
(3000 rs approx)
Was a good time to do bottom fishing 🎣🎣.
One can do bottom fishing of good levels only when one is sure that the business is strong and will stand against the tides of of economic conditions.