MarketSmith india - Your Starting Point for Picking the Best Stocks to Watch – Persistent Systems

BENGALURU, India - Jan. 27, 2025 - PRLog -- One of the best ways to identify top-performing stocks is by frequently checking the MarketSmith Stock Screens under the 'Idea List' tab.

Top Stock Screeners

Here are the top stock screeners you should be checking every week.

1. New High With Best EPS Rank
2. Up On Volume
3. Industry Group Rank Up
4. Price Gaps Up
5. New High in RS Line after 4 ‐Year Decline
6. Greatest Improvement In Master Score
7. Highest EPS and Relative Strength
8. Largest Quarterly EPS % Changes

These lists are unbiased, generated by algorithms, and rooted in criteria that have stood the test of time. This column provides timely analysis of selected stocks from these lists.

How We Pick High-Potential Stocks for this Column

The selection process involves a set of specific criteria. These include:

• Minimum Market Capitalization of INR 3,000 Cr. And Average Rupee Volume of INR 15 Cr.
• Stocks must be within 15% of its 52-week high, Master Score of >=60 and Price Strength of >=69
• Stocks must appear one of the above mentioned list
• Stock must be either FORMING a Base or within the Buy Range of the most recent Base breakout

Top Stocks to Watch Right Now

• Persistent Systems (Forming a Consolidation, List Name: Up On Volume, Largest Quarterly EPS % Changes)
• Wipro (Nse) (Breaking Out from a Flat Base, List Name: Up On Volume, Price Gaps Up)
• Tech Mahindra (Forming a Flat Base, List Name: Greatest Improvement in Master Score)

Analysis of Top Growth Stocks

Persistent Systems Stock

Persistent Systems has an operating revenue of Rs. 11,287.13 Cr. on a trailing 12-month basis. An annual revenue growth of 18% is outstanding, Pre-tax margin of 15% is great, ROE of 22% is exceptional.

Wipro (Nse) Stock

Wipro (Nse) has an operating revenue of Rs. 88,792.50 Cr. on a trailing 12-month basis. An annual revenue de-growth of -1% needs improvement, Pre-tax margin of 16% is great, ROE of 15% is good. The company has a reasonable debt to equity of 8%, which signals a healthy balance sheet.

Tech Mahindra Stock

Tech Mahindra has an operating revenue of Rs. 52,475.62 Cr. on a trailing 12-month basis. An annual revenue de-growth of -2% needs improvement, Pre-tax margin of 6% is okay, ROE of 9% is fair but needs improvement.

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