Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 44%

Synopsis

Indian markets will open for trade when the global markets have been in a positive mood. Now it is not every day that one should correlate what has happened in global markets and how the Indian markets have behaved. But at times, these correlations become important because they are able to shed some light on what might happen in near term. In the last few days, the Indian market has been charting its own volatile course with bearish bias even when global markets have been inching higher. But that was probably due to India specific, like advisory on small cap and mid cap funds. But now with a spike in oil prices, does it mean some macro headwinds to which the market is adjusting the prices. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

While it is always better to focus on what is happening to the individual stocks, there times it becomes “a must” before taking any decision. The reason, there is a possibility of greater divergence in how the broader market indices like Nifty and Sensex move and how the individual stocks and sector perform. For example, if there is recovery in metal prices, the integrated metal producer might see an uptick in their margins, however their user
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