- Larsen & Toubro
- ICICI Bank
- Tata Motors
- ITC
- LIC
- Indian Hotels
- Dixon Technologies
- BEML
- Amara Raja Batteries
- Venky’s India
Fundamentals of some of the stocks are:
ICICI Bank Ltd.
Strengths
Over the past 3 years:
- ROA of 1.31%.
- Return on Equity of 11.60%.
- NIM of 3.41%.
- CASA stands at 48.70% of total deposits.
Limitations
- Low interest coverage ratio.
- Poor sales growth of 9.38% over past five years.
ITC Ltd.
Strengths
In the last 3 years:
- ROE of 24.39%.
- ROCE of 30.86%.
- Debt free.
Limitations
- Profit growth of 6.50%.
- Revenue growth of 7.78%.
Life Insurance Corporation of India
Strengths
- Debt free.
- 3 Years ROE track record of 76.4%.
Limitations
- Trading at 14.0 times its book value.
- Poor sales growth of 7.92% over past five years.
Venkys (India) Ltd
Strengths
- Interest coverage ratio of 13.89.
- Cash Conversion Cycle of 20.93 days.
- Promoter holding of 56.11%.
Limitations
In the last 3 years:
- Profit growth of -1.82%.
- Revenue growth of 13.08%.
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Investors has to be a little more careful about what to get into if there are corrections. Instead of chasing the stocks aggressively, be a little more mindful of the valuations.