Top small-cap stocks with the highest Piotroski score

resr 5paisa Research Team

Last Updated: 12th December 2022 - 12:47 pm

Listen icon

Nifty 50 continues its rally from its low registered in September 2022. With strong domestic and global cues, investing in quality small-cap stocks makes more sense. Read on to find out more about such stocks.

Nifty 50 opened today’s session on a strong note and encouraging global cues. Moreover, it has also surpassed the important Fibonacci level of 78.6%. However, strong resistance is seen near the 18,200 level. Any movement above this level will start a fresh move northward. On the journey southwards, 17,800 and 17,600 would act as strong support.

After making a strong rally in July 2022, the S&P BSE Small-Cap index corrected nearly 8.5% to 9%. In the month of October 2022, the S&P BSE Small-Cap index traded range bound. Unlike large-cap indices, the valuations of small-caps are lower. This serves as a good opportunity to gradually accumulate fundamentally strong small-cap stocks. In this article, we would be listing top-quality small-cap stocks having higher Piotroski score.

What really is Piotroski's score?

The Piotroski score is a unique number between zero and nine. This score is used to determine a company's financial strength. This is very popular among value investors, with a score of nine being the finest and a score of zero being the worst. The Piotroski score examines the profitability, leverage, liquidity, source of money, and operational efficiency of a firm.

The following is a list of the top small-cap stocks having a high Piotroski score.

Stocks

Piotroski Score

CMP (Rs)

PE TTM

Price to Book

Revenue QoQ Growth (%)

Vadilal Industries Ltd.

9

2,217.6

19.6

5.4

83.8

Jindal Drilling & Industries Ltd.

9

310.2

7.8

0.8

3.9

West Coast Paper Mills Ltd.

9

617.0

8.9

2

4.4

Andhra Paper Ltd.

9

491.8

9.9

1.8

6.1

Accelya Solutions India Ltd.

9

1,293.5

20.3

7.4

11.8

How do you rate this article?
Characters remaining (1500)

FREE Trading & Demat Account
+91
''
By proceeding, you agree to our T&Cs*
Mobile No. belongs to
hero_form

Indian Stock Market Related Articles

Top Growth Stocks Trading at a Discount

by 5paisa Research Team 4th Nov 2024

Best Gold ETFs in India

by 5paisa Research Team 4th Nov 2024

Best Corporate Bonds in India

by 5paisa Research Team 4th Nov 2024

Top 10 Best Government Bonds in India

by 5paisa Research Team 4th Nov 2024

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.

Want to Use 5paisa
Trading App?