Fast growing stocks

The query is designed to identify stocks with strong growth characteristics and favorable valuation metrics compared to their industry peers. Here's a summary of the criteria: - **Market Capitalization > ₹10,000 Cr**: Targets companies that are among the top 500 in terms of market size. - **Profit Growth > 30%**: Looks for companies with a significant year-over-year increase in profits. - **Sales Growth > 30%**: Filters for companies that have also seen substantial sales growth. - **Profit Growth > Return over 1 Year**: Prefers companies whose profit growth exceeds their stock price appreciation over the past year. - **Price to Earning < Industry PE**: Selects companies that are potentially undervalued compared to the average valuation of their industry. This screener aims to find growing stocks that may be good candidates for investment over the short to medium term, like the next 4 to 5 years¹. It's a strategy that might appeal to investors looking for companies with strong fundamentals that are also trading at a discount to their industry.

by Jithu