4 stocks with the highest Piotroski score in Nifty 500

Balkrishna Industries: Piotroski Score 9

Balkrishna Industries, founded in 1961, is a large cap tire industry company with a market capitalization of Rs 44,460.05 crore.

On July 30, 2021, the company declared a dividend of Rs 4.0 per share, with a registration date of August 14, 2021. The share returned 82.7% over three years, compared to 40.88% for the The Nifty 100 Index. The company‘s annual revenue growth rate of 17.65% exceeded its three-year CAGR of 7.5%.

India welspun: Piotroski Score 9

Welspun India is an Indian textile company based in Mumbai, Maharashtra. It is the second largest manufacturer of terry towels in Asia and the world. Over 94 percent of its home textiles are exported to more than 50 countries.

Only 5.33% of trading sessions over the past 16 years have seen intraday gains of more than 5%. The stock returned 82.17% over three years, compared to 41.22% for the Nifty Midcap 100. It is a textile-related company with a market capitalization of Rs 13,357.82 crore.

Torrent Pharmaceuticals: Piotroski Score 9

Torrent Pharmaceuticals Ltd is an Indian global pharmaceutical company based in Ahmedabad, India and controlled by the Torrent Group. UN Mehta promoted it as Trinity Laboratories Ltd, but it was eventually renamed Torrent Pharmaceuticals Ltd.

Only 2.51% of trading sessions over the past 16 years have seen intraday gains of more than 5%. The stock has gained 73.75% over the past three years, compared to 41.73% for the Nifty 100. Over a three-year period, the stock has lost 73.75%, while Nifty Pharma has lost 43 , 6%.

Torrent Pharmaceuticals Ltd. distributed a stock dividend of Rs 35.00 per share over the past 12 months. This equates to a dividend yield of 1.2 percent at the current share price of Rs 2,911.85.

Cadila Healthcare: Piotroski score is 9

Cadila Healthcare Limited is a multinational pharmaceutical company based in Ahmedabad, Gujarat, India specializing in the manufacture of generic drugs. In 2020, it was ranked 100th on the Fortune India 500 list.

The stock gained 38.04% over three years, against 41.73% for the Nifty 100. Over a three-year period, the stock generated a return of 38.04%, while Nifty Pharma generated a gain of 43.6%.

Cadila Healthcare Ltd. issued a stock dividend of 3.50 rupees per share in the past 12 months.

This translates into a dividend yield of 0.64% at the current share price of Rs 544.00.

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Edelweiss Financial: the Piotroski score is 9

Edelweiss Financial Services Ltd., founded in 1995, is a mid-cap company (with a market capitalization of Rs 7,511.11 crore) in the NBFC industry. The company’s upcoming dividend is Rs 0.55 per share, following a distribution of Rs 1.45 per share to shareholders the previous year. Edelweiss Financial Services has a sliding return of 1.12% on its current price of Rs 80.2 based on last year’s total dividend payments. The stock returned -72.17% over a three-year period, while the Nifty Midcap 100 returned 38.15%.