Despite good results in FY21, these stocks are still at least 20% off their 52 week high, what do you have?

Benchmark indices are looking close to their all time highs. In such a situation, market experts are of the opinion that investors should bet only on selected quality stocks. In an effort to pick the best stocks for you, Moneycontrol has analyzed companies that have achieved 10 per cent profit margin in every quarter of FY21 and have positive quarterly sales growth on a year-on-year basis. In this analysis, we have included only those stocks which have a market cap of Rs 1000 crore and have lost more than 20 per cent from their 52 week high. 5 stocks included in BSE have met these standards.

Let’s take a look at these

Aarti Drugs  | This pharma and drug company has seen a decline of 28 percent from its 52 week high of Rs 1025 achieved on 8 October 2020 to the level of Rs 736.75 on 16 June 2021. Its profit margin was 5.69 percent in the June 2020 quarter. Whereas in the September 2020 quarter it was 13.02 percent. It was 12.8 per cent in the December 2020 quarter. At the same time, the company’s profit margin was 10.29 percent in the March 2020 quarter.

Indiamart Intermesh| This e-commerce company has seen a decline of 27 percent from its 52 week high of Rs 9951.95 achieved on 5 February 2021 to the level of Rs 7290.80 on 16 June 2021. Its profit margin was 48.66 percent in the June 2020 quarter. Whereas in the September 2020 quarter it was 42.89 percent. It was 46.49 per cent in the December 2020 quarter. At the same time, the company’s profit margin was 31.89 percent in the March 2020 quarter.

Granules India| This pharma and drug company has seen a decline of 26 percent from its 52 week high of Rs 438.00 achieved on 1 December 2020 to the level of Rs 323.70 on 16 June 2021. Its profit margin was 15.15 per cent in the June 2020 quarter. Whereas in the September 2020 quarter it was 19.07 percent. It was 17.38 per cent in the December 2020 quarter. At the same time, the company’s profit margin was 15.96 percent in the March 2020 quarter.

Share India Securities | This stock broking company has seen a decline of 25 percent from its 52 week high of Rs 600 achieved on 31 May 2021 to the level of Rs 450.15 on 16 June 2021. Its profit margin was 14.63 per cent in the June 2020 quarter. Whereas in the September 2020 quarter it was 13.74 percent. It was 15.87 per cent in the December 2020 quarter. At the same time, the company’s profit margin was 18.71 percent in the March 2020 quarter.

Select Platforms | This IT software company has seen a decline of 22 percent from its 52 week high of Rs 1030 achieved on 3 March 2021 to the level of Rs 803.25 on 16 June 2021. Its profit margin was 17.26 per cent in the June 2020 quarter. Whereas in the September 2020 quarter it was 13.97 percent. It was 14.30 per cent in the December 2020 quarter. At the same time, the company’s profit margin was 15.81 percent in the March 2020 quarter.

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