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 Abhishek |  November 6, 2014 |  Fundamental Analysis |  6

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Lot of people as me , “How did I found this new stock? ” whenever I

recommend them some new stock whose name they have never heard Popular Posts
before. There are 7000 listed companies in the Indian stock exchanges but
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in media only 10% are discussed which are mainly the front-line large caps
from 5k to 1.8$ Billion
and small mid caps stocks. There are many good fundamentally sound
True inspiring story of a handicapped
stocks that do not get media attention. They come in media only after they
lady trader who made 6
have multiplied. You can find such good stocks yourself with the help of
Saving of 30 Rs a day Can make you
screening tools that can filter the stocks based on certain parameters. 
a Crorepati

There are many screening tools but I like Google finance’s stock screener Best free nifty charting software for
tool very much. Its free and easy to use.  Here I will show you step by step technical analysis

how to use Google stock screener and apply the Graham’s recommendation Muthoot Finance NCD Issue Opens
to filter out the bad stocks. Offers 13.25% Interest Rate

There are two boxes in the screener tool in the left box you have to enter the
minimum value and in the right one the maximum value.
How to get new stock ideas with Google stock
screener
Step 1: Go to Google Stock Screener

Step 2 : Select country as India, Exchange as BSE and Currency as India

Rupee. I am using BSE here because it’s the oldest exchange and many
good companies are listed on BSE that are not listed at NSE

Step 3:   We don’t want to deal with companies of very small size. In the
market cap box enter 300 crore or just 3B which means 3 billion.

Step 4: Investment should not be done in the stocks which are priced
too high. We are looking at the stocks that are fairly priced or which are at
the bargain price. We check whether the stock is expensive or cheap using
the financial ratio know as P/E ratio. Graham says stocks below the PE of
15 are good for new investment.  Enter 5 in the left box and 15 in the right
box. You can also enter zero but that will generate the stock list of
companies having no earning. PE of zero means company is not earning
anything.

Step 5: If you like companies that reward their investors by paying regular
dividends then you can enter 1 or 2 % in the dividend yield box.   After
implementing all these things picture will be like this

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Warren Buffett Wants You
Step 6: Lets apply some more filters. Click on ‘Add Criteria’  select price to To Know
book value and hit the ‘add criteria’ button.   In the same way you can add
other filters like debt/assets , current ratio, 5 year sales growth , EPS growth,
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 profit margin etc
By Warren Buffett in
Letters to Shareholders

Greenblatt Magic Formula

Test for Indian Stocks

Step 7: We are looking for growing companies having good profit margin.
Book Review: Common
For this we will add the  5 year earning per share (EPS) growth rate criteria Stocks and Uncommon
and add the value 10-50 , this will show up  the companies that have Profits
increased their EPS by at least 10% over 5 years period.   Similarly we will
add the 5 year revenue growth criteria and net profit margin criteria to be of
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at least 8% . This will filter out the stocks having low revenue growth and Application Via SBI
profit margin. Netbanking
Step: 8 To make sure that company has sufficient capacity to pay the debts
in adverse situations, we will use the debt to asset ratio. We will enter the
value zero and 50 here, that means we want the companies which have
either zero debt or their debt is no more than half the value of total assets.

The final picture looks like this

You can add/remove criteria as per your requirement. On applying these

criteria I got the list of around 600 stock from   6300 somewhat listed BSE
stocks consisting of all sectors. If I go sector specific the list will reduce
further. This is a great tool for generating new stock ideas. One should
understand that this generated list is not the guarantee of perfection.  You
should also check   other fundamental and technical parameters before
taking final decision on  investment.


 5 Comments Sort by Oldest

Add a comment...

ItsmeZain Uddin
University of Mumbai
great
Like · Reply · Mark as spam · 2 · Nov 8, 2014 6:32am

Sagar Patil
Pune
Nice share ...........Thank for sharing this
Like · Reply · Mark as spam · Nov 9, 2014 8:36pm

Divyansh Mishra
Allahabad, India
So nice of u sir
Like · Reply · Mark as spam · Jan 18, 2015 8:30pm

Kalpesh Vora
Hubli
how can i use the screener to find stocks have moved higher than
previous month hig
Like · Reply · Mark as spam · May 1, 2015 2:32am

Mahidar Msri
Mahbood college high school secunderabad
nice thanks for sharing
Like · Reply · Mark as spam · May 31, 2015 10:16pm

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About The Author

Abhishek
Abhishek is a certified research analyst an Engineer by
qualification but Blogger and financial trainer by profession.
Active in the stock market since 2008 and tracks equities
and currencies. You can follow him on facebook and twitter

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Comments (6)

Mahesh Vakkharia  November 7, 2014

Respected Abhishke Ji,
THANq very much for sharing your knowledge . Today just
now I have tried , Google Screener , but when I select INDIA ,
the screen doesn’t go further. Hangs up. But I really THANQ
for , atleast I came to know about this site.
Secondly , which indian stocks will BEFITE MOST OF CREUD
OILD PRICE FALL ??
THANQ ,
With Regards
Mahesh Vakharia

Reply

Author
Abhishek Shukla  November 7, 2014
I also faced the blank screen problem when
using chrome, but it works fine for me in internet
explorer. Paint, plastic, oil marketing companies,
tire stocks benefit the most from crude fall

Reply

Mahesh Vakharia  November 7, 2014

Respected Abhishek Ji,
THANQ very for your prompt reply . And , yes it
s working on Mercury Browser very nicely. One
more thing , can you give any site , where we
can find out the list of company whose MCAP
IS LESS THEN REVENUE ?
Or , technically. When ADX lines and MACD
are crossing Bullish pattern?
Thanxonce again. With Regards Sir
MaheshVakharia.
 Reply

Vijay Kumar  October 25, 2015

Hello Abhishek Ji,
Nice tool to share with us.
Regards.

Reply

rakesh singh gusain  March 1, 2016

nice information abhishekji but i would like to ask u that how
could we come to know that which amt or number to feed in
left and right box……there r so many criteria……

THANKS,
with regards
rakesh singh gusain

Reply

Author
Abhishek  March 1, 2016
you have to learn fundamental analysis for that

Reply

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IAbhishek
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markets doubledand
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