Long term investing in fundamentally strong shares for 6th January 2023

   Long term investing in Nifty 50 & Bank Nifty value shares, stock screener for 6th January 2023

💧 Following are shares that are there trading above there three year low as per data of nifty-50 shares , those shares that are having a current price up by at least 25% from their three year low are considered a value buy for long term if the fundamentals of the company are still as strong.

💦You may see that these shares can not only recover but also grow from their lows to upto 500% as in the case of TATAMOTORS below.  This tempts us to buy shares that have recovered 30% to 50% only as on date, this maybe considered as their low price and expected to double in next few years.

	NIFTY 50				prepared on 01-02-2023
Sr. No.	Stock	Price	Lowest Closing in last 3 Years	Recovery % in last 3 Years	Market Capital (in crores)
1	BPCL	343.8	262.85	30.8	74235.98
2	HINDUNILVR	2576.65	1838.3	40.16	604888.51
3	NESTLEIND	19030	12944.65	47.01	183201.67
4	SHREECEM	23690.05	15783.8	50.09	85759.85
5	KOTAKBANK	1735	1098.25	57.98	344162.47
6	BAJAJFINSV	1343	819.45	63.89	213608.54
7	DRREDDY	4340	2623.95	65.4	886.74
8	HDFCLIFE	579.5	342.3	69.3	124523.42
9	IOC	81.9	47.7	71.7	115582.34
10	HDFC	2628.85	1499.55	75.31	479353.02
11	HEROMOTOCO	2765.95	1553.5	78.05	55192.32
12	ASIANPAINT	2730	1498.45	82.19	261437.38
13	DIVISLAB	3323.05	1805.25	84.08	88043
14	BHARTIARTL	771	390.37	97.5	443472.9
15	BAJAJ-AUTO	3828	1935.55	97.77	108055.77
16	POWERGRID	218	108.11	101.65	152241.38
17	BRITANNIA	4325	2137.85	102.31	103966.81
18	COALINDIA	224.75	110.55	103.3	138569.05
19	TCS	3358.5	1636.35	105.24	1227881.9
20	GAIL	95.5	46.27	106.4	62627.82
21	TECHM	1016.1	487.2	108.56	98870.12
22	HDFCBANK	1605.8	767.7	109.17	11273.34
23	MARUTI	8900	4011.5	121.86	268539.66
24	NTPC	170.85	76.4	123.63	165958.42
25	SBILIFE	1220	539.2	126.26	122280.71
26	ULTRACEMCO	7083	3018.1	134.68	204193.12
27	ITC	352.6	147.25	139.46	437473.72
28	ONGC	144.9	60	141.5	182099.55
29	WIPRO	398.75	162.35	145.61	2680.11
30	EICHERMOT	3276.9	1268.01	158.43	89555.33
31	RELIANCE	2356.65	875.75	169.1	1554552.92
32	CIPLA	1020	374.7	172.22	82054.8
33	HCLTECH	1123.55	405.8	176.87	304048.39
34	AXISBANK	871.65	303.15	187.53	268130.36
35	INFY	1534	526.45	191.39	7919.4
36	ICICIBANK	835	284	194.01	7254.95
37	ADANIPORTS	613.3	207.8	195.14	132406.53
38	UPL	756.85	254.6	197.27	56847.39
39	TITAN	2383	800.95	197.52	211075.74
40	LT	2120.95	707.9	199.61	298413.78
41	SUNPHARMA	1037.05	324.5	219.58	248520.16
42	BAJFINANCE	5884	1829	221.71	355687.24
43	INDUSINDBK	1083.45	301.3	259.59	84221.31
44	SBIN	556.95	150.85	269.21	494018.07
45	GRASIM	1590.55	398.51	299.12	104510.53
46	TATASTEEL	119.6	25.38	371.24	145237.03
47	JSWSTEEL	719	140.7	411.02	172173.09
48	M&M	1377	269	411.9	164905.23
49	HINDALCO	469	87.9	433.56	104958.49
50	TATAMOTORS	451.5	65.3	591.42	161792.83

 

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Trading in stock market is very risky. Please analyse yourself what is your risk profile. This blog is not perfect. This is not an advisory service to buy or sell. The contents of “this blog” are only for educational purposes. No liability is accepted for any content in this blog.

The author is not a registered stockbroker nor a registered advisory and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.