Introduction:
The Piotroski score is a numerical rating from zero to nine that evaluates a company’s financial strength. It identifies value stocks, with a score of nine indicating strong performance and zero showing weak performance across nine distinct financial criteria.
The Piotroski score helps investors quickly assess a company’s financial health and value potential.
It simplifies complex financial analysis, highlighting fundamentally strong stocks while avoiding weaker ones. By focusing on profitability, leverage, and operating efficiency, it aids in making informed investment decisions with minimal effort.
Nila Infrastructures Ltd
On November 26, 2024, Nila Infrastructures Ltd (NSE: NILAINFRA) opened at ₹10.68, touched an intraday high of ₹11.60, and a low of ₹10.53. The stock closed at ₹11.05, marking a 3.76% increase from the previous close of ₹10.66, with a market cap of ₹437.22 crore.
Nila Infrastructures Ltd boasts a robust financial performance with a Return on Capital Employed (ROCE) of 12.3% and a Return on Equity (ROE) of 7.94%. The company also holds a strong Piotroski score of 9, indicating high financial health.
Nila Infrastructures Ltd specializes in developing urban infrastructure projects, including commercial and residential spaces, enhancing city landscapes. It is recognized for its innovative approaches to property development and its significant contributions to urban renewal.
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Orient Green Power Company Ltd
On November 26, 2024, Orient Green Power Company Ltd (NSE: GREENPOWER) opened at ₹17.18, reached an intraday high of ₹17.25, and a low of ₹17.00. It closed at ₹17.09, matching the previous close, with a market cap of ₹2004.70 crore, showing stable trading for the day.
Nila Infrastructures Ltd boasts a robust financial performance with a Return on Capital Employed (ROCE) of 12.3% and a Return on Equity (ROE) of 7.94%. The company also holds a strong Piotroski score of 9, indicating high financial health.
Orient Green Power Company Ltd focuses on renewable energy, particularly in wind and biomass power generation, contributing to sustainable energy solutions. The company is committed to expanding its renewable portfolio to support global environmental goals.
Also Read: Green energy stock jumps 9% after it receives order from Powergrid to transmit renewable energy
Narmada Agrobase Ltd
On November 26, 2024, Narmada Agrobase Ltd (NSE: NARMADA) opened at ₹16.37, reached an intraday high of ₹16.70, and dipped to a low of ₹16.01. The stock closed slightly higher at ₹16.10, up 0.19% from the previous close of ₹16.07, with a market cap of ₹61.08 crore.
Narmada Agrobase Ltd shows commendable financial performance with a Return on Capital Employed (ROCE) of 8.79% and a Return on Equity (ROE) of 6.22%. The company also holds an impressive Piotroski score of 9, indicating robust financial health.
Narmada Agrobase Ltd produces agricultural-based products, primarily cattle feed and pellets, supporting the agricultural sector with quality supplies. They are dedicated to improving nutritional options for livestock, which enhances farm productivity and sustainability.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
