When looking for fundamentally strong midcap stocks, the Piotroski Score can be very helpful. A high Piotroski Score tends to indicate companies that are financially strong and have good fundamentals. Here’s a list of midcap stocks with a Piotroski Score of up to 9 that you may want to keep on your watchlist.
GE Vernova T&D India
GE Vernova T&D India Ltd is the listed subsidiary of GE’s Grid Solutions business in India. The company provides a wide range of solutions to connect and evacuate power from generation sources to the grid.
With a market capitalization of Rs 39,943.26 crore, the shares closed at Rs 1,560 per share, marking a 2 percent decrease as compared to the previous closing price. The company has a high Piotroski score of 9.
KPIT Technologies Ltd
KPIT is a global technology company that provides software solutions for driving mobility towards an autonomous, clean, smart, and connected future. The company deals with embedded software, AI, and digital solutions.
With a market capitalization of Rs 35,921.06 crore, the shares closed at Rs 1,310.30 per share, marking a 2 percent decrease as compared to the previous closing price. The company has a high Piotroski score of 9.
Piramal Pharma
Piramal Pharma Limited (PPL), one of the entities of the Piramal Group, has business spread across three key segments: Contract Development and Manufacturing Organizations (CDMO), Complex Hospital Generics (focused on critical care), and Consumer Healthcare (OTC).
With a market capitalization of Rs 29,796.19 crore, the shares closed at Rs 224.75 per share, marking a 3 percent increase as compared to the previous closing price. The company has a high Piotroski score of 9.
Waaree Energies
Waaree Energies Ltd is one of India’s top manufacturers of solar PV modules. The company’s diverse product portfolio features multicrystalline and monocrystalline modules, as well as TopCon modules.
With a market capitalization of Rs 69,114.59 crore, the shares closed at Rs 2,405.80 per share, marking a 1 percent decrease as compared to the previous closing price. The company has a high Piotroski score of 9.
Apollo Tyres
Apollo Tyres Limited deals in the production and sale of automotive tyres, automobile tubes, and flaps. The company caters across various geographical locations such as Asia Pacific, Middle East & Africa (APMEA), Europe, and other global markets.
With a market capitalization of Rs 26,928.28 crore, the shares closed at Rs 424 per share, marking a 1 percent decrease as compared to the previous closing price. The company has a high Piotroski score of 9.
Hitachi Energy
Hitachi Energy India Ltd, previously known as ABB Power Products and Systems India Ltd, offers an extensive portfolio of engineering solutions, products, and services to the utility and industrial clients, with specialisation in the field of power technology.
With a market capitalization of Rs 56,144.69 crore, the shares closed at Rs 12,596.30 per share, marking a 3 percent decrease as compared to the previous closing price. The company has a high Piotroski score of 9.
Written by Shwetha Sairam
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