Ok! #Sensex at 50K again & everyone is thinking if we are off the cliff yet! but seldom do markets work like we want them to.
Like I always say: Markets can remain irrational for longer than you can remain solvent!

The only way to win this game in a world where there is very minimal information asymmetry is by being patient and waiting for your price to enter. It could take weeks, it could take months but your price will definitely come if you wait!

So, what do you do till your price comes? you invest that time in learning about companies, industries and investors. Now that I am in cash I run screeners regularly to get a good list of companies and then I prune the list. Try this link for screeners.. https://www.tijorifinance.com/filter/?q=5yr%20avg%20roce%20%3E%2015%20and%0A%20market%20cap%20%3E%202000%20and%20%0ADebt%20to%20Equity%20Ratio%3C0.25&qb=&fields=LCxhdmVyYWdlXzd5cntyb2V9LHByZXNlbnRfdmFse3Byb2ZpdF9hZnRlcl90YXh9&checksum=L649

Btw I thank @Tijori1 for building this amazing website!
ok now getting back to my screener, the below are my parameters
- 5Yr avg RoCE >15%
- D/E < 0.25
- Mcap > 2,000 Crores
I get a list of 169 companies out of a listed space of ~7500 companies

I'm planning to do a brief about all those 169 companies over the next 3 month's time so that we build a good knowledge base, which is very important when it comes to investing!
I have added a couple of more parameters like 7 Yr avg Return on Equity and Last FY PAT

Now getting to the top 20 companies arranged as per 7 Yr avg RoE
1. HUL
2. Castrol
3. KPIT Technologies
4. ColPal
5. Crompt. Greaves
6. Page Industries
7. Nestle
8. IEX
9. Coal India
10. P&G Hygiene
11. Bajaj Corp
12. VST Industries
13. Caplin Point Lab
14. HDFC AMC

15. TCS
16. Avanti Feeds
17. Eris Lifesciences
18. Marico
19. L&T Infotech
20. CRISIL

Sector-wise Split

FMCG - 8
Auto Ancillaries - 1
ITES - 3
Cap Goods - 1
FIN Services - 3
Mining - 1
PHA/HC - 2
AGRI - 1

The next 20 are:
1. Hero MotoCorp
2. Tata Elxsi
3. Sonata Software
4. Triveni Turbine
5. Rossari Biotech
6. IRCTC
7. Ajanta Pharma
8. Fine Organic Inds.
9. Suven Pharma
10. Dabur India
11. Gillette India
12. Orient Refractories
13. eClerx Services
14. Bharat Rasayan

15. Vaibhav Global
16. Asian Paints
17. Oracle Finl. Service
18. L&T Technology Serv.
19. Eicher Motors
20. Hexaware Tech.

Sector split
Auto - 2
ITES - 6
Cap Goods - 2
PHA/HC - 3
FMCG/RET - 4
CHEM - 1
AGRI - 1
PAINT - 1

https://twitter.com/Kishoreciyer1/status/1357385580351344641?s=20

This thread will continue!