
Data as of 3 Jan 2025
Despite its many challenges the Indian economy will grow-through the sheer momentum created by its demographic profile, the energy of its people, the innovative and entrepreneurial spirit of its educated professionals, and the domestic demand of a growing middle class. And the stock market will grow in step with the economy.
In such an environment, there will be some Indian small cap growth rockets. The filters below screen for such companies with sustainable growth based on good fundamentals.
#The Growth Health Score is a proprietary metric devised by www.investing.com to measure the risk component of the company in relation to the sector it is in, and the sector's current prospect in the Indian economy.

13 companies fit the screening criteria and you can download the spreadsheet here:
Notes: (1) Bear in mind that rockets are rockets so don't expect to find favorable undervaluation metrics such as P/E or P/B. (2) I have ranked the stocks ascending by their float/outstanding shares % IMHO, this is the main fuel for the rocket. [the smaller the float/outstanding shares %, the more potent the rocket fuel] (3) Also bear in mind that the Indian stock market has the second highest correlation with the U.S. market after Singapore. See https://www.asiapacstocksquant.com/post/trump-proofing-with-a-low-risk-portfolio-of-asiapac-market-index-etfs . So you have to rode out temporary downturns if the coming of the MAGA Man on 20 Jan creates volatility in global markets.
Happy Trading! Oops! I mean Investing.
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