Top 6 Stocks with good earnings give high return

Top 6 Stocks with good earnings give high return.

    The business of these companies is improving and according to this they are          showing a glimpse of further earnings. 

1. NILKAMAL

The stock touched a peak of 2200 in 2017. Still 40 percent below the peak. NILKAMAL is the world's largest company of modified furniture. It is a large material handling Systems Company and retails as @Home.

NILKAMAL has a market cap of Rs 2,000 crore. Promoters hold a 64 percent stake in it. MFs account for 17 percent of this.

 2. TATA MOTORS DVR

The stock touched a high of 387.40 in 2014. It is currently trading below 80 per cent of that level. Now with the coming of scrap policy this whole sector will benefit. Sales of commercial vehicles have been very low in this financial year. Scrapage policy will increase demand for CV. Auto sales have been weak in October. CV sales declined by 36 percent and MHCV sales declined by 63 percent. In this, Tata Sons has proposed a pref issue of 6500 crores and increased shareholding.

 3. KNR CONSTRUCTION

In 3 years, the company's revenue has doubled. ROE has been 20% and ROCE 20.5%. The company has an orderbook of over Rs 6500 crore. The promoter's share in the company is 55% while the share of MFs is 31% from 28%.

4. DIXON TECH

Electronics product manufacturer. The company has 10 factories in UP, YK and Andhra Pradesh. Famous companies from India and abroad are its customers. In the second quarter, the company's revenue grew by 89.8% to Rs 1,402 crore while profit was up 162% to Rs 43 crore.

Income is expected to grow by 40% in FY20 while profit growth is possible up to 60%. Large orders are expected to be received in the next 6 months. It is estimated to produce 20/25 lakh TV sets in FY20. Cash flow in the first half was Rs 65 crore, which is expected to grow further. Washing machine, TV, and lighting unit running at 75% -80% capacities.

 5. BALKRISHNA IND

The stock touched an upper level of 1450 in Aug 2018. The stock has lost 41 percent from the upper levels. BALKRISHNA IND has been involved in tire business for the last 32 years.

The company has a total capacity of 3 lakh MTPA. The company operates in more than 160 countries. Customers of this company include JCB, CAT, TAFE.

The promoter holds a 58 percent stake in the company. There is no debt on the company. The company's profits have doubled in the last 5 years. It is the largest company in Off Road Market.

 6. VENKYS

It is part of the VH Group which is the Integrated Poultry Group of Asia. The company owns chicken and breeding farms. It deals in poultry, poultry products, animal health products and oil seeds.

On an annual basis, the company's profit in the second quarter of FY 2020 increased by 147 percent to Rs 13.6 crore, while in the second quarter of FY 2019, the company's profit was Rs 5.5 crore.

On an annual basis, the company's revenue in the second quarter of FY 2020 increased by 26.2 per cent to Rs 814.7 crore as against Rs 645.5 crore in the second quarter of FY 2019.

In the last 2 years, the stock has traveled from Rs 400 to Rs 1720 and has a CAGR of 43 per cent. The high level is currently trading below 63 percent and 36 percent below its 52-week high.