Arrow Greentech is one of many stocks the market is bullish on. Its expected double-digit top-line and bottom-line growth exceeds its peers, and its financially stable position lessens the chances of risk. I would suggest taking a look at my list of companies that compare favourably in all criteria, and consider whether they would add value to your current portfolio.
Arrow Greentech Limited (BSE:516064)
Arrow Greentech Limited, together with its subsidiaries, manufactures, sells, and exports cast water soluble films worldwide. The company was established in 1960 and with the market cap of INR ₹5.26B, it falls under the mid-cap group.
516064’s forecasted bottom line growth is an optimistic double-digit 38.48%, driven by the underlying triple-digit cash flow from operations growth over the next few years. Profit growth, coupled with operating cash flow expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. 516064 ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Should you add 516064 to your portfolio? Check out its fundamental factors here.
Motherson Sumi Systems Limited (BSE:517334)
Motherson Sumi Systems Limited designs, develops, manufactures, and supplies wiring harness, rear view mirrors, and interior and exterior modules to the automotive and other industries in India and internationally. Motherson Sumi Systems was started in 1986 and has a market cap of INR ₹756.81B, putting it in the large-cap category.
517334’s forecasted bottom line growth is an optimistic double-digit 28.65%, driven by the underlying double-digit sales growth of 47.38% over the next few years. Profit growth, coupled with top-line expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 27.38%. 517334’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. Could this stock be your next pick? Have a browse through its key fundamentals here.
Minda Industries Limited (BSE:532539)
Minda Industries Limited, together with its subsidiaries, designs, develops, manufactures, and sells auto components, including auto electrical parts and its accessories in India and internationally. Established in 1958, and run by CEO Nirmal Minda, the company provides employment to 6,200 people and with the stock’s market cap sitting at INR ₹96.08B, it comes under the large-cap category.