Stocks that posted good results last week (Feb 12-16, 2024)

Good Quarter + Consistent Performer

Q3 FY24 season is underway and almost 1600 companies announced their results last week between Feb 12-16, 2024.

Out of these, we have filtered the top 36 companies with stellar performances. Not just that, these companies have shown good performance in the previous quarters as well.

Please find the list below. But before you check the list, I wanted to highlight a key point.

If you observe the last column in the list below (Price), you can see that most of the stocks (> 50%) are trading above ₹1000. When I started my investing journey, I usually ignored high-priced stocks because at that time I believed low-priced stocks could shoot up quickly (a blunder). It is absolutely stupid not to buy quality stocks just because a single share is trading above ₹1000 or ₹5000 or even ₹28000.

Ignore the Price of a single share. Look at the Fundamentals of the Stock (Quality), Future Prospects (Earnings Power), Market Capitalization (Size) and how costly is it trading right now (Valuation).

One of the best ways to find quality stocks is to keep track of the performances every quarter and look for consistency. Once you form the list of stocks, you can dive deep into the fundamentals and other qualitative aspects.

We will post the best performers during the results season as and when the results come out. Please stay tuned for more updates.