Welcome to the world of stock market analysis, where making informed decisions is key to success. Screener.in is a powerful tool that can help you analyze and screen stocks efficiently. In this comprehensive guide, we'll take you through the basics of using Screener.in to make informed investment choices.
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What is Screener.in?
Screener.in is a popular website among Indian investors for fundamental analysis of stocks. It provides a user-friendly interface for accessing a wealth of financial data on Indian companies. Whether you're a seasoned investor or just starting, Screener.in can be your go-to platform for screening stocks based on specific criteria.
Navigating the Website
Before we dive into the details of stock screening, let's get familiar with Screener.in's interface:
- Homepage: Start by visiting www.screener.in and log in to your account or create one if you don't have one already.
- Query Builder: The heart of Screener.in's stock screening capabilities lies in its Query Builder. You can find it by scrolling down on the homepage.
How to Use the Query Builder
The Query Builder is where you create specific queries to filter stocks based on your criteria. These queries can be simple or complex, depending on what you're looking for. Here's how you can get started:
Basic Query Example
Let's say you want to find companies with a Price to Earnings (PE) ratio of less than 15. In the Query Builder, you'd simply write:
Price to earnings < 15
This single-line query will filter out companies that meet this criterion.
Advanced Queries
Screener.in allows you to create more advanced queries by combining multiple criteria. For example, if you're interested in companies with both a PE ratio less than 15 and a Price to Book Value (PBV) ratio less than 3, you'd write:
Price to earnings < 15 AND
Price to book value < 3
Remember to use 'AND' between lines when you want to apply multiple filters. Screener.in will display companies that meet all the specified criteria.
What Can You Screen For?
Screener.in's Query Builder empowers you to screen for various attributes, including:
- Market capitalization (small-cap, mid-cap, large-cap)
- Penny stocks (low share price and market cap)
- Debt-free companies
- Debt-free large-cap companies
- Stocks with low PE ratios
- High dividend-paying stocks
- Companies within a specific price range
In the upcoming parts of this guide, we'll dive deeper into each of these screening criteria, providing real examples and insights on how to make the most of Screener.in.
Stay tuned for Part 2, where we'll explore how to find small-cap, mid-cap, and large-cap companies using Screener.in's Query Builder. Whether you're a seasoned investor or a beginner, Screener.in can be your ally in making informed investment decisions.
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