{"id":13498,"date":"2023-04-04T15:52:46","date_gmt":"2023-04-04T10:22:46","guid":{"rendered":"https:\/\/univest.in\/blogs\/?p=13498"},"modified":"2023-04-04T16:07:08","modified_gmt":"2023-04-04T10:37:08","slug":"top-4-stocks-to-watch-out-for-the-next-3-months","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/top-4-stocks-to-watch-out-for-the-next-3-months\/","title":{"rendered":"Top 4 Stocks To Watch Out For The Next 3\u00a0months"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/top-4-stocks-to-watch-out-for-the-next-3-months\/#vc_row_type%E2%80%9Din_container%E2%80%9D_full_screen_row_position%E2%80%9Dmiddle%E2%80%9D_column_margin%E2%80%9Ddefault%E2%80%9D_column_direction%E2%80%9Ddefault%E2%80%9D_column_direction_tablet%E2%80%9Ddefault%E2%80%9D_column_direction_phone%E2%80%9Ddefault%E2%80%9D_scene_position%E2%80%9Dcenter%E2%80%9D_text_color%E2%80%9Ddark%E2%80%9D_text_align%E2%80%9Dleft%E2%80%9D_row_border_radius%E2%80%9Dnone%E2%80%9D_row_border_radius_applies%E2%80%9Dbg%E2%80%9D_overflow%E2%80%9Dvisible%E2%80%9D_overlay_strength%E2%80%9D03%E2%80%B3_gradient_direction%E2%80%9Dleft_to_right%E2%80%9D_shape_divider_position%E2%80%9Dbottom%E2%80%9D_bg_image_animation%E2%80%9Dnone%E2%80%9Dvc_column_column_padding%E2%80%9Dno-extra-padding%E2%80%9D_column_padding_tablet%E2%80%9Dinherit%E2%80%9D_column_padding_phone%E2%80%9Dinherit%E2%80%9D_column_padding_position%E2%80%9Dall%E2%80%9D_column_element_spacing%E2%80%9Ddefault%E2%80%9D_background_color_opacity%E2%80%9D1%E2%80%B3_background_hover_color_opacity%E2%80%9D1%E2%80%B3_column_shadow%E2%80%9Dnone%E2%80%9D_column_border_radius%E2%80%9Dnone%E2%80%9D_column_link_target%E2%80%9D_self%E2%80%9D_column_position%E2%80%9Ddefault%E2%80%9D_gradient_direction%E2%80%9Dleft_to_right%E2%80%9D_overlay_strength%E2%80%9D03%E2%80%B3_width%E2%80%9D11%E2%80%B3_tablet_width_inherit%E2%80%9Ddefault%E2%80%9D_tablet_text_alignment%E2%80%9Ddefault%E2%80%9D_phone_text_alignment%E2%80%9Ddefault%E2%80%9D_animation_type%E2%80%9Ddefault%E2%80%9D_bg_image_animation%E2%80%9Dnone%E2%80%9D_border_type%E2%80%9Dsimple%E2%80%9D_column_border_width%E2%80%9Dnone%E2%80%9D_column_border_style%E2%80%9Dsolid%E2%80%9Dvc_column_text_css%E2%80%9Dvc_custom_1680603822640margin-right_16px_importantmargin-left_16px_importantborder-right-width_10px_importantborder-left-width_10px_important%E2%80%9D\" title=\"[vc_row type=&#8221;in_container&#8221; full_screen_row_position=&#8221;middle&#8221; column_margin=&#8221;default&#8221; column_direction=&#8221;default&#8221; column_direction_tablet=&#8221;default&#8221; column_direction_phone=&#8221;default&#8221; scene_position=&#8221;center&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; row_border_radius=&#8221;none&#8221; row_border_radius_applies=&#8221;bg&#8221; overflow=&#8221;visible&#8221; overlay_strength=&#8221;0.3&#8243; gradient_direction=&#8221;left_to_right&#8221; shape_divider_position=&#8221;bottom&#8221; bg_image_animation=&#8221;none&#8221;][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_spacing=&#8221;default&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; column_position=&#8221;default&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;1\/1&#8243; tablet_width_inherit=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; animation_type=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][vc_column_text css=&#8221;.vc_custom_1680603822640{margin-right: 16px !important;margin-left: 16px !important;border-right-width: 10px !important;border-left-width: 10px !important;}&#8221;]\">[vc_row type=&#8221;in_container&#8221; full_screen_row_position=&#8221;middle&#8221; column_margin=&#8221;default&#8221; column_direction=&#8221;default&#8221; column_direction_tablet=&#8221;default&#8221; column_direction_phone=&#8221;default&#8221; scene_position=&#8221;center&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; row_border_radius=&#8221;none&#8221; row_border_radius_applies=&#8221;bg&#8221; overflow=&#8221;visible&#8221; overlay_strength=&#8221;0.3&#8243; gradient_direction=&#8221;left_to_right&#8221; shape_divider_position=&#8221;bottom&#8221; bg_image_animation=&#8221;none&#8221;][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_spacing=&#8221;default&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; column_position=&#8221;default&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;1\/1&#8243; tablet_width_inherit=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; animation_type=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][vc_column_text css=&#8221;.vc_custom_1680603822640{margin-right: 16px !important;margin-left: 16px !important;border-right-width: 10px !important;border-left-width: 10px !important;}&#8221;]<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/top-4-stocks-to-watch-out-for-the-next-3-months\/#1_ABB_INDIA\" title=\"1. ABB INDIA\">1. ABB INDIA<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/top-4-stocks-to-watch-out-for-the-next-3-months\/#2_FEDERAL_BANK\" title=\"2. FEDERAL BANK\">2. FEDERAL BANK<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/top-4-stocks-to-watch-out-for-the-next-3-months\/#3_Larsen_and_Toubro\" title=\"3.\u00a0 Larsen and Toubro\">3.\u00a0 Larsen and Toubro<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/top-4-stocks-to-watch-out-for-the-next-3-months\/#4_Apollo_Tyres\" title=\"4. Apollo Tyres\">4. Apollo Tyres<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"vc_row_type%E2%80%9Din_container%E2%80%9D_full_screen_row_position%E2%80%9Dmiddle%E2%80%9D_column_margin%E2%80%9Ddefault%E2%80%9D_column_direction%E2%80%9Ddefault%E2%80%9D_column_direction_tablet%E2%80%9Ddefault%E2%80%9D_column_direction_phone%E2%80%9Ddefault%E2%80%9D_scene_position%E2%80%9Dcenter%E2%80%9D_text_color%E2%80%9Ddark%E2%80%9D_text_align%E2%80%9Dleft%E2%80%9D_row_border_radius%E2%80%9Dnone%E2%80%9D_row_border_radius_applies%E2%80%9Dbg%E2%80%9D_overflow%E2%80%9Dvisible%E2%80%9D_overlay_strength%E2%80%9D03%E2%80%B3_gradient_direction%E2%80%9Dleft_to_right%E2%80%9D_shape_divider_position%E2%80%9Dbottom%E2%80%9D_bg_image_animation%E2%80%9Dnone%E2%80%9Dvc_column_column_padding%E2%80%9Dno-extra-padding%E2%80%9D_column_padding_tablet%E2%80%9Dinherit%E2%80%9D_column_padding_phone%E2%80%9Dinherit%E2%80%9D_column_padding_position%E2%80%9Dall%E2%80%9D_column_element_spacing%E2%80%9Ddefault%E2%80%9D_background_color_opacity%E2%80%9D1%E2%80%B3_background_hover_color_opacity%E2%80%9D1%E2%80%B3_column_shadow%E2%80%9Dnone%E2%80%9D_column_border_radius%E2%80%9Dnone%E2%80%9D_column_link_target%E2%80%9D_self%E2%80%9D_column_position%E2%80%9Ddefault%E2%80%9D_gradient_direction%E2%80%9Dleft_to_right%E2%80%9D_overlay_strength%E2%80%9D03%E2%80%B3_width%E2%80%9D11%E2%80%B3_tablet_width_inherit%E2%80%9Ddefault%E2%80%9D_tablet_text_alignment%E2%80%9Ddefault%E2%80%9D_phone_text_alignment%E2%80%9Ddefault%E2%80%9D_animation_type%E2%80%9Ddefault%E2%80%9D_bg_image_animation%E2%80%9Dnone%E2%80%9D_border_type%E2%80%9Dsimple%E2%80%9D_column_border_width%E2%80%9Dnone%E2%80%9D_column_border_style%E2%80%9Dsolid%E2%80%9Dvc_column_text_css%E2%80%9Dvc_custom_1680603822640margin-right_16px_importantmargin-left_16px_importantborder-right-width_10px_importantborder-left-width_10px_important%E2%80%9D\"><\/span>[vc_row type=&#8221;in_container&#8221; full_screen_row_position=&#8221;middle&#8221; column_margin=&#8221;default&#8221; column_direction=&#8221;default&#8221; column_direction_tablet=&#8221;default&#8221; column_direction_phone=&#8221;default&#8221; scene_position=&#8221;center&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; row_border_radius=&#8221;none&#8221; row_border_radius_applies=&#8221;bg&#8221; overflow=&#8221;visible&#8221; overlay_strength=&#8221;0.3&#8243; gradient_direction=&#8221;left_to_right&#8221; shape_divider_position=&#8221;bottom&#8221; bg_image_animation=&#8221;none&#8221;][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_spacing=&#8221;default&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; column_position=&#8221;default&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;1\/1&#8243; tablet_width_inherit=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; animation_type=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][vc_column_text css=&#8221;.vc_custom_1680603822640{margin-right: 16px !important;margin-left: 16px !important;border-right-width: 10px !important;border-left-width: 10px !important;}&#8221;]<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"1_ABB_INDIA\"><\/span><span style=\"font-weight: 400;\">1. <\/span><b>ABB INDIA<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">ABB is a leading global technology company that energises the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation, and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">ABB has given 53% returns in the last 1 year and is still trading at a PE of 72 which is in line with the sector PE.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Return on Equity is 14%.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">This company has shown consistent growth in sales over the past 4 quarters.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EPS growth is consistently increasing in the last 4 quarters.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">FIIs have recently increased their holding in this stock.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The stock is trading near its saucer with handle pattern breakout which is at <\/span><span style=\"font-weight: 400;\">\u20b9<\/span><span style=\"font-weight: 400;\">3434.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-13500\" src=\"https:\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/04\/ABB-india.jpg\" alt=\"abb india\" width=\"1495\" height=\"786\" srcset=\"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/ABB-india.jpg 1495w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/ABB-india-300x158.jpg 300w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/ABB-india-1024x538.jpg 1024w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/ABB-india-768x404.jpg 768w\" sizes=\"(max-width: 1495px) 100vw, 1495px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"2_FEDERAL_BANK\"><\/span><span style=\"font-weight: 400;\">2. <\/span><b>FEDERAL BANK<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Federal Bank Limited is an Indian private sector bank headquartered in Aluva, Kochi, Kerala. The bank has 1,336 branches spread across different states in India. It also has representative offices abroad in Abu Dhabi, Qatar, Kuwait, Oman, and Dubai.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Federal Bank India has given 36% returns in the last 1 month.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Return on Equity is 11%.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EPS of this company in the past 5 quarters is consistently increasing.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Net profit and sales are consistently increasing from the last 5 quarters.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The stock is trading near the trendline breakout of <\/span><span style=\"font-weight: 400;\">\u20b9<\/span><span style=\"font-weight: 400;\">136.55<\/span><span style=\"font-weight: 400;\">.<\/span><\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-13501\" src=\"https:\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/04\/Federal-Bank.jpg\" alt=\"federal bank\" width=\"1495\" height=\"786\" srcset=\"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/Federal-Bank.jpg 1495w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/Federal-Bank-300x158.jpg 300w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/Federal-Bank-1024x538.jpg 1024w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/Federal-Bank-768x404.jpg 768w\" sizes=\"(max-width: 1495px) 100vw, 1495px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"3_Larsen_and_Toubro\"><\/span><span style=\"font-weight: 400;\">3.\u00a0 <\/span><b>Larsen and Toubro<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Larsen &amp; Toubro Ltd, commonly known as L&amp;T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai. The company is counted among the world&#8217;s top five construction companies.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Larsen and Toubro has given 19% returns in the last 6 months and is trading at a PE of 30.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Return on Equity is 14%.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Net profit is consistently increasing from the last 5 quarters.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sales in the last 6 quarters has shown consistent growth (QoQ)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Recently FIIs have increased their holding in this stock.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Currently stock is trading near its trendline breakout which is at the level of <\/span><span style=\"font-weight: 400;\">\u20b9<\/span><span style=\"font-weight: 400;\">2212.<\/span><\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-13503\" src=\"https:\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/04\/LT.jpg\" alt=\"L&amp;T\" width=\"1489\" height=\"785\" srcset=\"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/LT.jpg 1489w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/LT-300x158.jpg 300w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/LT-1024x540.jpg 1024w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/LT-768x405.jpg 768w\" sizes=\"(max-width: 1489px) 100vw, 1489px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"4_Apollo_Tyres\"><\/span><span style=\"font-weight: 400;\">4. <\/span><b>Apollo Tyres<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Apollo Tyres Limited is an <\/span><span style=\"font-weight: 400;\">Indian multinational<\/span><span style=\"font-weight: 400;\"> tyre manufacturing company. The company now has five manufacturing units in India, one in the Netherlands and one in Hungary. It has a network of nearly 5,000 dealerships in India, of which over 2,500 are exclusive outlets.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It has given 62% returns in the last 1 year and is trading at a PE of 26.8.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Return on Equity is 6%<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Net profits are consistently increasing from the last 4 quarters.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sales in the last 6 quarters has shown consistent growth (QoQ)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">FIIs have increased their holding in this stock.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Apollo tyres took support from its previous resistance line of <\/span><span style=\"font-weight: 400;\">\u20b9<\/span><span style=\"font-weight: 400;\">304 and broke the downsloping trendline.<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13502\" src=\"https:\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/04\/apollo-tyres.jpg\" alt=\"\" width=\"1498\" height=\"785\" srcset=\"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/apollo-tyres.jpg 1498w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/apollo-tyres-300x157.jpg 300w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/apollo-tyres-1024x537.jpg 1024w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/apollo-tyres-768x402.jpg 768w\" sizes=\"(max-width: 1498px) 100vw, 1498px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><strong>About the Author<\/strong><\/p>\n<p><strong>Sagar Wadhwa<\/strong><\/p>\n<p>Sagar Wadhwa is a Senior Equity Research Analyst who is a key member of the research team at Univest. He has extensive knowledge and expertise in the stock market, financial analysis, and investing and uses this expertise to provide valuable insights to the research team.<\/p>\n<p>Note \u2013\u00a0<i>This channel is for educational and training purposes only &amp; any stock mentioned here should not be taken as a tip\/recommendation\/advice<\/i><\/p>\n<p><em>You may also like:<a href=\"https:\/\/univest.in\/blogs\/weekly-update-8\/\"> Weekly Update<\/a><\/em><\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row type=&#8221;in_container&#8221; full_screen_row_position=&#8221;middle&#8221; column_margin=&#8221;default&#8221; column_direction=&#8221;default&#8221; column_direction_tablet=&#8221;default&#8221; column_direction_phone=&#8221;default&#8221; scene_position=&#8221;center&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; row_border_radius=&#8221;none&#8221; row_border_radius_applies=&#8221;bg&#8221; overflow=&#8221;visible&#8221; overlay_strength=&#8221;0.3&#8243; gradient_direction=&#8221;left_to_right&#8221; shape_divider_position=&#8221;bottom&#8221; bg_image_animation=&#8221;none&#8221;][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_spacing=&#8221;default&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; column_position=&#8221;default&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;1\/1&#8243; tablet_width_inherit=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; animation_type=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][vc_column_text css=&#8221;.vc_custom_1680603822640{margin-right: 16px !important;margin-left: 16px !important;border-right-width: 10px !important;border-left-width: 10px !important;}&#8221;] 1. ABB INDIA ABB is a 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