{"id":13656,"date":"2023-05-01T17:16:10","date_gmt":"2023-05-01T11:46:10","guid":{"rendered":"https:\/\/univest.in\/blogs\/?p=13656"},"modified":"2023-05-01T17:17:56","modified_gmt":"2023-05-01T11:47:56","slug":"top-4-stocks-to-watch-for-the-next-1-3-months","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/top-4-stocks-to-watch-for-the-next-1-3-months\/","title":{"rendered":"Top 4 Stocks to Watch for the Next 1-3 Months"},"content":{"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_1682941594789{margin-right: 16px !important;margin-left: 16px !important;border-right-width: 10px !important;border-left-width: 10px !important;}&#8221;]<\/p>\n<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-for-the-next-1-3-months\/#1_Bajaj_Auto\" title=\"1. Bajaj Auto\">1. Bajaj Auto<\/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-for-the-next-1-3-months\/#2_Tanla_Platforms\" title=\"2. Tanla Platforms\">2. Tanla Platforms<\/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-for-the-next-1-3-months\/#3_Poonawalla_Fincorp\" title=\"3. Poonawalla Fincorp\">3. Poonawalla Fincorp<\/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-for-the-next-1-3-months\/#4_J_K_Bank\" title=\"4. J &amp; K Bank\">4. J &amp; K Bank<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/top-4-stocks-to-watch-for-the-next-1-3-months\/#About_the_Author\" title=\"About the Author\">About the Author<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"color: #252525;\"><span class=\"ez-toc-section\" id=\"1_Bajaj_Auto\"><\/span><span style=\"font-weight: 400; color: #252525;\">1. <\/span><strong style=\"color: #252525;\">Bajaj Auto<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul style=\"color: #252525;\">\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">Bajaj Auto Limited is an Indian multinational automotive manufacturing company based in <\/span><span style=\"font-weight: 400; color: #252525;\">Pune<\/span><span style=\"font-weight: 400; color: #252525;\">. It manufactures <\/span><span style=\"font-weight: 400; color: #252525;\">motorcycles<\/span><span style=\"font-weight: 400; color: #252525;\">, <\/span><span style=\"font-weight: 400; color: #252525;\">scooters,<\/span><span style=\"font-weight: 400; color: #252525;\"> and autorickshaws. <\/span><span style=\"font-weight: 400; color: #252525;\">Bajaj Auto is the world&#8217;s third-largest manufacturer of motorcycles and the second-largest in India. It is the world&#8217;s l<\/span><span style=\"font-weight: 400; color: #252525;\">argest three-wheeler manufacturer.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">Bajaj Auto has given 23% returns in the last year and is still trading at a PE of 20.68, and the sector PE is 31.59.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">The return on equity is 21.6%.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">EPS growth has been consistently increasing in the last four quarters.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">FIIs have recently increased their holdings in this stock from 10.49% to 12.35%.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">Bajaj Auto has surpassed its previous resistance level of 4361.4 with significant trading volume.<\/span><\/li>\n<\/ul>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-13657\" src=\"https:\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-160325.png\" alt=\"bajaj auto\" width=\"1526\" height=\"748\" srcset=\"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-160325.png 1526w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-160325-300x147.png 300w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-160325-1024x502.png 1024w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-160325-768x376.png 768w\" sizes=\"(max-width: 1526px) 100vw, 1526px\" \/><\/p>\n<h2 style=\"color: #252525;\"><span class=\"ez-toc-section\" id=\"2_Tanla_Platforms\"><\/span><span style=\"font-weight: 400; color: #252525;\">2. <\/span><strong style=\"color: #252525;\">Tanla Platforms<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul style=\"color: #252525;\">\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">Tanla Platforms Limited, previously known as Tanla Solutions Ltd., is a cloud communications company. The company provides <\/span><span style=\"font-weight: 400; color: #252525;\">value-added services<\/span><span style=\"font-weight: 400; color: #252525;\"> in the cloud communications space. The company is India&#8217;s largest communications platform as a service company.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">It is trading at a PE of 20.21, and the sector PE is 23.52.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">The return on equity is 48.23%.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">Net profit and sales have consistently increased over the last four quarters.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">The stock is trading near the trendline breakout of <\/span><span style=\"font-weight: 400; color: #252525;\">\u20b9<\/span><span style=\"font-weight: 400; color: #252525;\">706.45<\/span><span style=\"font-weight: 400; color: #252525;\">.<\/span><\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-13658\" src=\"https:\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-154742.png\" alt=\"tanla\" width=\"1528\" height=\"752\" srcset=\"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-154742.png 1528w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-154742-300x148.png 300w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-154742-1024x504.png 1024w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-154742-768x378.png 768w\" sizes=\"(max-width: 1528px) 100vw, 1528px\" \/><\/p>\n<h2 style=\"color: #252525;\"><span class=\"ez-toc-section\" id=\"3_Poonawalla_Fincorp\"><\/span><span style=\"font-weight: 400; color: #252525;\">3. <\/span><strong style=\"color: #252525;\">Poonawalla Fincorp<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul style=\"color: #252525;\">\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">Poonawalla Fincorp Limited, formerly known as Magma Fincorp Limited, is a Cyrus Poonawalla Group Non-Banking Finance Company (NBFC) that focuses on consumer and MSME financing. Poonawalla Fincorp offers a diversified product suite to address the growing financing needs of customers and enterprises.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">The return on equity is 9.1%.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">Net profit has been consistently increasing for the last four quarters.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">Sales in the last six quarters have shown consistent growth (QoQ).<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">Recently, FIIs have increased their holdings in this stock from 6.58% to 7.13%.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">The stock has broken above its trendline on the weekly timeframe<\/span><span style=\"font-weight: 400; color: #252525;\"> with volumes.<\/span><\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-13659\" src=\"https:\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-145451.png\" alt=\"poonawaala\" width=\"1529\" height=\"750\" srcset=\"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-145451.png 1529w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-145451-300x147.png 300w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-145451-1024x502.png 1024w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-145451-768x377.png 768w\" sizes=\"(max-width: 1529px) 100vw, 1529px\" \/><\/p>\n<h2 style=\"color: #252525;\"><span class=\"ez-toc-section\" id=\"4_J_K_Bank\"><\/span><span style=\"font-weight: 400; color: #252525;\">4. <\/span><strong style=\"color: #252525;\">J &amp; K Bank<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul style=\"color: #252525;\">\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">J&amp;K Bank is a Scheduled Commercial Bank and one of the oldest private sector banks in India, incorporated in 1938. The bank functions as a leading bank in the Union Territories of Jammu &amp; Kashmir and Ladakh and is designated by the Reserve Bank of India as its exclusive agent for carrying out banking business for the Government of Jammu &amp; Kashmir and Ladakh.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">It has given 90% returns in the last year and is trading at a PE of 7.26.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">The return on equity is 8%.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">Net profits have consistently increased over the last four quarters.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">Sales in the last six quarters have shown consistent growth (QoQ).<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">FIIs and mutual funds have increased their holdings in this stock from 0.71% to 2.24% and 0.21% to 0.92%, respectively.<\/span><\/li>\n<li style=\"font-weight: 400; color: #252525;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #252525;\">On a weekly timeframe, J&amp;K broke out at 46 Rs and has now retraced to the same level before starting to move upwards again.<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13661\" src=\"https:\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-140552-1.png\" alt=\"J&amp;K\" width=\"1530\" height=\"793\" srcset=\"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-140552-1.png 1530w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-140552-1-300x155.png 300w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-140552-1-1024x531.png 1024w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-01-140552-1-768x398.png 768w\" sizes=\"(max-width: 1530px) 100vw, 1530px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"About_the_Author\"><\/span><strong>About the Author<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Sagar Wadhwa<\/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 This channel is for educational and training purposes only &amp; any stock mentioned here should not be taken as a tip\/recommendation\/advice<\/p>\n<p><em>You may also like:<a href=\"https:\/\/univest.in\/blogs\/results-update-q4fy23-bajaj-finserv-tech-mahindra-axis-bank\/\"> <strong class=\"breadcrumb_last\" aria-current=\"page\">Results Update Q4FY23- Bajaj Finserv, Tech Mahindra &amp; Axis Bank<\/strong><\/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_1682941594789{margin-right: 16px !important;margin-left: 16px !important;border-right-width: 10px !important;border-left-width: 10px !important;}&#8221;] 1. Bajaj Auto Bajaj Auto Limited is<\/p>\n","protected":false},"author":10,"featured_media":26915,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-13656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market"],"metadata":{"_edit_lock":["1682943861:10"],"_edit_last":["10"],"_thumbnail_id":["26915"],"_nectar_gallery_slider":["off"],"_nectar_quote_author":[""],"_nectar_quote":[""],"_nectar_link":[""],"_nectar_video_m4v":[""],"_nectar_video_ogv":[""],"_nectar_video_poster":[""],"_nectar_video_embed":[""],"_nectar_audio_mp3":[""],"_nectar_audio_ogg":[""],"_post_item_masonry_sizing":["regular"],"_nectar_header_bg":[""],"_nectar_header_parallax":["off"],"_nectar_header_bg_height":[""],"_nectar_page_header_bg_alignment":["top"],"_nectar_header_bg_color":[""],"_nectar_header_font_color":[""],"_wpb_vc_js_status":["false"],"_yoast_wpseo_focuskw":["Top 4 Stocks to Watch for the Next 1-3 Months"],"_yoast_wpseo_title":["Top 4 Stocks to Watch for the Next 1-3 Months"],"_yoast_wpseo_metadesc":["1: Bajaj Auto: Bajaj Auto Limited is an Indian multinational automotive manufacturing company based in Pune. 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