{"id":289768,"date":"2026-10-06T13:05:00","date_gmt":"2026-10-06T07:35:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=289768"},"modified":"2026-10-06T13:05:59","modified_gmt":"2026-10-06T07:35:59","slug":"stock-screener","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/stock-screener\/","title":{"rendered":"Stock Screener Guide 2026: How to Shortlist Quality Indian Stocks in Minutes, With a Live Example"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Live screen on 6 Oct 2026: ROE above 20%, debt-to-equity below 0.5, PE below 30. 11 large caps matched. Highest ROE: Hindustan Zinc 61.13%. TCS PE 15.24. Infosys PE 13.64.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">A stock screener filters thousands of listed companies down to a short list using conditions you choose, such as PE ratio, return on equity, debt-to-equity, market capitalisation or RSI. A simple quality screen run on 6 October 2026 with ROE above 20%, debt-to-equity below 0.5 and PE below 30 cut the Indian large-cap universe to just 11 names, including TCS, Infosys and ITC. The shortlist is a starting point for research, not a buy list, because every name still needs a check of results, sector and valuation history.<\/p>\n<\/p><\/div>\n<p>A stock screener does in seconds what used to take an evening with annual reports and a spreadsheet. India has more than 5,000 listed companies across NSE and BSE, and no investor can read all of them. The right set of filters removes 99% of that universe and leaves the handful worth your time.<\/p>\n<p>This guide explains how to use a stock screener step by step, which filters matter for long-term investing and for trading, five ready-made screens you can copy, and the mistakes that turn a good screen into a value trap. It also walks through a live screen run on 6 October 2026, with the actual results.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=stock-screener\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/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\/stock-screener\/#What_Is_a_Stock_Screener_and_How_Does_It_Work\" title=\"What Is a Stock Screener and How Does It Work?\">What Is a Stock Screener and How Does It Work?<\/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\/stock-screener\/#Fundamental_vs_Technical_Filters_in_a_Stock_Screener\" title=\"Fundamental vs Technical Filters in a Stock Screener\">Fundamental vs Technical Filters in a Stock Screener<\/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\/stock-screener\/#How_to_Use_a_Stock_Screener_in_6_Steps\" title=\"How to Use a Stock Screener in 6 Steps\">How to Use a Stock Screener in 6 Steps<\/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\/stock-screener\/#Live_Stock_Screener_Example_A_Quality-at-Fair-Value_Screen_on_6_October_2026\" title=\"Live Stock Screener Example: A Quality-at-Fair-Value Screen on 6 October 2026\">Live Stock Screener Example: A Quality-at-Fair-Value Screen on 6 October 2026<\/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\/stock-screener\/#5_Ready-Made_Stock_Screener_Setups_for_Indian_Investors\" title=\"5 Ready-Made Stock Screener Setups for Indian Investors\">5 Ready-Made Stock Screener Setups for Indian Investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/stock-screener\/#Common_Mistakes_When_Using_a_Free_Stock_Screener\" title=\"Common Mistakes When Using a Free Stock Screener\">Common Mistakes When Using a Free Stock Screener<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/stock-screener\/#What_to_Look_for_in_the_Best_Stock_Screener_in_India\" title=\"What to Look for in the Best Stock Screener in India\">What to Look for in the Best Stock Screener in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/stock-screener\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/stock-screener\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/stock-screener\/#What_is_a_stock_screener\" title=\"What is a stock screener?\">What is a stock screener?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/stock-screener\/#Which_is_the_best_stock_screener_in_India\" title=\"Which is the best stock screener in India?\">Which is the best stock screener in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/stock-screener\/#Is_there_a_free_stock_screener_for_Indian_stocks\" title=\"Is there a free stock screener for Indian stocks?\">Is there a free stock screener for Indian stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/stock-screener\/#How_do_you_use_a_stock_screener_for_long-term_investing\" title=\"How do you use a stock screener for long-term investing?\">How do you use a stock screener for long-term investing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/stock-screener\/#Can_a_stock_screener_find_swing_trading_stocks\" title=\"Can a stock screener find swing trading stocks?\">Can a stock screener find swing trading stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/stock-screener\/#Why_can_a_low_PE_stock_be_a_bad_investment\" title=\"Why can a low PE stock be a bad investment?\">Why can a low PE stock be a bad investment?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/stock-screener\/#Do_stock_screener_filters_work_for_banks\" title=\"Do stock screener filters work for banks?\">Do stock screener filters work for banks?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_a_Stock_Screener_and_How_Does_It_Work\"><\/span><strong>What Is a Stock Screener and How Does It Work?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A stock screener is a search tool that applies conditions to a database of listed stocks and returns only the companies that meet all of them. You might ask for large caps with return on equity above 20%, or midcaps trading above their 50-day moving average, and the tool checks every company against each rule in a fraction of a second.<\/p>\n<p>Behind the scenes, the screener pulls price data from the exchanges and financial data from company filings, then calculates ratios such as PE, ROE and debt-to-equity. Price-based numbers refresh through the trading day, while fundamental numbers change when a company reports quarterly results. That difference matters, because a ratio based on stale results can mislead you for weeks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Fundamental_vs_Technical_Filters_in_a_Stock_Screener\"><\/span><strong>Fundamental vs Technical Filters in a Stock Screener<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every filter answers one question. Fundamental filters ask whether the business is good and fairly priced, while technical filters ask whether the price trend supports buying now. The table lists the filters most Indian investors use and common starting thresholds.<\/p>\n<table>\n<thead>\n<tr>\n<th>Filter<\/th>\n<th>Type<\/th>\n<th>What It Tells You<\/th>\n<th>Common Starting Threshold<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>PE ratio<\/td>\n<td>Fundamental<\/td>\n<td>Price paid for each rupee of earnings<\/td>\n<td>Below industry PE<\/td>\n<\/tr>\n<tr>\n<td>Return on equity (ROE)<\/td>\n<td>Fundamental<\/td>\n<td>Profit generated on shareholder capital<\/td>\n<td>Above 15% to 20%<\/td>\n<\/tr>\n<tr>\n<td>Debt-to-equity<\/td>\n<td>Fundamental<\/td>\n<td>How much the company borrows<\/td>\n<td>Below 0.5 (not for banks)<\/td>\n<\/tr>\n<tr>\n<td>Sales and profit growth<\/td>\n<td>Fundamental<\/td>\n<td>Whether the business is expanding<\/td>\n<td>Above 10% a year over 3 years<\/td>\n<\/tr>\n<tr>\n<td>Market capitalisation<\/td>\n<td>Both<\/td>\n<td>Company size and liquidity<\/td>\n<td>Large, mid or small cap band<\/td>\n<\/tr>\n<tr>\n<td>50-day moving average<\/td>\n<td>Technical<\/td>\n<td>Intermediate price trend<\/td>\n<td>Price above the average<\/td>\n<\/tr>\n<tr>\n<td>RSI (14)<\/td>\n<td>Technical<\/td>\n<td>Momentum and overbought or oversold levels<\/td>\n<td>Between 50 and 70 for uptrends<\/td>\n<\/tr>\n<tr>\n<td>Volume<\/td>\n<td>Technical<\/td>\n<td>Strength of participation<\/td>\n<td>Above the weekly average<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Long-term investors doing fundamental analysis lean on the fundamental rows, while traders build screens from the technical rows. The strongest shortlists often use one or two filters from each group.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Use_a_Stock_Screener_in_6_Steps\"><\/span><strong>How to Use a Stock Screener in 6 Steps<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The process below works on any free stock screener and keeps you from drowning in either too many or too few results.<\/p>\n<ol>\n<li>Decide the goal first: long-term investing, dividend income or short-term trading.<\/li>\n<li>Set a market capitalisation band to control liquidity and risk.<\/li>\n<li>Add two quality filters, such as ROE above 20% and debt-to-equity below 0.5.<\/li>\n<li>Add one valuation filter, such as PE below 30 or below the industry average.<\/li>\n<li>Sort the results and cut the list to 10 to 15 names you can study properly.<\/li>\n<li>Read the latest results, shareholding pattern and sector outlook for each shortlisted stock.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Live_Stock_Screener_Example_A_Quality-at-Fair-Value_Screen_on_6_October_2026\"><\/span><strong>Live Stock Screener Example: A Quality-at-Fair-Value Screen on 6 October 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This screen used three conditions on large-cap stocks: return on equity above 20%, debt-to-equity below 0.5 and a PE ratio below 30. Out of the full large-cap universe, 11 companies matched. Seven of them are shown below, sorted by ROE.<\/p>\n<table>\n<thead>\n<tr>\n<th>Company<\/th>\n<th>PE Ratio<\/th>\n<th>ROE<\/th>\n<th>Debt-to-Equity<\/th>\n<th>Market Cap (Rs Cr)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/hindzinc\/hindustan-zinc-ltd-share-price-today\">Hindustan Zinc<\/a><\/td>\n<td>13.90<\/td>\n<td>61.13%<\/td>\n<td>0.39<\/td>\n<td>2,37,294<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/tcs\/tata-consultancy-services-ltd-share-price-today\">Tata Consultancy Services<\/a><\/td>\n<td>15.24<\/td>\n<td>45.89%<\/td>\n<td>0.11<\/td>\n<td>7,62,819<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/infy\/infosys-ltd-share-price-today\">Infosys<\/a><\/td>\n<td>13.64<\/td>\n<td>33.24%<\/td>\n<td>0.10<\/td>\n<td>4,13,741<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/itc\/itc-ltd-share-price-today\">ITC<\/a><\/td>\n<td>16.67<\/td>\n<td>28.53%<\/td>\n<td>0.03<\/td>\n<td>3,36,507<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/heromotoco\/hero-motocorp-ltd-share-price-today\">Hero MotoCorp<\/a><\/td>\n<td>18.53<\/td>\n<td>26.57%<\/td>\n<td>0.04<\/td>\n<td>1,01,672<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/coalindia\/coal-india-ltd-share-price-today\">Coal India<\/a><\/td>\n<td>8.40<\/td>\n<td>26.11%<\/td>\n<td>0.12<\/td>\n<td>2,61,916<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/hcltech\/hcl-technologies-ltd-share-price-today\">HCL Technologies<\/a><\/td>\n<td>18.68<\/td>\n<td>22.14%<\/td>\n<td>0.07<\/td>\n<td>3,25,640<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: NSE and company filings, data as of 6 October 2026. The full result also included HUL, LIC and LTM. LIC was set aside in this table because insurers need different metrics, as explained in the mistakes section below.<\/p>\n<p>Three patterns stand out. Three of the seven names are IT services companies, and Tata Consultancy Services at a PE of 15.24 and Infosys at 13.64 show how far the sector&#8217;s valuations have cooled, a trend you can track through the <a href=\"https:\/\/univest.in\/indices\/niftyit\/nifty-it-share-price-today\">Nifty IT<\/a> index. Hindustan Zinc posts the highest ROE at 61.13%, but metal earnings move with commodity prices, so a high ROE in a strong year may not repeat. Coal India has the lowest PE in the table at 8.40, which looks attractive until you account for its cyclical earnings and the long-term pressure on coal.<\/p>\n<p>Coal India also shows why one screen is never enough. On the same day it passed this fundamental screen, it failed the trend filter used for our list of <a href=\"https:\/\/univest.in\/blogs\/swing-trading-stocks\">swing trading stocks to watch in October 2026<\/a>, because it traded below its 20-day and 50-day averages. A good business and a good entry point are two different questions.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Try this quality screen on the free Univest Screener<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"5_Ready-Made_Stock_Screener_Setups_for_Indian_Investors\"><\/span><strong>5 Ready-Made Stock Screener Setups for Indian Investors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>These five templates cover the most common goals. Use them as starting points and tighten the numbers to match your own risk appetite.<\/p>\n<ul>\n<li><strong>Quality compounders:<\/strong> ROE above 20%, debt-to-equity below 0.3, profit growth above 15% a year over 3 years.<\/li>\n<li><strong>Value with safety:<\/strong> PE below industry PE, price-to-book below 3, debt-to-equity below 0.5, positive operating cash flow.<\/li>\n<li><strong>Dividend income:<\/strong> dividend yield above 3%, payout ratio below 70%, five years of consistent dividends.<\/li>\n<li><strong>Momentum for swing trades:<\/strong> price above the 50-day moving average, positive MACD, RSI between 50 and 70, volume above the weekly average.<\/li>\n<li><strong>Large-cap stability:<\/strong> market capitalisation above Rs 1,00,000 crore, ROE above 15%, member of the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a>.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Common_Mistakes_When_Using_a_Free_Stock_Screener\"><\/span><strong>Common Mistakes When Using a Free Stock Screener<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Most screening errors come from trusting a single number. Watch for these five.<\/p>\n<ul>\n<li><strong>Falling for a value trap:<\/strong> A very low PE often means the market expects earnings to drop. Check the earnings trend before calling a stock a bargain.<\/li>\n<li><strong>Using the wrong ratios for financials:<\/strong> Debt-to-equity means little for banks, NBFCs and insurers. Screen lenders on ROA, NIM and gross NPA instead.<\/li>\n<li><strong>Ignoring data freshness:<\/strong> Fundamental ratios update only after quarterly results. During results season, a ratio may still reflect the previous quarter.<\/li>\n<li><strong>Over-filtering:<\/strong> Ten strict filters can return zero stocks. Start with three or four and add more only if the list is too long.<\/li>\n<li><strong>Treating the list as a buy list:<\/strong> A screener ranks numbers. It cannot judge management quality, governance or the next regulatory change.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Look_for_in_the_Best_Stock_Screener_in_India\"><\/span><strong>What to Look for in the Best Stock Screener in India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The best stock screener India investors can rely on combines wide coverage, frequently updated data and both kinds of filters in one place. Check for these features before you commit to a tool.<\/p>\n<ul>\n<li><strong>Coverage:<\/strong> both NSE and BSE stocks, including small and micro caps.<\/li>\n<li><strong>Filter depth:<\/strong> fundamental, technical and shareholding filters that can be combined.<\/li>\n<li><strong>Saved screens and alerts:<\/strong> so you can rerun a screen weekly without rebuilding it.<\/li>\n<li><strong>Clean stock pages:<\/strong> one click from a result to price history, financials and peers.<\/li>\n<\/ul>\n<p>The Univest screener covers more than 5,000 NSE and BSE stocks with over 100 fundamental and technical filters and is free for registered users. Its research layer adds calls from a <a href=\"https:\/\/univest.in\/blogs\/sebi-registered-stock-advisory\">SEBI registered stock advisory<\/a>, so a screen result can be compared against an analyst&#8217;s entry, stop-loss and target before you decide.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to screen 5,000+ Indian stocks and save your favourite filters on the go.<\/em><\/p>\n<p><strong>Also Read:<\/strong> <a href=\"https:\/\/univest.in\/blogs\/best-stock-recommendation-app-in-india\">Best Stock Recommendation App in India: What to Look For<\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A stock screener turns more than 5,000 listed Indian companies into a list short enough to study. The 6 October 2026 quality screen narrowed large caps to 11 names, led by Hindustan Zinc on ROE and Tata Consultancy Services on size. Use two quality filters, one valuation filter and one trend filter, research every result before investing, and consult a SEBI registered advisor for decisions suited to your own goals.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_a_stock_screener\"><\/span><strong>What is a stock screener?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> A stock screener is a tool that filters the listed universe of stocks by conditions you set, such as PE ratio, return on equity, debt-to-equity, market capitalisation or RSI. It turns thousands of companies into a short list that you can research in detail, saving hours of manual checking.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_is_the_best_stock_screener_in_India\"><\/span><strong>Which is the best stock screener in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The best stock screener in India is one that covers both NSE and BSE, updates data daily, offers fundamental and technical filters together, and lets you save screens. The Univest screener covers more than 5,000 Indian stocks with over 100 filters and is free for registered users.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_there_a_free_stock_screener_for_Indian_stocks\"><\/span><strong>Is there a free stock screener for Indian stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes. Several platforms offer a free stock screener for Indian stocks, including the Univest screener, which is free for registered users. Free versions usually cover standard filters such as PE, ROE, debt and market cap, while some advanced or custom formula filters may sit behind a paid plan.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_you_use_a_stock_screener_for_long-term_investing\"><\/span><strong>How do you use a stock screener for long-term investing?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Start with a market capitalisation filter, then add quality filters such as ROE above 15 to 20 percent and debt-to-equity below 0.5, and a valuation filter such as PE below the industry average. Read the annual report and recent results of every shortlisted company before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_a_stock_screener_find_swing_trading_stocks\"><\/span><strong>Can a stock screener find swing trading stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes. Use technical filters such as price above the 50-day moving average, positive MACD, RSI between 50 and 70 and volume above the weekly average. These conditions shortlist stocks in a short-term uptrend, but each chart still needs a defined stop-loss before any trade.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_can_a_low_PE_stock_be_a_bad_investment\"><\/span><strong>Why can a low PE stock be a bad investment?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> A low PE can signal a value trap, where earnings are about to fall, the business is cyclical or the company faces governance or regulatory issues. Compare PE with the stock&#8217;s own history and its industry, and check whether profits are growing before treating a low PE as a bargain.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_stock_screener_filters_work_for_banks\"><\/span><strong>Do stock screener filters work for banks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Standard filters need adjustment for banks and NBFCs. Debt-to-equity is not meaningful for lenders because borrowing is their raw material, so screen banks on return on assets, net interest margin, gross NPA and capital adequacy instead.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is a stock screener?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"A stock screener is a tool that filters the listed universe of stocks by conditions you set, such as PE ratio, return on equity, debt-to-equity, market capitalisation or RSI. 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Debt-to-equity is not meaningful for lenders because borrowing is their raw material, so screen banks on return on assets, net interest margin, gross NPA and capital adequacy instead.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>One screen, three filters, 11 stocks. 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