Affordable Stocks with High ROE and Momentum

Stocks that have provided significant return on equity, along with good momentum. A monthly alert is recommended for this screener. 

Last Updated: 24 Jun 2026, 09:15 p.m. (IST)

Backtest for Nifty500, Run Quarterly

Backtest Query
Trendlyne Valuation Score >= 40 AND Trendlyne Momentum Score >= 60 AND ROE Annual % > 15
Sortby
-
Max Weightage per stock
- %
Start Date
Jan. 31, 2013
End Date
March 31, 2018
Period
5 years, 1 month
Group
NIFTY500
Frequency
quarterly
Average Stock Return
45.93 %
Median Stock Return
10.48 %
Active on Backtest End Date
4
Total Stocks Entries
164
Total Winners
103
Max Winner
Total Stocks Exits
160
Total Losers
61
Max Loser
Stock Entry Date Entry Price Exit Date Close Price Returns delivered (%)
Corporation Bank [Me.. Mar 28, 2013 76.53 Jun 28, 2013 69.98 -8.56
Dewan Housing Financ.. Mar 28, 2013 81.32 Jun 28, 2013 80.05 -1.56
Dewan Housing Financ.. Jun 30, 2017 438.00 Dec 29, 2017 582.85 33.07
Jammu & Kashmir Bank.. Mar 28, 2013 119.17 Jun 28, 2013 122.62 2.90
Jammu & Kashmir Bank.. Sep 30, 2013 115.92 Sep 30, 2014 141.25 21.85
Caplin Point Laborat.. Mar 28, 2013 12.38 Jun 28, 2013 9.40 -24.07
Balmer Lawrie & Comp.. Jun 28, 2013 63.09 Sep 30, 2013 50.68 -19.67
Balmer Lawrie & Comp.. Dec 31, 2013 53.48 Jun 30, 2014 91.99 72.01
Balmer Lawrie & Comp.. Sep 30, 2015 92.92 Jun 30, 2017 145.57 56.66
Bharat Petroleum Cor.. Jun 28, 2013 61.16 Dec 31, 2014 71.78 17.36
Bharat Petroleum Cor.. Mar 31, 2015 90.09 Dec 31, 2015 99.56 10.51
Bharat Petroleum Cor.. Jun 30, 2016 121.33 Jun 30, 2017 213.13 75.66
Bharat Petroleum Cor.. Dec 29, 2017 258.85 Mar 28, 2018 213.83 -17.39
Heritage Foods Ltd. Jun 28, 2013 108.39 Sep 30, 2013 101.15 -6.68
Heritage Foods Ltd. Jun 30, 2016 260.88 Sep 30, 2016 429.22 64.53
Marksans Pharma Ltd. Jun 28, 2013 7.25 Dec 31, 2013 18.45 154.48
PI Industries Ltd. Jun 28, 2013 128.90 Sep 30, 2013 150.10 16.45
Greenply Industries .. Jun 28, 2013 84.52 Sep 30, 2013 73.83 -12.65
Greenply Industries .. Dec 31, 2013 75.28 Jun 30, 2014 139.86 85.79
Indo Count Industrie.. Jun 28, 2013 2.84 Mar 31, 2015 75.44 2556.34
Ceat Ltd. Sep 30, 2013 129.00 Dec 31, 2014 861.00 567.44
Ceat Ltd. Sep 30, 2015 1277.40 Mar 31, 2016 1072.00 -16.08
Ceat Ltd. Mar 31, 2017 1327.50 Jun 30, 2017 1798.00 35.44
Finolex Cables Ltd. Sep 30, 2013 56.05 Mar 31, 2014 110.70 97.50
Dhani Services Ltd. Sep 30, 2013 10.85 Dec 31, 2013 21.05 94.01
Dhani Services Ltd. Jun 30, 2014 27.45 Sep 30, 2014 23.95 -12.75
UPL Ltd. Sep 30, 2013 91.64 Dec 31, 2013 126.91 38.49
Aarti Industries Ltd. Dec 31, 2013 24.75 Dec 31, 2014 63.04 154.71
Apar Industries Ltd. Dec 31, 2013 156.65 Jun 30, 2014 258.85 65.24
Apar Industries Ltd. Jun 30, 2016 530.80 Sep 30, 2016 543.05 2.31
Apollo Tyres Ltd. Dec 31, 2013 104.80 Mar 31, 2014 159.60 52.29
Apollo Tyres Ltd. Jun 30, 2014 199.10 Dec 31, 2014 223.20 12.10
Apollo Tyres Ltd. Sep 30, 2016 219.95 Dec 30, 2016 184.90 -15.94
Apollo Tyres Ltd. Jun 30, 2017 240.70 Sep 29, 2017 245.75 2.10
Subscription required Dec 29, 2017 Active
(on Mar 28, 2018)
3.26
J Kumar Infraproject.. Dec 31, 2013 95.95 Mar 31, 2014 86.50 -9.85
JK Tyre & Industries.. Dec 31, 2013 34.65 Mar 31, 2015 105.10 203.32
JK Tyre & Industries.. Dec 31, 2015 115.95 Mar 31, 2016 83.65 -27.86
JK Tyre & Industries.. Sep 30, 2016 148.45 Dec 30, 2016 113.45 -23.58
JK Tyre & Industries.. Mar 31, 2017 131.95 Jun 30, 2017 160.85 21.90
Power Finance Corpor.. Dec 31, 2013 66.52 Sep 30, 2014 93.84 41.07
Power Finance Corpor.. Dec 31, 2014 120.56 Mar 31, 2015 109.22 -9.41
Power Finance Corpor.. Sep 30, 2016 96.24 Dec 30, 2016 97.56 1.37
Power Finance Corpor.. Mar 31, 2017 116.72 Jun 30, 2017 98.16 -15.90
Supreme Petrochem Ltd. Dec 31, 2013 32.50 Mar 31, 2014 29.25 -10.00
Welspun Living Ltd. Dec 31, 2013 7.90 Jun 30, 2014 17.51 121.65
Welspun Living Ltd. Jun 30, 2015 64.28 Jun 30, 2016 107.20 66.77
KRBL Ltd. Dec 31, 2013 35.45 Mar 31, 2015 166.45 369.53
Igarashi Motors Indi.. Dec 31, 2013 74.75 Mar 31, 2014 152.17 103.57
Igarashi Motors Indi.. Jun 30, 2014 160.62 Sep 30, 2014 264.29 64.54
Relaxo Footwears Ltd. Dec 31, 2013 56.38 Mar 31, 2014 73.58 30.51
TVS Srichakra Ltd. Dec 31, 2013 267.00 Sep 30, 2014 995.95 273.01
TVS Srichakra Ltd. Jun 30, 2015 2255.00 Sep 30, 2015 2588.00 14.77
TVS Srichakra Ltd. Dec 31, 2015 2881.00 Mar 31, 2016 2329.75 -19.13
Atul Ltd. Mar 31, 2014 437.00 Jun 30, 2014 891.00 103.89
Chambal Fertilisers .. Mar 31, 2014 39.85 Jun 30, 2014 57.80 45.04
Chambal Fertilisers .. Jun 30, 2017 117.50 Sep 29, 2017 141.95 20.81
Subscription required Dec 29, 2017 Active
(on Mar 28, 2018)
6.47
Cox & Kings Ltd. Mar 31, 2014 160.40 Dec 31, 2014 292.65 82.45
IRB Infrastructure D.. Mar 31, 2014 5.18 Jun 30, 2014 11.49 121.81
Indian Bank Mar 31, 2014 115.40 Jun 30, 2014 183.50 59.01
Kaveri Seed Company .. Mar 31, 2014 639.70 Jun 30, 2014 761.60 19.06
Syndicate Bank [Merg.. Mar 31, 2014 95.55 Sep 30, 2014 109.25 14.34
PC Jeweller Ltd. Mar 31, 2014 4.85 Sep 30, 2014 11.73 141.86
Bajaj Finance Ltd. Jun 30, 2014 10.03 Sep 30, 2014 13.61 35.69
Bajaj Finance Ltd. Sep 30, 2016 105.59 Dec 30, 2016 84.22 -20.24
Can Fin Homes Ltd. Jun 30, 2014 80.84 Mar 31, 2015 121.48 50.27
Valor Estate Ltd. Jun 30, 2014 104.90 Sep 30, 2014 67.70 -35.46
Deepak Fertilisers &.. Jun 30, 2014 148.70 Sep 30, 2014 160.00 7.60
Eros International M.. Jun 30, 2014 237.50 Dec 31, 2014 368.50 55.16
Infosys Ltd. Jun 30, 2014 402.63 Mar 31, 2015 554.59 37.74
KPR Mill Ltd. Jun 30, 2014 24.80 Sep 30, 2015 81.26 227.66
MindTree Ltd. Jun 30, 2014 440.25 Sep 30, 2014 589.18 33.83
PTC India Financial .. Jun 30, 2014 32.60 Sep 30, 2014 45.10 38.34
PTC India Financial .. Mar 31, 2017 41.40 Jun 30, 2017 39.55 -4.47
Redington Ltd. Jun 30, 2014 52.12 Sep 30, 2014 46.50 -10.78
Redington Ltd. Dec 31, 2014 68.65 Jun 30, 2015 48.28 -29.67
Redington Ltd. Mar 31, 2017 55.02 Jun 30, 2017 65.48 19.01
Sonata Software Ltd. Jun 30, 2014 31.33 Dec 31, 2014 47.36 51.17
Sonata Software Ltd. Dec 29, 2017 104.42 Mar 28, 2018 116.63 11.69
South Indian Bank Ltd. Jun 30, 2014 26.28 Sep 30, 2014 21.62 -17.73
South Indian Bank Ltd. Dec 31, 2014 23.57 Mar 31, 2015 20.95 -11.12
Suven Life Sciences .. Jun 30, 2014 96.95 Sep 30, 2014 184.85 90.67
Tech Mahindra Ltd. Jun 30, 2014 538.00 Mar 31, 2015 629.70 17.04
Tech Mahindra Ltd. Dec 29, 2017 504.05 Mar 28, 2018 637.10 26.40
Trident Ltd. Jun 30, 2014 2.52 Dec 31, 2014 2.57 1.98
Vardhman Textiles Ltd. Jun 30, 2014 95.41 Sep 30, 2014 88.42 -7.33
Vardhman Textiles Ltd. Jun 30, 2016 187.42 Jun 30, 2017 227.96 21.63
Vardhman Textiles Ltd. Dec 29, 2017 275.77 Mar 28, 2018 244.40 -11.38
YES Bank Ltd. Jun 30, 2014 108.21 Sep 30, 2014 111.77 3.29
Zensar Technologies .. Jun 30, 2014 87.68 Dec 31, 2014 120.88 37.86
Zensar Technologies .. Dec 29, 2017 178.11 Mar 28, 2018 180.40 1.29
Aegis Logistics Ltd. Jun 30, 2014 24.12 Mar 31, 2015 60.62 151.33
Aegis Logistics Ltd. Sep 30, 2015 88.30 Dec 31, 2015 106.05 20.10
Granules India Ltd. Jun 30, 2014 47.99 Sep 30, 2014 87.96 83.29
Kwality Ltd. Jun 30, 2014 54.35 Dec 31, 2014 41.00 -24.56
Kwality Ltd. Sep 30, 2015 76.80 Dec 31, 2015 147.60 92.19
Kwality Ltd. Jun 30, 2017 147.55 Sep 29, 2017 98.50 -33.24
Mahanagar Telephone .. Jun 30, 2014 35.50 Sep 30, 2014 27.10 -23.66
HFCL Ltd. Sep 30, 2014 19.85 Dec 31, 2014 18.10 -8.82
HFCL Ltd. Dec 31, 2015 22.10 Mar 31, 2016 16.90 -23.53
Muthoot Finance Ltd. Sep 30, 2014 206.00 Dec 31, 2014 191.50 -7.04
Sunteck Realty Ltd. Sep 30, 2014 152.52 Dec 31, 2014 139.68 -8.42
Minda Corporation Ltd. Sep 30, 2014 54.00 Jun 30, 2015 87.55 62.13
GAIL (India) Ltd. Dec 31, 2014 83.40 Mar 31, 2015 72.71 -12.82
REC Ltd. Dec 31, 2014 125.68 Mar 31, 2015 124.95 -0.58
REC Ltd. Sep 30, 2016 90.22 Dec 30, 2016 93.64 3.79
REC Ltd. Mar 31, 2017 135.75 Jun 30, 2017 128.96 -5.00
EPL Ltd. Jun 30, 2015 65.02 Mar 31, 2016 80.50 23.81
EPL Ltd. Jun 30, 2016 100.38 Sep 30, 2016 112.98 12.55
Petronet LNG Ltd. Jun 30, 2015 93.50 Sep 30, 2015 89.58 -4.19
Petronet LNG Ltd. Jun 30, 2017 216.02 Dec 29, 2017 254.75 17.93
Rajesh Exports Ltd. Jun 30, 2015 326.55 Mar 31, 2016 621.25 90.25
Rajesh Exports Ltd. Mar 31, 2017 605.95 Mar 28, 2018 737.00 21.63
Hindustan Petroleum .. Jun 30, 2015 110.05 Jun 30, 2017 226.82 106.11
GHCL Ltd. Sep 30, 2015 136.00 Dec 31, 2015 133.10 -2.13
GHCL Ltd. Jun 30, 2016 191.00 Dec 30, 2016 248.80 30.26
Himatsingka Seide Ltd. Sep 30, 2015 208.10 Mar 31, 2016 197.35 -5.17
MRF Ltd. Sep 30, 2015 41651.00 Dec 31, 2015 40598.00 -2.53
MRF Ltd. Sep 30, 2016 51100.05 Dec 30, 2016 48725.00 -4.65
Cholamandalam Financ.. Sep 30, 2015 408.75 Mar 31, 2016 414.80 1.48
Cholamandalam Financ.. Jun 30, 2016 493.05 Dec 30, 2016 584.80 18.61
Cholamandalam Financ.. Mar 31, 2017 627.65 Jun 30, 2017 667.50 6.35
Sudarshan Chemical I.. Sep 30, 2015 103.40 Dec 31, 2015 114.20 10.44
Sudarshan Chemical I.. Jun 30, 2016 198.05 Sep 30, 2016 372.50 88.08
Birlasoft Ltd. Dec 31, 2015 168.70 Jun 30, 2016 157.15 -6.85
Birlasoft Ltd. Dec 29, 2017 180.75 Mar 28, 2018 216.60 19.83
SJVN Ltd. Dec 31, 2015 31.60 Mar 31, 2016 29.00 -8.23
Hindustan Zinc Ltd. Jun 30, 2016 177.25 Sep 30, 2016 233.35 31.65
Hindustan Zinc Ltd. Dec 29, 2017 308.85 Mar 28, 2018 300.40 -2.74
PNC Infratech Ltd. Jun 30, 2016 113.85 Dec 30, 2016 103.55 -9.05
SRF Ltd. Jun 30, 2016 262.30 Sep 30, 2016 355.01 35.35
Sundram Fasteners Ltd. Jun 30, 2016 187.70 Sep 30, 2016 291.75 55.43
Kesoram Industries L.. Jun 30, 2016 131.80 Dec 30, 2016 124.35 -5.65
UNO Minda Ltd. Jun 30, 2016 38.64 Dec 30, 2016 50.27 30.10
UNO Minda Ltd. Mar 31, 2017 74.07 Jun 30, 2017 106.72 44.08
Chennai Petroleum Co.. Sep 30, 2016 289.00 Dec 30, 2016 273.90 -5.22
Chennai Petroleum Co.. Dec 29, 2017 428.90 Mar 28, 2018 325.75 -24.05
Mangalore Refinery A.. Sep 30, 2016 86.60 Mar 31, 2017 105.70 22.06
Mangalore Refinery A.. Dec 29, 2017 128.80 Mar 28, 2018 109.75 -14.79
Tamil Nadu Newsprint.. Sep 30, 2016 327.00 Dec 30, 2016 332.00 1.53
V-Guard Industries L.. Sep 30, 2016 131.22 Dec 30, 2016 115.93 -11.65
Bharat Electronics L.. Mar 31, 2017 47.50 Jun 30, 2017 48.96 3.07
Great Eastern Shippi.. Mar 31, 2017 418.25 Jun 30, 2017 406.50 -2.81
Ashok Leyland Ltd. Jun 30, 2017 46.93 Sep 29, 2017 61.55 31.15
JSW Steel Ltd. Jun 30, 2017 203.40 Sep 29, 2017 248.45 22.15
JSW Steel Ltd. Dec 29, 2017 269.80 Mar 28, 2018 287.40 6.52
Subscription required Jun 30, 2017 Active
(on Mar 28, 2018)
51.31
Power Grid Corporati.. Jun 30, 2017 118.35 Sep 29, 2017 118.86 0.43
APL Apollo Tubes Ltd. Jun 30, 2017 154.91 Sep 29, 2017 169.42 9.37
Manappuram Finance L.. Jun 30, 2017 97.95 Sep 29, 2017 96.65 -1.33
Manappuram Finance L.. Dec 29, 2017 123.40 Mar 28, 2018 108.25 -12.28
DCM Shriram Ltd. Sep 29, 2017 422.55 Mar 28, 2018 425.00 0.58
Jindal Stainless (Hi.. Sep 29, 2017 174.00 Mar 28, 2018 157.50 -9.48
Dilip Buildcon Ltd. Sep 29, 2017 600.00 Dec 29, 2017 992.00 65.33
HCL Technologies Ltd. Dec 29, 2017 445.25 Mar 28, 2018 483.15 8.51
Mahindra & Mahindra .. Dec 29, 2017 751.10 Mar 28, 2018 737.00 -1.88
Wipro Ltd. Dec 29, 2017 117.84 Mar 28, 2018 106.28 -9.81
Balkrishna Industrie.. Dec 29, 2017 1194.15 Mar 28, 2018 1070.00 -10.40
Cyient Ltd. Dec 29, 2017 583.25 Mar 28, 2018 695.00 19.16
Indraprastha Gas Ltd. Dec 29, 2017 167.90 Mar 28, 2018 140.25 -16.47
NLC India Ltd. Dec 29, 2017 109.80 Mar 28, 2018 84.00 -23.50
Persistent Systems L.. Dec 29, 2017 359.00 Mar 28, 2018 345.88 -3.65
Subscription required Dec 29, 2017 Active
(on Mar 28, 2018)
-7.31