As we have started tracking screener performance, the momentum score (technical score) is becoming an important filter for high return stocks. The backtests on the various screeners show that among the growth screeners, stocks with good revenue and net profit growth and that have a technical score > 70 do very well on backtests, offering up a CAGR of +40% on this screener. For the full screener, click here.

You will see some familiar names here. Thirmulai Chemicals, for example, is an old favorite of superstar investors Dolly Khanna and Anil Kumar Goel, present in both their portfolios.