
There are only 120 companies in the Indian stock market, and 29 Nifty500 companies, that fulfill the following growth criteria: that the company should have delivered rising net profits, in each of the past four consecutive quarters. In this screener, Yes Bank is one of the banking stocks that qualify. And despite the rapid growth in sectors like agrochemicals, only Astec LifeSciences met this criteria in that sector.
Unsurprisingly, some sectors such as telecom which have seen upheaval in the last few quarters had zero companies in the list. Auto Ancillaries is a sector that did well as far as net profits, with seven companies from the sector part of the list. For the full screener, click here.