Every industry has its own operating matrix which should be taken into account before investing. If one is looking at investing in an infrastructure company, it would be more important to look at the debt profile of the company. In the case of a chemicals company, what is happening in China and the supply chain is worth looking at. Similarly for every industry, the range of financials, like ROE and ROCE would be a range rather than a single number. ET screener powered by Refinitiv’s Stock Report Plus lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".
