Media coverage was overwhelmingly positive for Oil Marketing Companies (OMCs) during August 2017. Corporate growth, expansion and M&A related news flow dominated the media coverage for OMCs in the past month.
Indian Oil Corporation Ltd (IOCL), the country’s largest OMC, witnessed a marked improvement in positive media coverage during August 2017.
For an investor, buying quality and growth oriented stocks at fair price points is a key for making money in the market. But with so many options, selecting such stocks can be an uphill task for individual investor. Moreover, going through each and every income statement and balance sheet to identify fundamentally strong companies within the sector is a daunting task.
Understanding this need, Heckyl launched Peers screen to help investors distinguish between good and bad companies within any industry. Peers screen measures the performance of each company within the sector on three key parameters – quality (assess balance sheet strength), growth (how the company has grown over the years) and value (spot stocks with cheap or expensive valuations).