A stock screener is a tool that can be used to identify and separate trading instruments like stocks listed by various organizations on a stock exchange. There are multiple parameters which can include dividend ratio, market capitalization, growth rate, average volume, volatility, price to earnings ratio (P/E), average return on investment, debt to equity ratio, and other indicators.
Stock screeners display metrics to help traders and investors. These metrics can be helpful to take a proper decision and develop trading strategies accordingly. For example, users can immediately remove stocks that do not meet their requirements by analyzing several stocks at once.
Earlier, Traders had to spend more time on stock selection to invest in. They have to go through the balance sheet, profit, and loss statements, etc. But now, it is very easy to identify the best-performing stocks using stock screeners. Here are the list of best stock screeners for indian stocks.
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