Fundamentally strong companies screened using Kevin Matras' criteria that gives dividend.
This Neuron is built based on investment criteria set out by Kevin Matras, an US based investment expert in his book "Finding #1 Stocks: Screening, Back testing and Time-Proven Strategies". Companies having high return on capital employed will be able to manage endurable earning growth. High return on capital employed with low debt/equity ratio leads to high return on equity which gives good return in stock market. In this Neuron, stocks have been selected based on high return on equity in the same sector. Companies have been further screened based on its P/OCF (Price to Operating Cash Flow) instead of just PE ratio. High operating cash flows gives the company the ability to sustain earnings growth. In addition we have selected stocks which have given positive dividend growth rate.
Data is updated on 7th per month. It gets verified every quarter by independent auditor.
Data presented here is taken from company's inception
Importance given to satisfactory resolution as per prescribed TAT