Seven stocks, including Shriram Finance, near buy points

Seven stocks are currently seen as good investment opportunities according to MarketSmith. They are close to their buy points, meaning investors might consider them for purchase soon. One of these stocks is Shriram Finance. It has an impressive operating revenue of Rs 40,297 crore and shows an annual revenue growth of 19%. The company has a strong pre-tax margin of 27% and a return on equity (ROE) of 15%. The stock is performing well, trading about 3% from a key buy point. Another stock is Bharti Airtel. The company has an operating revenue of Rs 1,62,708 crore and an annual growth rate of 8%. However, it has a high debt-to-equity ratio of 130%, which could be a risk for investors. The stock is currently about 2% from its buy point. Associated Alcohols & Breweries also makes the list with an operating revenue of Rs 1,075 crore. It has an annual revenue growth of 8% and a healthy debt-to-equity ratio of 12%. The stock is about 4% from its buy point. Hindalco Industries has an operating revenue of Rs 2,29,600 crore but saw a slight decline in revenue of -3%. The company maintains a reasonable debt-to-equity ratio of 45%. It is currently about 1% below the ideal buy point. India Shelter Finance shows impressive growth with a revenue increase of 42%. Its pre-tax margin is 38%, making it attractive for investors. The stock is trading about 1% from its buy point. Blue Star, with an operating revenue of Rs 11,276 crore, has achieved a strong annual revenue growth of 22%. The company is debt-free, contributing to its solid financial health. The stock is about 2% from its buy point. Lastly, AstraZeneca Pharma India reports an operating revenue of Rs 1,619 crore and a 29% annual growth rate. The company is also debt-free and has a strong balance sheet, with the stock trading around 4% from its buy point. Overall, these stocks are positioned well for potential investors, but some come with risks that need careful consideration.