Capitaline/Ace Equity/Prowess

#3
Hi Aryan & Rajesh,

I have used Prowess & Capitaline in the past as part of different institutions I have been associated with. Our main usage of these sources was to get data for conducting market wide studies and preparing research reports thereon. Both of them being paid services provide the comfort of reasonably accurate data with support and can pull out companies data based on complex filters.

I follow fundamental analysis for selecting stocks for my personal investments. I have been using various websites providing free stocks filtering tools, financial data compilations like: screener.in, moneycontrol.com etc. I like screener.in out of these two. I have felt that the data from these websites is reasonably accurate and serves the purpose of preliminary overview analysis of any stock. You can filter stocks based on multiple criteria at screener.in

You may read about using stocks screening feature of screener.in here: Shortlisting Companies for Detailed Analysis

However, once a stock is shortlisted for detailed analysis based on information from either paid sources like capitaline/prowess or free websites like screener/moneycontrol, it is advised to take final investing decision based on the data from the annual report.

I feel that free sources of financial data are sufficient for needs of an individual investor. However, you may take your own call based on your stocks portfolio size and the amount of money you can allocate to annual subscription charges.

Hope it helps.

regards,
Vijay
 

Similar threads