What is a stock screener?

When you step into the markets, the first problem is choice. There are over 5,000 listed companies in India. Which ones do you even look at? Picking randomly isn’t an option.

That’s where a stock screener comes in.

A screener is like a filter. You set the conditions, and it shows you only the stocks that match.

How it works

Imagine you’re shopping online. You don’t scroll through every item. You set filters: price under ₹1,000, 4+ star rating, free delivery. Instantly, your list shrinks.

A stock screener does the same.

• Want stocks below ₹500?
• Or companies with P/E ratio under 15?
• Or shares trading above their 200-day moving average?

You put these filters in, and the screener gives you a shortlist.

How to Try This Yourself

1. Open any free stock screener online.
2. Enter a simple filter like “Price < ₹500”.
3. Add one more filter. e.g., “P/E < 15”.

See how the list shrinks instantly compared to all listed companies.

Why it matters

Without a screener, you’d waste hours scrolling through charts and balance sheets. With it:

• You save time.
• You stay focused on your strategy.
• You avoid chasing random tips.

But remember

A screener is only the starting point. It doesn’t say “Buy this stock.” It just gives you a filtered list. What you do next?

Researching the company, checking the news, looking at fundamentals or technicals and that’s where the real decision-making happens.

Final Takeaway

A stock screener is your filter in a noisy market.

It won’t predict tomorrow’s winners, but it gives you a structured way to narrow down thousands of stocks into a focused shortlist.

With the right filters, you save time, cut through distractions, and start your research with discipline instead of guesswork.