Zerodha introduces ‘Fundamentals’ widget on Kite platform to simplify stock analysis, ETFs; 5 key features

  • Zerodha's new widget allows users to compare stocks, ETFs, indices and also helps in fundamental data gathering for research on trading activities

Nikita Prasad
Published25 Jun 2024, 04:14 PM IST
Zerodha has launched a new feature on its Kite platform designed to enhance the experience of users for stock analysis
Zerodha has launched a new feature on its Kite platform designed to enhance the experience of users for stock analysis

Brokerage platform Zerodha has introduced a new feature on its Kite platform to enhance the overall experience of investors and traders. The new ‘Fundamentals’ widget powered by Tijori, allows Kite users to compare stocks, exchange traded-funds (ETFs), and indices. It provides insights to users on all three products directly within the Kite interface.

Also Read: Zerodha brings new hands-on ‘notes’ feature for traders; How to use on Kite web? Here's a step-by-step guide

“The fundamentals widget on Zerodha is now powered by Tijori. It now has much more financial data about the company to help you make informed decisions," said Nithin Kamath, co-founder, Zerodha on the new feature. Earlier, Kite users had to navigate multiple platforms to access fundamental data.

However, with the new ‘Fundamentals’ widget, the data gathering process along with key comparative analysis has become easier for investors. The widget allows a simplified version of data which enables users to make calculated decisions. Here's how the new widget feature can support traders on Zerodha:

Zerodha's ‘Fundamentals’ widget: 5 key features

Zerodha users can now access key metrics such as the revenue breakdown by-products and geographies, valuations, financial summaries, peer comparisons, and shareholding patterns—all from a single dashboard of the ‘fundamentals’ widget.

1.Overview tab: This provides a snapshot of performance metrics like PE ratio, 52-week high/low, and comparative stock price charts against the sectoral benchmarks. The specialised indices crafted by Tijori allow for comparisons in sectors such as solar energy and polymers.

2.Revenue mix tab: This tab offers insights into how the companies generate revenue across various products and geographic locations. This feature becomes particularly valuable during geopolitical events, helping investors assess the potential impacts on the stock performance.

Also Read: Zerodha's Nithin Kamath hails SEBI mandate: ‘Direct payout of securities to clients will boost safety of assets’

3.Events tab: The events feature keeps users updated on corporate actions such as earnings releases, dividends, bonuses, and stock splits.

4.Financials tab: This presents detailed quarterly results, financial summaries, peer comparisons, and insights into shareholding patterns including pledged shares and ownership breakdowns among promoters, domestic, foreign, and retail investors.

5.ETFs overview: For ETFs, the widget provides performance summaries, tracking differences, asset allocations, sectoral exposures, and comparative analyses based on fundamentals and historical performance.
 

How to access the ‘Fundamentals’ widget on Zerodha's Kite?

The Fundamentals widget is accessible on both the Kite web platform and the mobile app. Users can invoke the widget through the context menu on the Kite web or by swiping up the instrument name within the Kite app.

Also Read: Zerodha's focus in 2023 was backend systems, R&D; alert triggers basket & more in pipeline: Nithin Kamath

 

 

 

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