At times, the company’s strong financial standing and competitive advantages are not reflected in the market price. This is when the company is trading at a discounted value that is generally below its fair value. Over time, these stocks could offer significant gains in the long run as the market corrects itself over time.
Fundamentally strong stocks trading at a discount of up to 67% to be added to your watchlist:
1. Network People Services Technologies Limited
Network People Services Technologies Limited is engaged in providing software and digital payment solutions to the Banking and Fintech segment
The company hit its 52-week high in August 2024 at Rs 3,577 apiece and comparing the same with the current stock price of Rs 2,470, there is a discount of approximately 30.94 percent.
With a market capitalization of Rs 4,802.88 crores, the company holds an RoE of 54.49 percent and a RoCE of 72.14 percent in Q2FY24. With a debt-to-equity ratio of 0, the company maintains a debt-free status.
2. Sathlokhar Synergys E&C Global Limited
Sathlokhar Synergys E&C Global Limited provides EPC services for infrastructure facilities. The company has successfully completed 28 projects and has 18 ongoing projects. Their project portfolio has a diverse list of clients which includes hospitals, hotels, solar, and warehouse projects
The company hit its 52-week high in September 2024 at Rs 695.45 apiece and, comparing the same with the current stock price of Rs 476, there is a discount of approximately 31.5 percent.
With a market capitalization of Rs 1,148.97 crores, the company holds an RoE of 25.81 percent and a RoCE of 35.5 percent in Q2FY24. With a debt-to-equity ratio of 0, the company maintains a debt-free status.
3. Garden Reach Shipbuilders & Engineers Limited
Garden Reach Shipbuilders & Engineers Limited is a leading shipbuilding company in India that mainly serves the Indian Coast Guard and Indian Navy’s shipbuilding needs.
The company hit its 52-week high in July 2024 at Rs.2,833.80 apiece and comparing the same with the current stock price of Rs 1,502.40, there is a discount of approximately 46.9 percent.
With a market capitalization of Rs 17,210.29 crores, the company holds an RoE of 20.89 percent and a RoCE of 28.42 percent in Q2FY24. In terms of liquidity ratios, the company has a debt-to-equity ratio of 0.01.
Also read….
4. Godfrey Phillips India Limited
Godfrey Phillips India Limited is one of India’s leading FMCG companies which generates revenue mainly by manufacturing cigarettes, smoking tobacco, and cigars. The non-tobacco segment includes the distribution of confectionery, including Ferrero products.
The company hit its 52-week high in September 2024 at Rs 8,480 apiece and comparing the same with the current stock price of Rs 4,206.55, there is a discount of approximately 50.39 percent.
With a market capitalization of Rs 21,871.50 crores, the company holds an RoE of 19.18 percent and a RoCE of 19.63 percent in Q2FY24. In terms of liquidity ratio, the company has a debt-to-equity ratio of 0.05
5. Waaree Renewable Technologies Ltd
Waaree Renewable Technologies Ltd, a subsidiary of Waaree Energies Limited is involved in the EPC activities of power generation through renewable energy sources. They have a strong presence within the country in 13 major locations. The company has executed over 10,000 successful solar projects.
The shares of Waaree Renewable Technologies Ltd hit their 52-week high in April 2024 at Rs 3,037.75 apiece and comparing the same with the current stock price of Rs 987.95 there is a discount of approximately 67.5 percent.
With a market capitalization of Rs 10,299.04 crores, the company holds an RoE of 61.98 percent and a RoCE of 79.14 percent in Q2FY24. In terms of liquidity ratio, the company has a debt-to-equity ratio of 0.1
Written by Shwetha Sairam
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
