A stock trading at a discount gives investors the opportunity to buy quality assets for less than they’re really worth. This happens when the market price doesn’t fully reflect the company’s solid financial health, growth potential, or competitive strengths. As the market corrects itself over time, these stocks could offer significant gains in the long run.
Listed below are 4 fundamentally strong stocks below Rs 250 that are trading with discounts up to 60 percent
Honasa Consumer Ltd
Honasa Consumer Ltd, the parent company of popular skincare brand MamaEarth, provides e-commerce services primarily in the beauty industry. The company operates under popular brand names such as Mamaearth, Aqualogica, The Derma Co., Dr. Sheth’s and Ayuga Brands.
With a market capitalization of Rs. 7,129.89 crore, Honasa’s 52-week high stands at Rs. 546.50 and the stock is currently trading at the level of Rs. 219.50, a discount of 60 percent from its 52-week high.
Ircon International Ltd
Ircon International Limited is a PSU which started as a railway construction company. They now specialise in large-scale, technologically advanced infrastructure projects across sectors like railways and highways. The total order book of the company stands at an impressive Rs 21,939 crore, out of which 78 percent come from the railway sector.
With a market capitalization of Rs. 13,957.25 crore, IRCON’s 52-week high stands at Rs. 351.65 and the stock is currently trading at the level of Rs. 148.40, a discount of 58 percent from its 52-week high.
Avantel Ltd
Avantel Limited is an Indian company primarily engaged in the business of designing, developing and maintaining defence electronics, radar systems wireless and satellite communication products, and development of network management software applications. Its customers are mainly from the defence and aerospace sectors.
With a market capitalization of Rs. 2,901.34 crore, Avantel’s 52-week high stands at Rs. 223.80 and the stock is currently trading at the level of Rs. 118.55, a discount of 47 percent from its 52-week high.
Man Infraconstruction Ltd
Man Infraconstruction Limited (MICL) is a full-service EPC company with expertise in executing projects across residential, commercial, port, and road construction. As of Q3 FY25, the company’s EPC order book stands at Rs 627 crores.
With a market capitalization of Rs. 5,755.07 crore, Man Infra’s 52-week high stands at Rs. 262.50 and the stock is currently trading at the level of Rs. 153.35, a discount of 42 percent from its 52-week high.
Written by Shwetha Sairam
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