A fundamentally strong stock trading at a discount presents an opportunity for investors to acquire quality assets below their intrinsic value. This occurs when market prices don’t fully reflect a company’s robust financial health, growth potential, or competitive advantages, offering the potential for significant long-term gains as the market corrects itself.
Here are the Fundamentally strong Stocks trading at Discount up to 26%;
Route Mobile Ltd
Route Mobile Limited offers communication platform as a service (CPaaS) solutions. The Company caters to enterprises, over-the-top (OTT) players, and mobile network operators (MNO) and its portfolio comprises solutions in messaging, voice, email, SMS filtering, analytics, and monetization.
With a market capitalization of Rs 10,075.36 crore, the shares were trading at Rs 1,602.00 per share, increasing around 1.54 percent as compared to the previous closing price.
The company hit its 52-week or all-time high in July 2024 at Rs. 1,942 and, comparing the same with the current stock price prevailing in the market, there is a discount of approximately 24 percent.
Looking at the company’s financial statements, the revenue increased by 14 percent from Rs. 967 crores in Q1FY24 to Rs. 1,103 crores in Q1FY25. In addition, the net profits decreased by 12 percent from Rs. 92 crores to Rs. 81 crores during the same period.
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Azad Engineering Ltd
Azad Engineering Limited manufactures and sells aircraft components and turbines to original equipment manufacturers (OEMs) in the aerospace, military, energy, and oil and gas sectors.
With a market capitalization of Rs 9,260.35 crore, the shares were trading at Rs 1,566.55 per share, increasing around 4 percent as compared to the previous closing price.
The company hit its 52-week or all-time high in June 2024 at Rs. 2,080 and, comparing the same with the current stock price prevailing in the market, there is a discount of approximately 24 percent.
Looking at the company’s financial statements, the revenue increased by 28 percent from Rs. 76 crores in Q1FY24 to Rs. 98 crores in Q1FY25. In addition, the net profits magnified by 142 percent from Rs. 7 crores to Rs. 17 crores during the same period.
JK Paper Ltd
JK Paper Limited is an Indian manufacturer of paper and paperboards. The company’s goods include office documentation sheets, uncoated paper, and board, coated paper and board, and packaging board. It provides a wide selection of office documentation papers, from economy to premium grades.
With a market capitalization of Rs 8,053.39 crore, the shares were trading at Rs 475.40 per share, increasing around 0.86 percent as compared to the previous closing price.
The company hit its 52-week or all-time high in July 2024 at Rs. 639 and, comparing the same with the current stock price prevailing in the market, there is a discount of approximately 25 percent.
Looking at the company’s financial statements, the revenue increased by 8 percent from Rs. 1,584 crores in Q1FY24 to Rs. 1,714 crores in Q1FY25. In addition, the net profits soared by 54 percent from Rs. 313 crores to Rs. 141 crores during the same period.
West Coast Paper Mills Ltd
West Coast Paper Mills Limited is an India-based firm that manufactures paper for printing, writing, and packaging. The company operates in two segments: Paper/Paperboard (including Duplex Board) in Dandeli and Telecommunication Cables in Mysore.
With a market capitalization of Rs 3,968.55 crore, the shares were trading at Rs 600.85 per share, decreasing around 0.37 percent as compared to the previous closing price.
The company hit its 52-week or all-time high in January 2024 at Rs. 815 and, comparing the same with the current stock price prevailing in the market, there is a discount of approximately 26 percent.
Looking at the company’s financial statements, the revenue decreased by 16 percent from Rs. 1,139 crores in Q1FY24 to Rs. 960 crores in Q1FY25. In addition, the net profits soared by 56 percent from Rs. 278 crores to Rs. 122 crores during the same period.
Written By Abhishek Singh
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