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 66%:
Nucleus Software Exports Ltd
Nucleus Software Exports Limited is a provider of lending and transaction banking products to the financial services industry. The Company is engaged in the business of development and marketing of software, products, and software services for business entities in the banking and financial services (BFS) vertical having its operating units located in Noida, Uttar Pradesh
With a market capitalization of Rs 2,903.81 crore, the shares were trading at Rs 1,103.05 per share, decreasing around 2.53 percent as compared to the previous closing price.
The company hit its 52-week or all-time high in January 2024 at Rs. 1,830.00 apiece and, comparing the same with the current stock price prevailing in the market, there is a discount of approximately 66 percent.
Looking at the company’s financial statements, the revenue decreased by 31 percent from Rs. 205 crores in Q2FY24 to Rs. 202 crores in Q2FY25. In addition, the net profits decreased by 26 percent from Rs. 45 crores to Rs. 33 crores during the same period.
West Coast Paper Mills Ltd
West Coast Paper Mills Limited is an India-based company that is primarily engaged in producing paper for printing, writing, and packaging. The Company operates through two segments: Paper/Paperboard (including Duplex Board) at Dandeli, and Telecommunication Cables at Mysore.
With a market capitalization of Rs 3,627.08 crore, the shares were trading at Rs 549.10 per share, decreasing around 2.43 percent as compared to the previous closing price.
The company hit its 52-week or all-time high in January 2024 at Rs. 815 apiece and, comparing the same with the current stock price prevailing in the market, there is a discount of approximately 49 percent.
Looking at the company’s financial statements, the revenue decreased by 12 percent from Rs. 1,194 crores in Q2FY24 to Rs. 1,045 crores in Q2FY25. In addition, the net profits decreased by 53 percent from Rs. 219 crores to Rs. 101 crores during the same period.
Automotive Axles Ltd
Automotive Axles Limited is an India-based company, which is primarily engaged in the manufacturing of axles and brakes in Mysore, Rudrapur, and Jamshedpur. The Company operates through the segment of manufacturing and sale of automotive components.
With a market capitalization of Rs 2,726.98 crore, the shares were trading at Rs 1,804.75 per share, decreasing around 1.51 percent as compared to the previous closing price.
The company hit its 52-week or all-time high in January 2024 at Rs. 2,249.10 apiece 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 decreased by 15 percent from Rs. 584 crores in Q2FY24 to Rs. 495 crores in Q2FY25. In addition, the net profits decreased by 20 percent from Rs. 45 crores to Rs. 36 crores during the same period.
Fiem Industries Ltd
Fiem Industries Limited is an India-based company that is primarily engaged in the business of manufacturing and supply of auto components. The Company manufactures automotive lighting and signaling equipment, rear-view mirrors, prismatic mirrors, plastic molded parts, bank angle sensors, canisters, and sheet metal components.
With a market capitalization of Rs 3,953.87 crore, the shares were trading at Rs 1,502.25 per share, decreasing around 1.91 percent as compared to the previous closing price.
The company hit its 52-week or all-time high in Septmber 2024 at Rs. 1,782.10 apiece and, comparing the same with the current stock price prevailing in the market, there is a discount of approximately 18 percent.
Looking at the company’s financial statements, the revenue zoomed by 20 percent from Rs. 509 crores in Q2FY24 to Rs. 612 crores in Q2FY25. In addition, the net profits increased by 16 percent from Rs. 43 crores to Rs. 50 crores during the same period.
Written by:- Abhishek Singh
