Goldman Sachs is a leading global investment banking, securities, and investment management firm. Founded in 1869, it offers financial services to a diversified client base, including corporations, financial institutions, governments, and individuals. Known for its influential role in financial markets, Goldman Sachs is headquartered in New York City.
Here are the stocks in the Goldman Sachs portfolio with a peg ratio of less than 1:-
Eureka Forbes Ltd
Eureka Forbes Ltd. is an India-based firm that manufactures, sells, and services water filters, vacuum cleaners, air purifiers, water treatment plants, and other home appliances. The Company’s primary business is providing health, hygiene, and safety goods and services.
With a market capitalization of Rs 8,544.02 crore, the shares were trading at Rs 438 per share, decreasing around 1.14 percent as compared to the previous closing price. The company’s PEG ratio is calculated to be 0.49.
Goldman Sachs India holds 2,978,658 equity shares which are equivalent to 1.54 percent of the company as of March 2024. The company’s revenue stood at Rs 553 crore in Q3FY24, during the same time frame, net profit stood at Rs 21 crore.
India Shelter Finance Corporation Ltd
India Shelter is a rapidly expanding affordable housing finance company specializing in the housing finance sector. With a strong emphasis on promoting affordable housing initiatives and enhancing financial inclusion
With a market capitalization of Rs 7,600.10 crore, the shares were trading at Rs 709.95 per share, increasing around 1.39 percent as compared to the previous closing price. The company’s PEG ratio is calculated to be 0.53.
Goldman Sachs India holds 1,122,029 equity shares which are equivalent to 1.1 percent of the company as of March 2024. The company’s revenue stood at Rs 234 crore in Q3FY24, during the same time frame, net profit stood at Rs 78 crore.
TD Power Systems Ltd
TD Power Systems Limited is an Indian producer of air-conditioning (AC) generators and electric motors for a variety of applications that are particularly created and tailored to meet the demands of its clients depending on their requirements and specifications.
With a market capitalization of Rs 5,832.95 crore, the shares were trading at Rs 373.50 per share, increasing around 2.01 percent as compared to the previous closing price. The company’s PEG ratio is calculated to be 0.45.
Goldman Sachs India holds 4,248,291 equity shares which are equivalent to 2.72 percent of the company as of March 2024. The company’s revenue stood at Rs 264 crore in Q3FY24, during the same time frame, net profit stood at Rs 29 crore.
PNC Infratech Ltd
PNC Infratech Limited is an Indian infrastructure building, development, and management firm. The Company primarily works on infrastructure projects such as roads, bridges, flyovers, electricity transmission lines, airport runways, and other infrastructure operations. Its parts are road, water, and toll/annuity.
With a market capitalization of Rs 12,286.94 crore, the shares were trading at Rs 477.95 per share, increasing around 1 percent as compared to the previous closing price. The company’s PEG ratio is calculated to be 0.61.
Goldman Sachs India holds 5,697,510 equity shares which are equivalent to 2.22 percent of the company as of March 2024. The company’s revenue stood at Rs 2,600 crore in Q3FY24, during the same time frame, net profit stood at Rs 396 crore.
Written by:- Abhishek Singh
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