Goldman Sachs is a global investment banking and financial services company with a significant influence in the finance sector. The firm specializes in investment banking, securities, and asset management, with a global reputation for innovation and experience.
The Price/Earnings to Growth (PEG) ratio compares a stock’s value to its earnings growth rate. This tool helps investors estimate a stock’s fair value based on its potential for growth.
Here is the list of stocks in the Goldman Sachs portfolio with a peg ratio of less than one:-
Archean Chemical Industries Ltd
Archean Chemical Industries Limited produces and exports bromine and industrial salt. Potassium Sulfate (SOP) is also part of the company’s product line. The company services a wide range of sectors, including agriculture, pharmaceuticals, water treatment, aluminum, glass, and textiles.
With a market capitalization of Rs 8,451.46 crore, the shares were trading at Rs 684.90 per share, decreasing around 1.37 percent as compared to the previous closing price. The company’s PEG ratio has been assessed to be 0.46.
Goldman Sachs India holds 22,20,240 equity shares which are equivalent to 1.80 percent of the company as of March 2024.
The company’s revenue stood at Rs 413 crore in Q3FY24, during the same time frame, net profit stood at Rs 102 crore.
Gokaldas Exports Ltd
Gokaldas Exports Limited designs manufactures, and sells a wide range of clothes for men, women, and children, serving the demands of various prominent worldwide fashion brands and stores.
With a market capitalization of Rs 4,935.31 crore, the shares were trading at Rs 778.65 per share, decreasing around 1.85 percent as compared to the previous closing price. The company’s PEG ratio has been assessed to be 0.78.
Goldman Sachs India holds 33,12,165 equity shares which are equivalent to 5.23 percent of the company as of March 2024.
The company’s revenue stood at Rs 552 crore in Q3FY24, during the same time frame, net profit stood at Rs 30 crore.
Home First Finance Company India Ltd
Home First Financing Company India Limited primarily lends house loans, loans to purchase commercial property, loans against property, and construction financing. The company’s offerings include house loans for salaried professionals, home loans for self-employed individuals, home building, and so on.
With a market capitalization of Rs 7,820.85 crore, the shares were trading at Rs 883.55 per share, decreasing around 1.65 percent as compared to the previous closing price. The company’s PEG ratio has been assessed to be 0.50.
Goldman Sachs India holds 20,54,267 equity shares which are equivalent to 2.32 percent of the company as of March 2024.
The company’s revenue stood at Rs 296 crore in Q3FY24, during the same time frame, net profit stood at Rs 79 crore.
Written by:- Abhishek Singh
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