Undervalued Stocks

Undervalued stocks refer to publicly traded companies whose current market price does not accurately reflect their intrinsic value or true worth. These value stocks are often overlooked or mispriced by the market, presenting potential investment opportunities for savvy value investors.

Top Undervalued Stocks in India 2024

Name
Price
Analyst Rating
M Cap
Target Price
Alpha
1Y Return
3Y Return
5Y Return
PE
Industry PE
PB
Beta
Div Yld
Net Profit Qtr
Net Profit QoQ %
Net Profit YoY %
Net Profit 3Y Change %
Rev Qtr (in Cr)
Rev QoQ (in %)
Rev 1Y change %
Rev 3Y change %
Profit Mar Qtr
Profit Mar QoQ
Profit Mar 1Y Change%
Profit Mar 3Y Change%
Sector
M Cap
ROE
ROCE
EPS
Volume
imgITC Ltd

₹429.60

BUYLARGE CAP510.07-0.42%1.03%69.87%140.16%27.9326.797.410.623.21%5013.18 Cr-0.82%6.54%55.06%18580.36-6.35%-0.08%43.85%29.28%5.91%6.63%7.79%Consumer Defensive542612.2329.21%37.4%15.72255647633112525616
imgAsian Paints Ltd

₹2,436.10

HOLDLARGE CAP2450.56-22.62%-15.41%-22.32%33.51%55.145.6714.820.511.17%1128.44 Cr62.68%32.47%73.31%8521.516.48%2.92%63.47%15.66%52.78%28.72%6.02%Basic Materials233276.931.29%38.97%57.94393171
imgSun Pharmaceutical Industries Ltd

₹1,774.10

BUYLARGE CAP2047.895.26%17.7%94.16%265.99%36.6353.6916.410.620.83%2917.54 Cr-3.73%12.7%322.31%13436.941.3%10.51%44.77%19.89%-4.97%1.99%191.7%Basic Materials419259.7912.05%12.22%40.21648949
imgAvenue Supermarts Ltd

₹4,440.50

HOLDLARGE CAP4115.59-14.97%-7.6%11.19%92.56%106.09-295.0215.290.31NA723.54 Cr9.72%6.61%130.63%15972.5510.58%18.56%110.37%4.99%-0.78%-10.07%9.63%Consumer Defensive288639.1615.06%19.93%38.97460526
imgCoal India Ltd

₹398.20

BUYLARGE CAP460.38-18.21%-9.6%111.51%182.9%7.1320.7915.431.285.88%8491.22 Cr35.32%17.8%194.19%32358.9818.66%2.95%58.09%26.26%14.05%14.43%86.09%Basic Materials245646.3592.66%69.45%60.644544034
imgVarun Beverages Ltd

₹549.80

BUYLARGE CAP652.57-12.16%-4.01%276.41%892.32%68.8458.1113.040.850.16%195.64 Cr-68.89%25.33%253.1%3688.79-23.23%24.72%126.76%13.17%-59.48%0.5%55.71%Consumer Defensive185816.6119.64%22.98%7.793258744
imgEicher Motors Ltd

₹5,699.50

BUYLARGE CAP5424.8921.29%27.96%122.96%311.13%35.6734.237.010.981.27%1170.5 Cr6.38%37.31%197.06%4888.1116.76%14.5%89.62%24.2%-8.89%19.92%56.66%Consumer Cyclical158576.526.24%33.01%146.13354970
imgBharat Electronics Ltd

₹304.70

BUYLARGE CAP336.8721.83%29.44%270.26%1097.59%44.4158.569.161.811.09%1301.27 Cr20.06%34.1%90.55%5770.6925.32%14.29%43.66%19.45%-4.2%17.34%32.64%Consumer Cyclical221742.1427.1%33.71%5.3914835275
imgABB India Ltd

₹5,676.00

BUYLARGE CAP6074.32-21.11%-9.91%170.6%530.13%259.8392.7120.711.38NA145.67 Cr82.86%-23.7%2081.636.18%2.13%1.85%72.22%-25.29%Industrials120416.9328.75%38.43%5.52560526008916241695
imgDr Reddys Laboratories Ltd

₹1,183.40

HOLDLARGE CAP1322.95-10.54%-1.3%42.75%45.89%18.2253.694.220.540.65%1404.2 Cr4.64%23.75%185.81%8358.64.27%13.54%47.06%19.91%0.35%8.99%94.35%Basic Materials98048.5119.42%25.4%66.8821474670

Why should you invest in undervalued stocks?

1. Lower Risk

Compared to their overvalued counterparts, undervalued stocks inherently carry less risk. Since they are bought at a price lower than their actual value, the downside risk is minimised. This makes them an appealing option for conservative investors seeking safer investment avenues.

2. Potential for Substantial Returns

Investing in undervalued stocks provides an opportunity for significant returns. Once the market corrects its initial misjudgments, these stocks can appreciate considerably as they return to their true values, offering profitable outcomes for those who invested early.

3. Capitalising on Market Overreactions

The stock market is prone to emotional reactions, often resulting in stock mispricing. Astute investors can capitalize on this by purchasing stocks when they are unfairly devalued and waiting for the market’s inevitable correction.

4. Dividend Advantage

Often, undervalued stocks belong to established companies with stable dividend payouts. Investors can benefit from regular dividends while waiting for the stock’s price to adjust, ensuring a dual income stream through capital gains and dividends.

Check More Stocks

Name
Price
Analyst Rating
M Cap
Target Price
Alpha
1Y Return
3Y Return
5Y Return
PE
Industry PE
PB
Beta
Net Profit Qtr
Net Profit QoQ %
Net Profit YoY %
Net Profit 3Y Change %
Rev Qtr (in Cr)
Rev QoQ (in %)
Rev 1Y change %
Rev 3Y change %
Profit Mar Qtr
Profit Mar QoQ
Profit Mar 1Y Change%
Profit Mar 3Y Change%
Sector
M Cap
ROE
ROCE
EPS
Volume
imgAdani Power Ltd

₹577.30

BUYLARGE CAP618.33-12.14%-4.83%110.75%1666.87%17.7926.826.881.442940.07 Cr-10.84%94.18%1540.09%13671.182.49%29.86%92.02%41.37%-13.01%49.53%754.11%Utilities221137.5955.41%30.81%542951450
imgTata Motors Ltd

₹652.05

BUYLARGE CAP816.4-43.4%-36.07%48.38%733.91%7.4734.2312.631.195578 Cr61.68%1082.46%-344.36%11283312.23%26.58%75.32%7.26%44.06%834.16%-239.39%Consumer Cyclical232237.8919.5%14.69%82.9915501045
imgAWL Agri Business Ltd

₹281.50

BUYMID CAP334.17-24.46%-17.1%-62.93%5.72%30.93142.945.040.91393.16 Cr39.46%-69.17%-73.83%16859.3116.59%-11.9%38.21%0.33%19.61%-65.01%-81.06%Edible Oil36858.893.42%9.6%1.31705034
imgInfosys Ltd

₹1,477.10

BUYLARGE CAP1762.81-8.89%-1.36%-8.86%109.45%22.0630.947.660.87038 Cr3.17%8.88%35.14%40925-2.01%4.7%52.95%17.08%5.28%3.99%-11.64%Technology590926.3236.58%45.07%63.376887173
imgTata Steel Ltd

₹139.45

BUYLARGE CAP153.2-22.83%-14.27%13.21%411.14%63.0924.451.431.4295.49 Cr-61.06%-160.8%-159.95%53231.28-0.48%-5.83%46.63%-2.14%-60.87%-164.56%-140.88%Industrials172472.417.79%13.67%-3.9419476534
imgYes Bank Ltd

₹18.27

SELLMID CAP16.27-34.03%-27.13%35.93%-33.96%23.6616.491.621.09744.53 Cr20.21%74.66%-136.84%9437.850.23%23.98%42.4%3.9%19.93%40.88%-125.87%Financial Services58600.842.45%NA0.4556865522
imgEternal Ltd

₹237.93

BUYLARGE CAP277.2114.62%26.68%201.55%88.47%312.466.950.959 Cr-66.48%-136.15%-142.99%540512.63%71.13%507.58%2.9%-70.24%-121.12%-107.08%Technology229166.885.15%5.18%0.424969571
imgITC Ltd

₹429.80

BUYLARGE CAP510.07-0.42%1.03%69.87%140.16%27.9326.797.410.625013.18 Cr-0.82%6.54%55.06%18580.36-6.35%-0.08%43.85%29.28%5.91%6.63%7.79%Consumer Defensive542612.2329.21%37.4%15.72255647633112560497
imgWipro Ltd

₹243.15

HOLDLARGE CAP248.69-6.83%1.34%-11.53%158.87%18.6430.944.340.983588.1 Cr6.58%-2.24%2.25%22504.20.83%-0.8%44.93%12.38%5.7%-1.45%-29.45%Technology245212.2615.13%19.03%10.635212704254121205088
imgHDFC Bank Ltd

₹1,926.60

BUYLARGE CAP2037.121.53%30.12%43.64%105.42%21.1416.492.50.918834.88 Cr6.67%39.27%101.24%120268.767.2%99.35%161.73%15.7%-0.49%-30.13%-23.11%Financial Services1501136.3316.88%NA86.159608897

Frequently Asked Questions

How are undervalued stocks identified?

There are several methods to identify undervalued stocks, including analysing financial ratios like price-to-earnings (P/E), price-to-book (P/B), and price-to-cash-flow (P/CF) ratios, which can indicate if a stock is undervalued compared to its peers or historical averages. Qualitative factors like competitive advantages, management quality, and growth potential are also considered.

What are the potential benefits of investing in undervalued stocks?

The primary benefit of investing in undervalued stocks is the potential for higher returns when the market eventually recognises the stock's true value, leading to price appreciation.

What are the risks associated with undervalued stocks?

Undervalued stocks may remain undervalued for an extended period, leading to opportunity costs. Additionally, there is a risk that the stock is undervalued due to underlying fundamental issues with the company, which may lead to further price declines.

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