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

₹413.90

BUYLARGE CAP500.53-3.96%-4%55.92%121.1%15.127.237.410.643.21%19807.88 Cr295.12%6.54%55.06%18565.05-0.08%-0.08%43.85%29.28%295.44%6.63%7.79%Consumer Defensive517959.4229.21%37.4%15.72255647633117873926
imgAsian Paints Ltd

₹2,214.20

SELLLARGE CAP2288.66-29.55%-24.21%-15.98%36.83%57.8953.4211.810.6NA700.83 Cr-37.89%-33.25%20.26%8329.59-2.25%-4.48%16.51%10.94%-36.46%-30.12%3.22%Basic Materials212385.5719.24%25.04%38.681786808
imgSun Pharmaceutical Industries Ltd

₹1,687.80

BUYLARGE CAP1981.446.08%11.33%104.57%247.43%37.0157.3916.410.590.83%2160.64 Cr-25.94%12.7%322.31%12815.58-4.62%10.51%44.77%19.89%-22.35%1.99%191.7%Basic Materials404959.7612.05%12.22%40.212404272
imgAvenue Supermarts Ltd

₹4,051.90

HOLDLARGE CAP4005.31-18.63%-14.52%11.06%71.31%97.35-370.0115.290.5NA550.79 Cr-23.88%6.61%130.63%14871.86-6.89%18.56%110.37%4.99%-18.24%-10.07%9.63%Consumer Defensive263670.5315.06%19.93%38.97303824
imgCoal India Ltd

₹391.20

BUYLARGE CAP440.83-25.46%-19.66%103.54%196.14%6.8221.915.431.045.88%9592.53 Cr12.97%17.8%194.19%34156.355.55%2.95%58.09%26.26%7.03%14.43%86.09%Basic Materials241085.9392.66%69.45%60.645253032
imgVarun Beverages Ltd

₹469.90

BUYLARGE CAP628.54-31.22%-28.34%203.67%707.94%55.4459.113.040.880.16%731.36 Cr273.83%25.33%253.1%5566.9450.92%24.72%126.76%13.17%147.71%0.5%55.71%Consumer Defensive158916.2719.64%22.98%7.795251917
imgEicher Motors Ltd

₹5,319.00

BUYLARGE CAP5509.835.14%7.78%95.35%222.72%30.7936.767.011.141.27%1362.15 Cr16.37%37.31%197.06%5150.385.37%14.5%89.62%24.2%10.45%19.92%56.66%Consumer Cyclical145874.7726.24%33.01%146.13414671
imgBharat Electronics Ltd

₹394.20

BUYLARGE CAP394.7525.37%27.33%389.99%1566.81%54.1573.849.161.331.09%2121.01 Cr63%34.1%90.55%9149.5958.55%14.29%43.66%19.45%2.8%17.34%32.64%Consumer Cyclical288151.4827.1%33.71%5.3935564550
imgABB India Ltd

₹5,999.00

BUYLARGE CAP6048.91-34.62%-33.49%158.43%644.2%274.31103.520.711.2NA145.67 Cr82.86%-23.7%2081.636.18%2.13%1.85%72.22%-25.29%Industrials127123.8328.75%38.43%5.52560526008916220342
imgDr Reddys Laboratories Ltd

₹1,362.50

HOLDLARGE CAP1276.676.12%11.95%58.02%69.79%20.0757.394.220.640.65%1586.7 Cr13%23.75%185.81%85061.76%13.54%47.06%19.91%11.04%8.99%94.35%Basic Materials113702.4219.42%25.4%66.8821419556

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

₹570.90

BUYLARGE CAP633.67-29.9%-23.55%114.1%1422.4%17.7228.584.741.152599.23 Cr-11.59%-38.79%159.58%14237.44.14%11.62%102.82%22.68%-15.11%-45.16%27.99%Utilities220192.6426.75%21.83%33.065926129
imgTata Motors Ltd

₹712.05

HOLDLARGE CAP800.48-33.41%-28.32%75.75%608.51%11.4136.767.421.38556 Cr55.99%-11.5%-350.55%1189276.28%1.31%57.91%6.4%46.77%-12.64%-258.67%Consumer Cyclical262138.5217.15%18.21%76.4910516625
imgAWL Agri Business Ltd

₹266.20

BUYMID CAP322.67-28.32%-22.71%-57.13%-0.76%28.2359.10.81176.52 Cr-55.1%581.65%50.22%18229.598.26%24.3%17.57%1.83%-58.53%448.39%27.77%FMCG34597.4413.78%20.03%8.981056492
imgInfosys Ltd

₹1,602.00

BUYLARGE CAP1641.441.59%7.6%11.21%133%24.8434.567.471.097038 Cr3.17%1.91%20.79%40925-2.01%6.06%33.99%16.41%5.28%-3.91%-9.85%Technology665504.9730.35%39.64%64.526968315
imgTata Steel Ltd

₹152.13

BUYLARGE CAP161.4-22.31%-16.94%52.71%396.83%55.5223.351.431.331200.88 Cr306.4%-164.64%-92.4%55706.994.65%-4.64%-10.42%1.45%288.34%-167.79%-91.51%Industrials189911.99%10.52%2.5424277592
imgYes Bank Ltd

₹20.16

SELLMID CAP16.45-20.93%-15.33%58.74%-30.48%25.5215.31.620.95744.53 Cr20.21%74.66%-136.84%9437.850.23%23.98%42.4%3.9%19.93%40.88%-125.87%Financial Services63227.152.45%NA0.4586716463
imgEternal Ltd

₹249.08

BUYLARGE CAP271.8629.04%33.74%255.83%97.68%415.136.951.2139 Cr-33.9%-136.15%-142.99%58337.92%71.13%507.58%2.9%-38.75%-121.12%-107.08%Technology240370.935.15%5.18%0.430512913
imgITC Ltd

₹413.90

BUYLARGE CAP500.53-3.96%-4%55.92%121.1%15.127.237.410.6419807.88 Cr295.12%6.54%55.06%18565.05-0.08%-0.08%43.85%29.28%295.44%6.63%7.79%Consumer Defensive517959.4229.21%37.4%15.72255647633117873926
imgWipro Ltd

₹260.21

HOLDLARGE CAP247.652.2%8.99%16.71%143.41%20.7134.561.23588.1 Cr6.58%18.95%7.96%22504.20.83%-0.75%12.33%14.84%5.7%19.85%-3.89%Technology272732.1115.13%19.03%12.628692116
imgHDFC Bank Ltd

₹1,917.60

BUYLARGE CAP2164.5415.67%20.08%46.16%101.88%20.6615.32.50.8518834.88 Cr6.67%39.27%101.24%120268.767.2%99.35%161.73%15.7%-0.49%-30.13%-23.11%Financial Services1469046.0216.88%NA86.156058881

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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