The Indian stock market has seen a slight dip of 1.3% over the past week, but it continues to show strong annual growth of 43%, with earnings expected to increase by 16% annually. For investors looking for potential opportunities in a growing market, identifying undervalued stocks can be particularly compelling.
Here are the top 10 undervalued stocks in India based on cash flows:
1. HEG (NSEI:HEG)
– Current Price: ₹2045.25
– Fair Value (Est): ₹3292.68
– Discount (Est): 37.9%
2. IOL Chemicals and Pharmaceuticals (BSE:524164)
– Current Price: ₹403.15
– Fair Value (Est): ₹636.71
– Discount (Est): 36.7%
3. Updater Services (NSEI:UDS)
– Current Price: ₹309.35
– Fair Value (Est): ₹538.16
– Discount (Est): 42.5%
4. Vedanta (NSEI:VEDL)
– Current Price: ₹439.80
– Fair Value (Est): ₹717.96
– Discount (Est): 38.7%
5. Rajesh Exports (NSEI:RAJESHEXPO)
– Current Price: ₹300.90
– Fair Value (Est): ₹506.76
– Discount (Est): 40.6%
6. Mahindra Logistics (NSEI:MAHLOG)
– Current Price: ₹512.70
– Fair Value (Est): ₹901.81
– Discount (Est): 43.1%
7. Strides Pharma Science (NSEI:STAR)
– Current Price: ₹952.70
– Fair Value (Est): ₹1664.05
– Discount (Est): 42.7%
8. Delhivery (NSEI:DELHIVERY)
– Current Price: ₹374.30
– Fair Value (Est): ₹740.20
– Discount (Est): 49.4%
9. Godrej Properties (NSEI:GODREJPROP)
– Current Price: ₹3245.75
– Fair Value (Est): ₹5592.14
– Discount (Est): 42%
10. PVR INOX (NSEI:PVRINOX)
– Current Price: ₹1402.50
– Fair Value (Est): ₹2538.40
– Discount (Est): 44.7%
These stocks present potential opportunities for investors seeking undervalued assets in the Indian market. It’s important to conduct thorough research and analysis before making any investment decisions.
