### 3 Indian Exchange Stocks Estimated Up To 38.1% Below Intrinsic Value

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The Indian market has experienced a notable uptick, rising 2.6% in the last 7 days with all sectors gaining ground, and climbing 44% over the past year. In this robust environment, identifying undervalued stocks can offer significant opportunities for investors looking to capitalize on future earnings growth projected at 17% annually.

Top 10 Undervalued Stocks Based On Cash Flows In India

Name

Current Price

Fair Value (Est)

Discount (Est)

Everest Kanto Cylinder (NSEI:EKC)

₹189.27

₹305.83

38.1%

Krsnaa Diagnostics (NSEI:KRSNAA)

₹721.65

₹1165.33

38.1%

Yatharth Hospital & Trauma Care Services (NSEI:YATHARTH)

₹493.95

₹792.81

37.7%

Venus Pipes and Tubes (NSEI:VENUSPIPES)

₹2221.10

₹4370.88

49.2%

IOL Chemicals and Pharmaceuticals (BSE:524164)

₹437.55

₹762.32

42.6%

RITES (NSEI:RITES)

₹660.15

₹1043.90

36.8%

Updater Services (NSEI:UDS)

₹348.80

₹622.90

44%

Prataap Snacks (NSEI:DIAMONDYD)

₹889.05

₹1509.79

41.1%

Patel Engineering (BSE:531120)

₹54.39

₹90.95

40.2%

Manorama Industries (BSE:541974)

₹872.35

₹1665.51

47.6%

Click here to see the full list of 30 stocks from our Undervalued Indian Stocks Based On Cash Flows screener.

Here's a peek at a few of the choices from the screener.

CMS Info Systems

Overview: CMS Info Systems Limited, with a market cap of ₹93.41 billion, operates as a cash management company in India through its subsidiaries.

Operations: The company's revenue segments (in millions of ₹) are Card Services: 890.75, Managed Services: 8.54 billion, and Cash Management Services: 15.11 billion.

Estimated Discount To Fair Value: 10.1%

CMS Info Systems is trading at ₹573.9, which is 10.1% below its estimated fair value of ₹638.7. The company's earnings are forecast to grow at 17% per year, slightly above the Indian market's growth rate of 16.9%. Despite a history of shareholder dilution and an unstable dividend track record, CMS Info Systems' revenue growth (14.4% per year) outpaces the broader market's growth rate (10%). Recent financials show strong performance with Q1 revenue rising to ₹6.11 billion from ₹5.18 billion a year ago and net income increasing to ₹907.86 million from ₹842.82 million in the same period last year.

NSEI:CMSINFO Discounted Cash Flow as at Aug 2024
NSEI:CMSINFO Discounted Cash Flow as at Aug 2024

Everest Kanto Cylinder

Overview: Everest Kanto Cylinder Limited, along with its subsidiaries, manufactures and sells gas cylinders in India and has a market cap of ₹21.24 billion.

Operations: Everest Kanto Cylinder's revenue segments include manufacturing and selling gas cylinders in India.