In This Article:
In the last week, the Indian market is up 1.7% and has surged by 41% over the last 12 months, with earnings forecasted to grow by 17% annually. In this thriving environment, identifying undervalued stocks can provide significant opportunities for investors looking to capitalize on potential growth at a reasonable price.
Top 10 Undervalued Stocks Based On Cash Flows In India
Name | Current Price | Fair Value (Est) | Discount (Est) |
Prataap Snacks (NSEI:DIAMONDYD) | ₹810.55 | ₹1509.79 | 46.3% |
Venus Pipes and Tubes (NSEI:VENUSPIPES) | ₹2328.75 | ₹4407.07 | 47.2% |
Apollo Pipes (BSE:531761) | ₹632.75 | ₹1144.25 | 44.7% |
Titagarh Rail Systems (NSEI:TITAGARH) | ₹1339.50 | ₹2174.22 | 38.4% |
Patel Engineering (BSE:531120) | ₹61.67 | ₹94.55 | 34.8% |
IOL Chemicals and Pharmaceuticals (BSE:524164) | ₹511.25 | ₹762.32 | 32.9% |
IRB Infrastructure Developers (NSEI:IRB) | ₹60.23 | ₹93.25 | 35.4% |
Artemis Medicare Services (NSEI:ARTEMISMED) | ₹293.15 | ₹445.15 | 34.1% |
Rajesh Exports (NSEI:RAJESHEXPO) | ₹296.15 | ₹585.75 | 49.4% |
Tarsons Products (NSEI:TARSONS) | ₹440.45 | ₹708.31 | 37.8% |
Let's uncover some gems from our specialized screener.
Jindal Steel & Power
Overview: Jindal Steel & Power Limited operates in the steel, mining, and infrastructure sectors in India and internationally, with a market cap of ₹1.06 trillion.
Operations: The company's revenue primarily comes from manufacturing steel products, totaling ₹510.56 billion.
Estimated Discount To Fair Value: 15.2%
Jindal Steel & Power (JSPL) is trading at ₹1043.1, which is 15.2% below its estimated fair value of ₹1229.36, indicating potential undervaluation based on cash flows. The company's earnings are forecast to grow significantly at 24% annually over the next three years, outpacing the Indian market's expected growth rate of 17.1%. Recent strategic alliances with Jindal Renewables to integrate green hydrogen and renewable energy further enhance JSPL's long-term sustainability and cost-efficiency in steel production.
Strides Pharma Science
Overview: Strides Pharma Science Limited develops, manufactures, and sells pharmaceutical products across multiple regions including Africa, Australia, North America, Europe, Asia, India, and internationally with a market cap of ₹127.77 billion.
Operations: The company's revenue from the pharmaceutical business, excluding bio-pharmaceuticals, totals ₹42.09 billion.