The below table shows Low PE Stocks In Nifty 50 based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price (rs) |
State Bank of India | 670863.08 | 751.7 |
Oil and Natural Gas Corporation Ltd | 356210.61 | 283.15 |
Coal India Ltd | 279294.85 | 453.2 |
Power Grid Corporation of India Ltd | 255069.06 | 274.25 |
Mahindra and Mahindra Ltd | 243220.2 | 2031.3 |
Tata Steel Ltd | 199798.92 | 160.05 |
Hindalco Industries Ltd | 136177.98 | 608.85 |
IndusInd Bank Ltd | 116043.61 | 1490.95 |
Content:
- What Are Low PE Stocks?
- List Of Low PE Stocks In Nifty 50
- Best Low PE Stocks In Nifty 50
- Top Low PE Stocks In Nifty 50
- Low PE Stocks In Nifty 50
- Features of Low PE Stocks In Nifty 50
- How To Invest In Low PE Stocks In Nifty 50?
- Introduction to Low PE Stocks In Nifty 50
- Best Low PE Stocks In Nifty 50 – FAQ
What Are Low PE Stocks?
Low PE stocks are shares of companies with a Price-to-Earnings (PE) ratio lower than the industry average, indicating they may be undervalued or overlooked by the market. These stocks can attract investors looking for potential bargains within the stock market.
Investing in low PE stocks can be a strategy for value investors who seek to purchase stocks at prices less than their intrinsic value. Such stocks are considered bargains as they trade at low prices relative to their earnings, suggesting they have room to grow.
However, it’s important to investigate why the PE ratio is low. It could be due to issues within the company or sector that could limit growth or lead to financial instability. Diligent research is essential to differentiate between genuinely undervalued opportunities and value traps.
List Of Low PE Stocks In Nifty 50
The table below shows a List Of Low PE Stocks In Nifty 50 based on 1 Year Return.
Name | Close Price (rs) | 1Y Return (%) |
Coal India Ltd | 453.2 | 97.39 |
Oil and Natural Gas Corporation Ltd | 283.15 | 76.8 |
Mahindra and Mahindra Ltd | 2031.3 | 67.47 |
Power Grid Corporation of India Ltd | 274.25 | 54.52 |
Tata Steel Ltd | 160.05 | 49.37 |
Hindalco Industries Ltd | 608.85 | 42.02 |
State Bank of India | 751.7 | 38.18 |
IndusInd Bank Ltd | 1490.95 | 32.61 |
Best Low PE Stocks In Nifty 50
The table below shows the Best Low PE Stocks In Nifty 50 based on 1 Month Return.
Name | Close Price (rs) | 1M Return (%) |
Hindalco Industries Ltd | 608.85 | 14.9 |
Mahindra and Mahindra Ltd | 2031.3 | 13.93 |
Tata Steel Ltd | 160.05 | 12.64 |
Coal India Ltd | 453.2 | 8.64 |
Oil and Natural Gas Corporation Ltd | 283.15 | 8.13 |
State Bank of India | 751.7 | 3.9 |
IndusInd Bank Ltd | 1490.95 | 3.88 |
Power Grid Corporation of India Ltd | 274.25 | 3.16 |
Top Low PE Stocks In Nifty 50
The table below shows the Top Low PE Stocks In Nifty 50 based on the highest day Volume.
Name | Close Price (rs) | Daily Volume (Shares) |
Oil and Natural Gas Corporation Ltd | 283.15 | 79082544 |
Tata Steel Ltd | 160.05 | 41391261 |
State Bank of India | 751.7 | 13338991 |
Hindalco Industries Ltd | 608.85 | 10722248 |
Power Grid Corporation of India Ltd | 274.25 | 9662195 |
Coal India Ltd | 453.2 | 4996845 |
IndusInd Bank Ltd | 1490.95 | 3981325 |
Mahindra and Mahindra Ltd | 2031.3 | 1981730 |
Low PE Stocks In Nifty 50
The table below shows Low PE Stocks In Nifty 50 based on the PE Ratio.
Name | Close Price (rs) | PE Ratio (%) |
Tata Steel Ltd | 160.05 | 49.79 |
Mahindra and Mahindra Ltd | 2031.3 | 24.29 |
Power Grid Corporation of India Ltd | 274.25 | 17.97 |
Hindalco Industries Ltd | 608.85 | 15.17 |
IndusInd Bank Ltd | 1490.95 | 12.18 |
State Bank of India | 751.7 | 10.59 |
Coal India Ltd | 453.2 | 8.53 |
Oil and Natural Gas Corporation Ltd | 283.15 | 6.62 |
Features of Low PE Stocks In Nifty 50
The main features of low PE stocks in the Nifty 50 include their potential undervaluation relative to earnings, making them attractive for value investing. These stocks often represent companies in cyclic industries or those temporarily facing challenges but with sound fundamentals for recovery and growth.
- Value Investment Gems: Low PE stocks in the Nifty 50 are often undervalued by the market. This makes them prime targets for value investors looking for quality stocks at discounted prices, potentially leading to substantial gains as the market corrects its undervaluation.
- Cyclic Opportunities: Many low PE stocks belong to cyclic sectors that experience fluctuations based on economic conditions. These stocks offer opportunities to buy during low cycles and benefit from potential profits during economic upturns.
- Recovery Potential: Stocks with low PE ratios may face temporary setbacks or challenges. Investors who can identify these opportunities and withstand the volatility might see significant returns as these companies recover and thrive.
How To Invest In Low PE Stocks In Nifty 50?
To invest in low PE stocks in Nifty 50 using Alice Blue, first identify stocks with low PE ratios. Open an account, fund it, and utilize the platform’s research tools to analyze and invest in these stocks, ensuring they fit your investment strategy.
Low PE stocks typically have a price-to-earnings ratio below the market average, suggesting potential undervaluation. Thoroughly research each stock’s financial stability and growth prospects to ensure they align with your investment goals.
Consider diversifying your portfolio to mitigate risk and enhance potential returns. Regularly review and adjust your investments in response to market conditions and financial performance data.
Introduction to Low PE Stocks In Nifty 50
State Bank of India
The Market Cap of the State Bank of India is ₹670,863.08 crore. The stock has achieved a 1-month return of 38.18% and a 1-year return of 3.90%. It is currently 5.55% below its 52-week high.
State Bank of India is a major banking and financial services institution based in India. It offers a broad array of products and services to various customer groups, including individuals, businesses, corporates, public bodies, and institutions. Its operations are segmented into areas like Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business.
The Treasury operations involve the bank’s investment portfolio and activities in foreign exchange and derivatives trading. Corporate/Wholesale Banking is primarily focused on serving large corporate clients and commercial enterprises, offering loans and transaction services. This segment also handles the non-treasury activities of the bank’s foreign offices and entities. Meanwhile, the Retail Banking segment deals with personal banking services, which also encompass lending to corporate customers who have banking relations with the branches.
Oil and Natural Gas Corporation Ltd
The Market Cap of Oil and Natural Gas Corporation Ltd is ₹356,210.61 crore. The stock has posted a 1-month return of 76.80% and a 1-year return of 8.13%. It is currently 3.32% below its 52-week high.
Oil and Natural Gas Corporation Limited (ONGC) is a leading crude oil and natural gas company based in India. It operates across various business segments including Exploration and Production, as well as Refining and Marketing. The company focuses on the exploration, development, and production of crude oil, natural gas, and other value-added products primarily within India. Additionally, it pursues the acquisition of oil and gas acreages internationally for similar purposes.
ONGC’s operations extend to refining and marketing petroleum products, petrochemicals, power generation, and more. It also engages in LNG supply, pipeline transportation, and the development of special economic zones and helicopter services. Geographically, its operations are divided into two segments: within India (both offshore and onshore) and international locations. ONGC’s key subsidiaries include Mangalore Refinery and Petrochemicals Limited, Hindustan Petroleum Corporation Limited, and several others, enhancing its reach and operational capabilities.
Coal India Ltd
The Market Cap of Coal India Ltd is ₹279,294.85 crore. The stock has delivered a 1-month return of 97.39% and a 1-year return of 8.64%. It is currently 7.59% below its 52-week high.
Coal India Ltd., based in India, is a significant player in the coal mining industry, managing its operations through 83 mining areas distributed across eight Indian states. The company oversees 322 mines, including 138 underground, 171 opencast, and 13 mixed mines, alongside various facilities such as workshops and hospitals.
In addition to its mining operations, Coal India Ltd. focuses on education and training, running 21 training institutes and 76 vocational training centers. The company also operates the Indian Institute of Coal Management (IICM), a premier corporate training institute offering multi-disciplinary programs. Furthermore, it holds 11 wholly owned subsidiaries including several coalfields and energy companies.
Power Grid Corporation of India Ltd
The Market Cap of Power Grid Corporation of India Ltd is ₹255,069.06 crore. The stock has achieved a 1-month return of 54.52% and a 1-year return of 3.16%. It is currently 8.99% below its 52-week high.
Power Grid Corporation of India Limited specializes in power transmission and is involved in the planning, implementation, operation, and maintenance of the Inter-State Transmission System (ISTS). This includes providing telecom and consultancy services. The company operates in several segments, namely Transmission Services, Consultancy Services, and Telecom Services, focusing on the transmission of bulk power across various states through extra high voltage/high voltage (EHV/HV) networks.
The Consultancy Services segment offers expertise in the transmission, distribution, and telecom sectors. This encompasses planning, design, engineering, load dispatch, and the use of optical ground wire (OPGW) on the intra-state transmission network. Additionally, it manages procurement, operation, maintenance, financing, and project management. The company also exploits spare optical fibers in the OPGW laid on the transmission network to offer telecom services to diverse customers, complemented by its Smart Grid technology that facilitates real-time monitoring and control of the power system.
Mahindra and Mahindra Ltd
The Market Cap of Mahindra and Mahindra Ltd is ₹243,220.20 crore. The stock has recorded a 1-month return of 67.47% and a 1-year return of 13.93%. It is currently 3.81% below its 52-week high.
Mahindra and Mahindra Limited is an Indian conglomerate involved in various sectors including farm equipment, utility vehicles, IT, and financial services. It operates through distinct segments such as Automotive, Farm Equipment, Financial Services, Industrial Businesses, and Consumer Services. The Automotive segment focuses on the sale of automobiles, spares, mobility solutions, construction equipment, and associated services.
The Farm Equipment segment primarily deals with tractors, implements, spares, and related services. Mahindra offers a diverse product range including SUVs, pickups, commercial vehicles, tractors, electric vehicles, two-wheelers, and construction equipment. The company caters to multiple industries like aerospace, agribusiness, automotive, construction, defense, energy, and more, demonstrating a wide-reaching influence across various sectors.
Tata Steel Ltd
The Market Cap of Tata Steel Ltd is ₹199,798.92 crore. The stock has seen a 1-month return of 49.37% and a 1-year return of 12.64%. It is currently 6.09% below its 52-week high.
Tata Steel Limited, based in India, is a major player in the global steel industry with an annual crude steel capacity of about 35 million tons. The company is deeply involved in the manufacturing and distribution of steel products worldwide. It engages in a comprehensive range of activities from mining and processing iron ore and coal to the production and distribution of finished steel products.
The company’s product line includes a variety of steel items such as cold-rolled sheets, BP sheets, Galvano, and hot-rolled materials like HR commercial and pickled products. Tata Steel offers high-tensile steel strapping and pre-engineered building solutions among other products. Its global brand portfolio includes names like MagiZinc, Ymagine, Ympress, and Colorcoat, covering a broad spectrum of industry needs from construction to automotive applications.
Hindalco Industries Ltd
The Market Cap of Hindalco Industries Ltd is ₹136,177.98 crore. The stock has achieved a 1-month return of 42.02% and a 1-year return of 14.90%. It is currently 2.72% below its 52-week high.
Hindalco Industries Limited, headquartered in India, stands as a prominent metals flagship company. It specializes in producing and distributing aluminum and copper products globally. The company operates across four key segments: Novelis, Aluminium Upstream, Aluminum Downstream, and Copper, delivering a diverse range of metal products.
The Novelis segment focuses on the production and sale of aluminum sheet and light gauge products across North America, South America, Europe, and Asia. In addition to mining activities like bauxite and coal, Hindalco also engages in refining and creating specialty alumina. The company’s downstream operations feature value-added products including flat rolled products, extrusions, and foils, branded under names like Eternia, Maxloader, and Freshwrapp.
IndusInd Bank Ltd
The Market Cap of IndusInd Bank Ltd is ₹116,043.61 crore. The stock has posted a 1-month return of 32.61% and a 1-year return of 3.88%. It is currently 13.65% below its 52-week high.
IndusInd Bank Limited is a comprehensive financial services provider, offering a diverse range of banking products and services. These include microfinance, personal and commercial vehicle loans, credit cards, and SME loans, catering to both individual and corporate clients.
The Bank operates through several segments such as Treasury, Corporate/Wholesale Banking, and Retail Banking. The Treasury segment handles investments, foreign exchange, and money market operations, while Corporate/Wholesale Banking focuses on corporate customers. Retail Banking is further divided into Digital Banking and Other Retail Banking, serving retail customers.
Best Low PE Stocks In Nifty 50 – FAQ
Best Low PE Stocks In Nifty 50 #1: State Bank of India
Best Low PE Stocks In Nifty 50 #2: Oil and Natural Gas Corporation Ltd
Best Low PE Stocks In Nifty 50 #3: Coal India Ltd
Best Low PE Stocks In Nifty 50 #4: Power Grid Corporation of India Ltd
Best Low PE Stocks In Nifty 50 #5: Mahindra and Mahindra Ltd
The Top Best Low PE Stocks In Nifty 50 based on market capitalization.
The top low PE stocks in the Nifty 50 include State Bank of India, Oil and Natural Gas Corporation Ltd, Coal India Ltd, Power Grid Corporation of India Ltd, and Mahindra and Mahindra Ltd. These stocks offer attractive valuations relative to their earnings, making them potential investment opportunities.
Investing in low PE stocks in the Nifty 50 can be advantageous as these stocks are often undervalued compared to their earnings, potentially offering higher returns. However, it’s crucial to research thoroughly, as a low PE might also indicate underlying issues or a lack of growth prospects in the company.
To invest in low PE stocks in the Nifty 50 through Alice Blue, start by identifying undervalued stocks with low price-to-earnings ratios. Open and fund an account, then utilize their tools to analyze these stocks’ fundamentals and market trends, ensuring they align with your investment strategy.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.