Value Stocks: List of Top Ten Value Shares
If you’re looking to invest in the stock market, you may have heard of value stocks. But what exactly are they, and why should you consider them for your investment portfolio? This blog will explore the concept of value stocks India, their benefits, how to identify them, and common mistakes to avoid when investing in them.
Top 10 Value Stocks in India to Consider
Here are the best value stocks to consider in India:
| symbol | Company | ticker | slug | Sector | Market Price | 52W High | 52W Low | Market Cap (Cr.) | PE Ratio | Industry PE | PB Ratio | Div. Yield (%) | ROE (%) | 1YReturns | 3YReturns | 5YReturns | Market Cap Label | Industry Group | Industry | Sub Industry | percentageChange |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ADAI | Adani Energy Solutions Ltd | ADANIENSOL | /stocks/adani-transmission-ADAI | Power Infrastructure | 771.30 | 1,348.00 | 588.00 | 92,654.93 | 81.47 | 20.48 | 6.76 | 0.00 | 8.56 | -32.81 | -61.83 | 131.59 | Midcap | Utilities | Electric Utilities | Electric Utilities | 0.00 |
| ADEL | Adani Enterprises Ltd | ADANIENT | /stocks/adani-enterprises-ADEL | Commodities Trading | 2,380.55 | 3,743.90 | 2,025.00 | 274,758.49 | 84.81 | 43.96 | 6.22 | 0.05 | 7.89 | -22.95 | 27.29 | 1,010.59 | Largecap | Capital Goods | Trading Companies & Distributors | Trading Companies & Distributors | 0.00 |
| ADNA | Adani Green Energy Ltd | ADANIGREEN | /stocks/adani-green-energy-ADNA | Renewable Energy | 1,006.85 | 2,174.10 | 870.25 | 159,488.31 | 144.99 | 20.48 | 9.14 | 0.00 | 8.87 | -40.59 | -40.70 | 405.70 | Largecap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | 0.00 |
| BBRM | Bombay Burmah Trading Corporation, Ltd | BBTC | /stocks/bombay-burmah-trading-corporation-BBRM | Tea & Coffee | 1,977.30 | 2,975.00 | 1,318.20 | 13,796.00 | 20.16 | 50.24 | 2.07 | 0.06 | 10.98 | 19.54 | 79.71 | 76.05 | Smallcap | Food, Beverage & Tobacco | Beverages | Packaged Foods & Meats | 0.00 |
| GESC | Great Eastern Shipping Company Ltd | GESHIP | /stocks/great-eastern-shipping-company-GESC | Oil & Gas - Storage & Transportation | 932.95 | 1,543.70 | 890.00 | 13,319.46 | 5.10 | 11.56 | 1.07 | 4.69 | 23.06 | -2.16 | 197.17 | 190.23 | Smallcap | Energy | Oil, Gas & Consumable Fuels | Oil & Gas Storage & Transportation | 0.00 |
| MAPM | CE Info Systems Ltd | MAPMYINDIA | /stocks/ce-info-systems-MAPM | Software Services | 1,648.05 | 2,747.85 | 1,513.00 | 8,965.96 | 66.93 | 35.34 | 13.59 | 0.21 | 22.29 | -20.12 | -11.16 | 18.25 | Smallcap | Software & Services | Software | Application Software | 0.00 |
| REXP | Rajesh Exports Ltd | RAJESHEXPO | /stocks/rajesh-exports-REXP | Precious Metals, Jewellery & Watches | 214.35 | 374.55 | 203.65 | 6,328.90 | 18.86 | 37.17 | 0.42 | 0.00 | 2.24 | -42.00 | -74.79 | -69.43 | Smallcap | Consumer Durables & Apparel | Textiles, Apparel & Luxury Goods | Apparel, Accessories & Luxury Goods | 0.00 |
| RYMD | Raymond Ltd | RAYMOND | /stocks/raymond-RYMD | Apparel & Accessories | 1,522.55 | 2,380.00 | 960.22 | 10,132.79 | 6.19 | 37.17 | 2.00 | 0.66 | 40.74 | 37.42 | 270.62 | 275.56 | Smallcap | Real Estate Management & Development | Textiles, Apparel & Luxury Goods | Real Estate Development | 0.00 |
| STEN | Sterling and Wilson Renewable Energy Ltd | SWSOLAR | /stocks/sterling-and-wilson-solar-STEN | Renewable Energy Equipment & Services | 413.35 | 828.00 | 411.35 | 9,651.49 | -45.54 | 43.96 | 10.11 | 0.00 | -59.30 | -10.40 | 0.90 | 33.06 | Smallcap | Capital Goods | Semiconductors & Semiconductor Equipment | Construction & Engineering | 0.00 |
| TNSL | Tanla Platforms Ltd | TANLA | /stocks/tanla-platforms-TNSL | Software Services | 672.80 | 1,239.00 | 631.90 | 9,057.06 | 16.52 | 35.34 | 4.66 | 1.78 | 31.70 | -43.59 | -67.37 | 890.87 | Smallcap | Software & Services | Software | Application Software | 0.00 |
Disclaimer: Please note that the above table is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.
Note: The data in the value stocks list is dynamic and subject to real-time changes. This data was derived on 23rd December 2024 from the Tickertape Stock Screener using the following filters:
- Stock Universe: Nifty 500
- Price to Intrinsic Value Rank: Sorted from Highest to Lowest
🚀 Pro Tip: You can use Tickertape’s Stock Screener to research and evaluate stocks with over 200+ filters and parameters.
Overview of the Best Value Stocks in India
Here are brief overviews of the best intrinsic value stocks India listed above:
Rajesh Exports Ltd
Rajesh Exports Ltd is an Indian company engaged in the gold and jewellery business. It operates across the value chain, including refining, designing, and retailing of gold products. The company also exports gold jewellery to various international markets and has a significant retail presence through its brand, Shubh Jewellers. As of 23rd December 2024, the company had a market capitalisation of Rs. 6,925.32 cr., and its share price closed at Rs. 234.55. The company had a PE ratio of 20.64, and its price-to-intrinsic value rank is 99.64.
Raymond Ltd
Raymond Ltd is an Indian textiles and apparel company recognised for suiting fabrics and ready-to-wear clothing. Established in 1925, the company operates across various segments, including branded textiles, garments, engineering tools, and real estate. As of 23rd December 2024, this high value stock in India had a market capitalisation of Rs. 11,520.39 cr., and its share price closed at Rs. 1,731.05. The company had a PE ratio of 7.03, and its price-to-intrinsic value rank is 99.40.
Adani Green Energy Ltd
Adani Green Energy Ltd (AGEL) is a renewable energy company under the Adani Group. The company develops, owns, and operates solar and wind energy projects. It has a significant portfolio of renewable energy assets across India and is focused on expanding its capacity to support the transition to clean energy. As of 23rd December 2024, the company had a market capitalisation of Rs. 1,66,957.02 cr., and its share price closed at Rs. 1,054.00. The company had a PE ratio of 151.78, and its price-to-intrinsic value rank is 99.16.
Sterling and Wilson Renewable Energy Ltd
Sterling and Wilson Renewable Energy Ltd is an Indian company specialising in engineering, procurement, and construction (EPC) services for solar power projects. It operates globally and provides end-to-end solutions, including project design, installation, and maintenance. As of 23rd December 2024, the company had a market capitalisation of Rs. 10,578.46 cr., and its share price closed at Rs. 453.05. The company had a PE ratio of 49.92, and its price-to-intrinsic value rank is 98.68.
Tanla Platforms Ltd
Tanla Platforms Ltd is a telecommunications technology company that provides cloud communication solutions. It offers services such as application-to-person (A2P) messaging, communication platforms as a service (CPaaS), and blockchain-based communication solutions. As of 23rd December 2024, the company had a market capitalisation of Rs. 9,109.56 cr., and its share price closed at Rs. 676.70. The company had a PE ratio of 16.61, and its price-to-intrinsic value rank is 98.20.
Adani Enterprises Ltd
Adani Enterprises Ltd is the flagship entity of the Adani Group, serving as an incubator for new businesses. It operates across multiple sectors, including mining, logistics, agriculture, and renewable energy. As of 23rd December 2024, the company had a market capitalisation of Rs. 2,78,151.78 cr., and its share price closed at Rs. 2,409.95. The company had a PE ratio of 85.86, and its price-to-intrinsic value rank is 98.08.
Adani Energy Solutions Ltd
Adani Energy Solutions Ltd, formerly Adani Transmission Ltd, is a power transmission and distribution company. It operates and maintains electricity transmission lines and substations, primarily in India, and has been expanding into renewable energy-based transmission networks. As of 23rd December 2024, the company had a market capitalisation of of Rs. 96,817.37 cr., and its share price closed at Rs. 805.95. The company had a PE ratio of 85.13, and its price-to-intrinsic value rank is 97.60.
Bombay Burmah Trading Corporation Ltd
Bombay Burmah Trading Corporation is one of India’s oldest companies, established in 1863. It operates in diverse industries, including plantations (tea and coffee), auto components, healthcare, and real estate. The company is part of the Wadia Group and operates domestically and internationally. As of 23rd December 2024, the company had a market capitalisation of Rs. 14,802.46 cr., and its share price closed at Rs. 2,121.55. The company had a PE ratio of 21.63, and its price-to-intrinsic value rank is 97.24.
Great Eastern Shipping Company Ltd
Great Eastern Shipping Company Ltd is India’s largest private-sector shipping company. It operates in two main segments: shipping and offshore. The shipping segment includes transporting crude oil, petroleum products, and dry bulk commodities, while the offshore segment focuses on oil and gas exploration and production services. As of 23rd December 2024, the company had a market capitalisation of Rs. 14,034.73 cr., and its share price closed at Rs. 983.05. The company had a PE ratio of 5.37, and its price-to-intrinsic value rank is 96.40.
CE Info Systems Ltd
CE Info Systems Ltd, commonly known by its brand MapmyIndia, provides digital mapping, geospatial software, and location-based IoT solutions. It caters to various automotive, logistics, and e-commerce industries, offering products like navigation systems, GPS trackers, and real-time data analytics. As of 23rd December 2024, the company had a market capitalisation of Rs. 8,728.76 cr., and its share price closed at Rs. 8,728.76. The company had a PE ratio of 65.16, and its price-to-intrinsic value rank is 95.80.
What are Value Stocks?
Value stocks are shares of companies that appear undervalued relative to their intrinsic worth, as assessed by financial metrics such as earnings, dividends, or asset values. Investors in value stocks aim to identify companies trading below their fair value, often expecting the stock price to rise as the market corrects the undervaluation over time. Value stock investing is based on the idea that the market will recognise the stock’s true potential, and it will increase in value while making strong returns.
How to Invest in Value Stocks?
One way to invest in value shares is through traditional stock market investing. This involves researching individual companies and buying shares of stock directly. The importance of valuation here is great.
Another way to invest in these stocks in India is through exchange-traded funds (ETFs). Investors can choose from various value-oriented ETFs, which provide exposure to a diversified portfolio of valued shares.
Mutual funds are another option for investing in value shares. These are professionally managed investment portfolios that pool money from multiple investors to buy a diversified portfolio of stocks. Like ETFs, there are a variety of mutual funds that focus on value investing.
Investing in Value Stocks via smallcase
You can also invest in a basket of high intrinsic value stocks via smallcase. Simply go to smallcase.com or the smallcase app, and login via your phone number. Then, go to ‘Discover‘ and then click on ‘All smallcases‘. There you can filter the smallcases based on ‘investment strategy’ by selecting ‘value’. You’ll find an array of stock portfolios that are based on the value investing strategy. Just pick the one that fits your investment criterion.
Make sure that you do your diligent research before picking the right stock, keeping in mind your long-term investment goals and risk appetite.
However, if you’re confused about which stocks to pick, you can explore smallcases:
- smallcases are readymade portfolios of stocks/ETFs, that are based on a theme idea or strategy
- They’re created and managed by SEBI-registered experts
- smallcase.com offers over 500+ stock portfolios, created by 180+ managers
- Some of the popular smallcases among new investors are as follows:
Disclosures for aforementioned smallcases
Features of the Best Value Stocks in India
Value stocks, being undervalued, are priced lower than growth stocks. They exhibit key characteristics, including a high dividend yield resulting from underperforming securities and a low price-to-earnings ratio. Additionally, value stocks demonstrate stability with less price volatility during market fluctuations, whether in highs or lows.
- Affordability: NSE Value stocks, priced lower than their growth counterparts, offer an affordable entry point for investors.
- Dividend Yield: These top undervalued stocks India, including high book value penny stocks, boast a high dividend yield, a result of underperforming securities, providing an attractive source of income for investors seeking dividends.
- Stability in Price: A distinctive trait of value stocks NSE is their resilience to market fluctuations, maintaining a steadier price even during market highs and lows.
By focusing on these features, investors can strategically incorporate value stocks into their portfolios for a more balanced and stable investment approach.
Risks of Investing in Value Stocks
Here are a few common mistakes that can become potential risks, while investing in these stocks.
- Focusing solely on low price: A low price does not necessarily indicate a good value investing stocks.
- Ignoring fundamental analysis: It’s important to conduct a thorough fundamental analysis to ensure the company has strong fundamentals.
- Overlooking market trends: While investing in value stocks requires a long-term strategy, it’s also important to consider market trends and potential headwinds.
- Not having a long-term investment strategy: Investing in value pick stocks India requires patience and a long-term investment horizon.
Advantages of Investing in Value Stocks
Here are the various advantages of investing in Value Stocks:
- Historical performance: Historically, value stocks have outperformed growth stocks over the long term.
- Lower risk: Value stocks are often considered less risky than growth stocks and the downside risk may be limited.
- Long-term investment: Investing in high value stocks in India requires a long-term investment strategy, which can help reduce short-term market volatility’s effects.
- Diversification: Investing in value stocks can help to diversify your portfolio and reduce overall portfolio risk.
Factors to Help Identify a Value Stock
Here are some measures used by value investors in India to estimate the value of a company’s stock:
- P/S ratio or the Price-to-sales ratio: In this approach, the estimation is made by dividing the market capitalisation by the total annual income of the firm. Market capitalisation is calculated by multiplying the number of outstanding shares by the share’s current market value. A low price-to-sales ratio could be an indicator of a value stock.
- P/E ratio or Price-to-earnings ratio: It is determined by dividing the stock price by the company’s earnings per share. The ratio makes it easier to see how the market’s stock price and actual earnings per book are connected. Low price-to-earnings ratio shows that it’s an undervalued share because the market has not yet realised its potential.
- P/B Ratio or the Price-to-book ratio: This is calculated by dividing the stock price of a company by its book value. The ratio of a company’s common shares to its outstanding shares is called book value per share (BVPS). This shows the asset value of a corporation on a per-share basis.
- Free cash flow: You should also look out for a company’s free cash flow, which represents a company’s net cash flow following all capital and operating expenses.
- Historical performance: To determine how they will fight bears in the future, you may also examine their past performance and how they have handled challenging economic times. Additionally, you may examine their future goals and determine how much potential they have.
To Wrap It Up…
In conclusion, investing in a value investing strategy can be apt for any investment portfolio. By identifying these stocks with the potential to rise in value over time, investors can achieve diversification, potential returns, and a margin of safety. Whether you choose traditional stock market investing, ETFs, or mutual funds, it’s important to do your research and consider the company’s financial health, growth potential, and industry trends before making a decision.
Frequently Asked Questions About Value Stocks
1. Rajesh Exports Ltd
2. Raymond Ltd
3. Adani Green Energy Ltd
Note: This under value share list is sorted according to their price to intrinsic value rank. The data was taken on 23rd December 2024 and is meant for educational purposes only.
You can invest in a basket of value stocks via smallcase. Simply go to smallcase.com or the smallcase app, and login via your phone number. Then, go to ‘Discover‘ and then click on ‘All smallcases‘. There you can filter the smallcases based on ‘investment strategy’ by selecting ‘value’. You’ll find an array of stock portfolios that are based on the value investing strategy.
In 2022, high book value stocks outperformed growth stocks as the Federal Reserve raised interest rates. However, in 2024, growth stocks have outperformed worth stocks so far. Investors must consider their investment goals and risk appetite before investing in Value Stocks.
Defensive investors with low risk tolerance can find value stocks appealing. These stocks offer protection against losses and the potential for gains when the market realises their true worth during stock valuation. However, one must asses their investment goals and risk appetite before investing.
Value stocks, compared to growth stocks, carry lower risk. They exhibit greater stability and lower volatility, providing moderate potential for capital appreciation while offering a consistent income stream through dividends. Investors should comprehend both growth potential and challenges posed by these stocks before investing.
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