Peter Lynch is best known for growth at a reasonable price approach to investing. He is often associated with the PEG ratio which measures PE ratios in relation to growth rates. Using a screener from MarketSmith India which filters out stocks based on Lynch’s philosophy, we have shortlisted 5 stocks that are trading below average prices on a PE or PEG basis and are not widely owned by institutions. The stocks having a market capitalization greater than Rs 500 crore and an average rupee volume greater than 10,000 are considered to filter stocks for the list.The commentaries are by MarketSmith India.
Top 10 PSU performers in CY24. Here’s how much they have returned
As we are at the fag end of 2024, a look back at the performance of PSU stocks shows BSE PSU index delivering nearly 29%