Low PE stocks are considered as value stocks, which are best suited for long-term investment horizons. TCS, Infosys, SBI, Tata Motors, and Avenue Supermarts are trading at lower PE than their respective industry PE, according to Trendlyne data. Meanwhile, these stocks belong to different industries and can rally up to 27%, Trendlyne data suggested.
Positive Breakout: These 6 stocks cross above their 200 DMAs
200 DMA: Rs 585.82| LTP: Rs 609.85