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.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian markets tumbled on Friday, mirroring global anxieties over the US Federal Reserve’s projected slower rate cuts. Heavy selling in financial and IT stocks pushed