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.
No significant poll impact on equity mkts; Nifty to hit 30K by 2027: FidelFolio
According to the equity advisory firm, apart from a few exceptions the Nifty indices have often demonstrated an upward trajectory around elections. Despite the difficulties