American investor and mutual fund manager Peter Lynch is best known for growth at a reasonable price approach to investing. Lynch is often associated with the PEG ratio which measures PE ratios in relation to growth rates. MarketSmith has created a custom screen based on Lynch’s investment style, which identifies securities that are trading for below-average prices on a PE or PEG basis and are not already widely owned by institutions.Here are 7 Indian stocks that match Peter Lynch’s approach to investing, as listed on MarketSmith:
Market Wrap: Consumer stocks drag D-Street lower; Sensex sheds 312 pts, Nifty below 23,700
Indian benchmarks indices ended lower on Wednesday, as advances in heavyweight financials and oil and gas firms were offset by losses in consumer stocks. Investors