- Tata Consultancy Services (TCS): A global IT services leader based in Mumbai, TCS provides consulting, cloud services, cybersecurity, and AI-driven solutions across industries like banking, healthcare, and retail. With a P/E of 22.05x (industry avg: 28.79x), TCS boasts strong fundamentals, delivering an ROE of 52.38% and ROCE of 64.63%. Despite recent revenue challenges, its robust brand and diversified portfolio make it a compelling watchlist addition.
- ITC: A diversified conglomerate, ITC operates in FMCG, hotels, agribusiness, and IT. Known for brands like Aashirvaad and Bingo, it maintains stable growth with strong cash flows. Its P/E is lower than the industry average, with consistent profitability, making it a resilient choice for investors seeking value and stability.
- NTPC: India’s largest power generation company, NTPC focuses on thermal and renewable energy, alongside coal mining and energy trading. Trading at a P/E of 13.52x (industry avg: 39.37x), it delivers an ROE of 13.59% and ROCE of 10.76%, reflecting solid fundamentals and growth potential in the energy sector.
- Hindustan Aeronautics Limited (HAL): A key player in India’s aerospace and defense, HAL designs and manufactures aircraft, helicopters, and avionics. With a recent ₹13,500 crore contract for Su-30MKI aircraft, its low P/E and strong order book make it attractive for long-term investors.
- Tata Motors: A leading automaker, Tata Motors produces vehicles under brands like Tata, Jaguar, and Land Rover. Trading at a P/E of 8.69x (industry avg: 31.82x), it offers an ROE of 28.08% and ROCE of 19.97%, signaling strong fundamentals despite market volatility.
These stocks, with up to 837% returns over five years, offer value and growth. Investors should consider adding them to their watchlist but consult a financial advisor before investing. Media Scan is not a financial adviser; please consult one.