5 Fundamentally strong stocks trading at discount of more than 30% to add in your watchlist

Fundamentally strong stocks refer to shares of companies that are considered financially healthy and well-positioned for long-term growth. These stocks typically have strong financial performance, solid earnings, low debt, a competitive market position, and good management.

Investors often view these stocks as stable and less risky, as the companies behind them show consistent revenue growth, profitability, and potential for future success.

Listed below are some of the fundamental stocks trading at a discount of more than 30%

1. Gravita India Ltd

Gravita India Ltd, established in 1992 and headquartered in Jaipur, Rajasthan, is one of India’s leading recycling companies specializing in non-ferrous metals. The company operates globally, providing recycling solutions for lead, aluminum, plastics, and rubber. It is known for its expertise in lead acid battery recycling and has a strong presence in numerous countries.

With a market capitalization of Rs. 13,263.75 Crores, the shares of Gravita Ltd have declined almost 34 percent from an all-time high of Rs. 2,699.85 to the current market price of Rs. 1,792.15.

The company’s revenue rose by 16.9 percent from Rs. 914.73 crore to Rs. 1,070 crore in Q1FY25-26. Meanwhile, the Net profit rose from  Rs. 67.33 crore to  Rs. 93.26 crore during the same period.

2. Inox Wind Ltd

Inox Wind Ltd is one of India’s largest wind energy solutions providers. The company manufactures wind turbine generators and offers turnkey solutions for wind power projects, including operation, maintenance, and wind resource assessment. It is part of the INOX Group and is known for its integrated wind energy manufacturing plants located in Gujarat, Himachal Pradesh, and Madhya Pradesh.

With a market capitalization of Rs. 26,251.93 Crores, the shares of Inox Wind Ltd have declined almost 41 percent from an all-time high of Rs. 258.43 to the current market price of Rs. 152.95.

The company’s revenue rose by 132 percent from Rs. 563.07 crore to Rs. 1,310.65 crore in Q4FY24-25. Meanwhile, the Net profit rose  from  Rs. 46.54 crore to  Rs. 186.87 crore during the same period.

3. Shakti Pumps Ltd

Shakti Pumps (India) Ltd specializes in the manufacture of energy-efficient submersible pumps and motors, primarily used for agricultural, industrial, and domestic applications. With a strong export network, the company is recognized for its solar pumping solutions and advanced stainless steel water pumps, serving customers in India and numerous other countries worldwide.

With a market capitalization of Rs. 11,005.25 Crores, the shares of Shakti Pumps Ltd have declined almost 36 percent from an all-time high of Rs. 1,398.00 to the current market price of Rs. 891.75.

The company’s revenue rose by 9.7 percent from Rs. 610.13 crore to Rs. 669.76 crore in Q4FY24-25. Meanwhile, the Net profit rose  from  Rs. 89.66 crore to  Rs. 110.23 crore during the same period.

4. National Aluminium Company Ltd

National Aluminium Company Ltd (NALCO), a Navratna CPSE under the Ministry of Mines, Government of India, is a leading aluminium producer and exporter. Established in 1981, NALCO operates integrated alumina-aluminium complexes that encompass bauxite mining, alumina refining, smelting, and power generation. The company is also involved in renewable energy projects.

With a market capitalization of Rs. 33,206.30 Crores, the shares of National Aluminium Company Ltd have declined almost 31 percent from an all-time high of Rs. 263.10 to the current market price of Rs. 180.80.

The company’s revenue rose by 47.2 percent from Rs. 3,663.09 crore to Rs. 5,393.44 crore in Q4FY24-25. Meanwhile, the Net profit rose  from  Rs. 996.74 crore to  Rs. 2,067.23 crore during the same period.

5. Jyoti CNC Automation Ltd

Jyoti CNC Automation Ltd is one of India’s prominent manufacturers of computer numerical control (CNC) machines. Based in Rajkot, Gujarat, the company caters to the automotive, aerospace, defense, and engineering sectors. Jyoti CNC is recognized for its advanced machining solutions and strong export presence, supplying high-precision equipment to clients in India and across the globe.

With a market capitalization of Rs. 22,914.01 Crores, the shares of Jyoti CNC Automation Ltd have declined almost 33 percent from an all-time high of Rs. 1,501.65 to the current market price of Rs. 1007.55.

The company’s revenue rose by 26.9 percent from Rs. 453.12 crore to Rs. 575.25 crore in Q4FY24-25. Meanwhile, the Net profit rose  from  Rs. 99.64 crore to  Rs. 108.97 crore during the same period.

Written by Sridhar J 

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.