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Bargain Buys: 8 Large-Cap Stocks Below Industry PE Levels Set to Soar

Investors looking for long-term opportunities often turn to low PE (price-to-earnings) stocks, also known as value stocks. According to data from Trendlyne, several major companies like SBI, LIC, Infosys, HCL Tech, and L&T are currently trading at PE ratios lower than their industry averages. These stocks have the potential to increase in value by up to 13%, based on Trendlyne’s analysis.

Here’s a look at some of these stocks and their potential upsides:

These stocks are currently trading below their industry PE levels, making them attractive buys. With the potential for growth up to 13%, they could offer good returns for investors.

1. SBI Life

  • Target Price: ₹880
  • Upside Potential: 6%
  • Current PE: 10.8
  • Industry PE: 15

SBI Life is trading at a PE of 10.8, significantly lower than the industry average of 15. Brokers have set a target price of ₹880, indicating a 6% potential upside.

2. LIC (Life Insurance Corporation)

  • Target Price: ₹1,089
  • Upside Potential: 6%
  • Current PE: 16.15
  • Industry PE: 83.1

LIC, with a PE of 16.15 compared to the industry’s 83.1, is expected to reach ₹1,089, offering a 6% gain from its current price.

3. Infosys

  • Current Price: ₹1,465
  • Target Price: ₹1,593
  • Upside Potential: 9%
  • Current PE: 23.19
  • Industry PE: 30.3

Infosys is trading at a PE of 23.19, below the industry average of 30.3. With a target price of ₹1,593, it shows a 9% upside potential.

4. Hindustan Unilever (HUL)

  • Current Price: ₹2,369
  • Target Price: ₹2,548
  • Upside Potential: 8%
  • Current PE: 54.1
  • Industry PE: 55.2

HUL’s current PE is 54.1, slightly below the industry PE of 55.2. Analysts have set a target price of ₹2,548, suggesting an 8% rise.

5. Larsen & Toubro (L&T)

  • Target Price: ₹3,911
  • Upside Potential: 8%
  • Current PE: 39.03
  • Industry PE: 39.5

L&T, with a PE of 39.03 compared to the industry average of 39.5, has a target price of ₹3,911, indicating an 8% upside.

6. HCL Technologies

  • Current Price: ₹1,345
  • Target Price: ₹1,518
  • Upside Potential: 13%
  • Current PE: 23.25
  • Industry PE: 30.3

HCL Technologies is trading at a PE of 23.25, below the industry PE of 30.3. The target price of ₹1,518 suggests a significant 13% upside potential.

7. Axis Bank

  • Current Price: ₹1,174
  • Target Price: ₹1,296
  • Upside Potential: 10%
  • Current PE: 13.74
  • Industry PE: 15

Axis Bank’s PE is 13.74, lower than the industry average of 15. With a target price of ₹1,296, it shows a 10% potential upside.

8. Sun Pharma

  • Current Price: ₹1,486
  • Target Price: ₹1,592
  • Upside Potential: 7%
  • Current PE: 37.25
  • Industry PE: 40

Sun Pharma, trading at a PE of 37.25 against an industry PE of 40, has a target price of ₹1,592, offering a 7% upside.

These eight large-cap stocks, all trading below their industry PE levels, present a compelling opportunity for investors. With potential gains ranging from 6% to 13%, they are poised for growth and could offer substantial returns. Now might be the perfect time to add these undervalued gems to your portfolio.

Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.​​

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