7 Most Undervalued Stocks for February 2024 

Published : 12 February 2024

Amara Raja Batteries Ltd

13.10%

17.92%

ROCE

ROE

9.78%

OPM

The company manufactures industrial and automotive batteries.

₹844.75

CMP

Mahanagar Gas Ltd

19.11%

23.81%

ROCE

ROE

16.90%

OPM

It falls under the wings of Maharashtra Govt and GAIL Limited.

₹1453.45

CMP

Coal India Ltd

49.20%

27.15%

ROCE

ROE

27.98%

OPM

It is globally renowned for being the largest coal manufacturer.

₹433.15

CMP

EID Parry Ltd

15.57%

27.71%

ROCE

ROE

8.10%

OPM

With 225 years of operation history, East India Distilleries Parry Limited is in the sugar and Nutraceuticals segments.

₹581.50

CMP

Oil and Natural Gas Corporation Ltd

12.62%

12.24%

ROCE

ROE

9.33%

OPM

The company is involved in the business of crude oil, natural gas, and more.

₹258.05

CMP

DCM Shriram Ltd

14.70%

17.97%

ROCE

ROE

12.69%

OPM

The company operates in two categories  i) energy-intensive  ii) agri-business.

₹987.55

CMP

Andhra Paper Ltd

33.02%

43.20%

ROCE

ROE

34.49%

OPM

The company is known as the largest manufacturer of integrated paper and pulp.

₹519.65

CMP