5 Nifty stocks trading at significant discounts of up to 36% to historical averages. How many do you have?
By Veer Sharma, ETMarkets.com |
1/6
Sale season
After a volatile year for Indian equities, several Nifty 50 stocks are now trading at significant discounts to their historical valuation averages. While the correction reflects concerns amid geopolitical worries, experts believe the sharp derating has created attractive opportunities for long term investors.
2/6
Bharti Airtel
The stock is trading at a significant 36% discount to historical averages. The stock is down 6% on a YTD basis.
3/6
Tata Consultancy Services
The stock is trading at a significant 36% discount to historical averages. The share price is down 26% on a YTD basis.
4/6
Infosys
The IT major is trading at a significant 29% discount to historical averages. The share price is down 30% on a YTD basis.
5/6
Apollo Hospitals
The healthcare giant is trading at a significant 33% discount to historical averages. The share price is up nearly 30% on a YTD basis.
6/6
Trent
The retail arm of Tata Group is trading at a significant 27% discount to historical averages. The share price is up 5% on a YTD basis.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)