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KPIT, Groww and other stocks with PEG ratio less than 1 and ROCE of up to 60% to add to your watchlist

Alex Smith

Alex Smith

1 week ago

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KPIT, Groww and other stocks with PEG ratio less than 1 and ROCE of up to 60% to add to your watchlist

Synopsis: Premier Energies, KPIT Technologies, Shakti Pumps, Schneider Electric Infrastructure, and Billionbrains Garage Ventures combine strong financial efficiency with PEG ratios below 1, reflecting high ROCE.

Investors seek growth at a reasonable price. A PEG ratio below 1 signals potential undervaluation, while a high ROCE reflects strong operational efficiency. Together, they help identify fundamentally strong, high-growth stocks.

These stocks in renewable energy, technology, industrial solutions, electrical infrastructure, and digital financial services are showing PEG ratios below 1 along with high ROCE and ROE, indicating strong growth potential and operational efficiency.

Premier Energies Ltd

Premier Energies Ltd is an Indian renewable energy company primarily engaged in manufacturing solar photovoltaic cells and modules. It plays a key role in India’s solar ecosystem, serving utility-scale, rooftop, and off-grid solar projects. The company focuses on vertically integrated solar manufacturing and supports India’s clean energy and energy security goals.

With a market capitalisation of Rs. 31,451 cr, the shares of Premier Energies Ltd closed at Rs. 694.30 per share, down by 3.6 percent from its previous close of Rs. 720.15 per share. 

The company has a very low PEG ratio of 0.09, indicating strong growth potential relative to its price. Its financial efficiency is impressive, with a ROCE of 41.1 percent and a ROE of 53.6 percent.

KPIT Technologies Ltd

KPIT Technologies Ltd is a global technology company specializing in software solutions for the automotive and mobility industry. It works closely with leading OEMs to develop solutions in electric vehicles, autonomous driving, connected vehicles, and embedded software. KPIT is known for its strong focus on innovation, engineering excellence, and sustainability-driven mobility.

With a market capitalisation of Rs. 27,111 cr, the shares of KPIT Technologies Ltd closed at Rs. 988.95 per share, down by 5.1% from its previous close of Rs. 1,042.50 per share. 

The company shows solid profitability with a ROCE of 40.0 percent and a ROE of 32.5 percent. Its PEG ratio of 0.91 suggests the stock is reasonably valued relative to its growth.

Shakti Pumps (India) Ltd

Shakti Pumps (India) Ltd is a leading manufacturer of stainless-steel pumps and motors, with a strong presence in solar-powered pumping systems. The company serves agriculture, irrigation, water supply, and industrial segments, both in India and internationally. It is a major beneficiary of renewable energy adoption in agriculture, especially through government-supported solar pump schemes.

With a market capitalisation of Rs. 7,532 cr, the shares of Shakti Pumps (India) Ltd closed at Rs. 610.40 per share, down by 1.7 percent from its previous close of Rs. 620.95 per share. 

The company demonstrates strong financial performance, with a ROCE of 55.3 percent and a ROE of 42.6 percent. Its PEG ratio of 0.24 indicates significant growth potential relative to its current valuation.

Schneider Electric Infrastructure Ltd

Schneider Electric Infrastructure Ltd is the Indian arm of Schneider Electric, focusing on power distribution and electrical infrastructure solutions. The company provides products and systems for energy management, automation, and grid modernization. It supports utilities, industries, and infrastructure projects with an emphasis on efficiency, safety, and sustainable power solutions.

With a market capitalisation of Rs. 16,775 cr, the shares of Schneider Electric Infrastructure Ltd closed at Rs. 701.60 per share, up by 1.2 percent from its previous close of Rs. 693.15 per share. 

The company exhibits robust profitability, with a ROCE of 40.9 percent and an impressive ROE of 74.0 percent. Its PEG ratio of 0.59 suggests attractive growth potential relative to its current valuation.

Billionbrains Garage Ventures Ltd

Billionbrains Garage Ventures Ltd is the parent company of Groww, a popular Indian digital investment platform. It offers users access to mutual funds, stocks, ETFs, and other financial products through a simple, app-based interface. The company focuses on increasing financial inclusion and simplifying investing for retail investors, especially millennials and first-time market participants.

With a market capitalisation of Rs. 1,03,716 cr, the shares of Billionbrains Garage Ventures Ltd closed at Rs. 168 per share, down by 5.1 percent from its previous close of Rs. 177.05 per share. 

The company shows exceptional efficiency, with a ROCE of 62.6 percent and a ROE of 49.9 percent. Its PEG ratio of 0.56 indicates strong growth potential relative to its current stock price.

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