Hi, Nifty and Sensex are trading at their record valuations for some time.
But there are few companies which are around their 52-lows.
Today we will tell you about 5 such large-cap or mid-cap stocks that are trading at 1-2% above their 52-week low.
On selecting these stocks, we have considered fundamentally strong companies.
Hence we will tell you about those companies that have a Market Cap of more than 5000 crores.
Return on Equity of more than 15% Debt to Equity is less than 0.5.
And Net Profit Margin more than 15%
To calculate how up the stocks are from their 52-week low, we have taken prices at market close on 24th November.
The stock which is near their 52-week will be covered at the end. So let's start today's list.
The first company is Mahanagar Gas Ltd.
It is involved in city gas distribution.
It is trading 2.28% above its 52-week low.
The company’s PE ratio is 11.05 and Debt to Equity is 0.02.
Its Return on Equity is 20.03% and Net profit margin is 28.78%.
In the last 5 years, the company's sales compounded at 0.7%.
In 1 year, the company's share price increased by 0.76%
In 5 years, the company gave a 4% annual compounded return.
The second company is HDFC Asset Management Ltd.
It is one of the biggest MNCs in India which offers many savings and investment products.
It is trading 2.26% above its 52-week low.
The company’s PE ratio is 39.26 and Debt to Equity is 0 i.e, it's a completely debt-free company.
Its Return on Equity is 30.11% and Net profit margin is 60.42%.
In the last 5 years, the company's sales compounded at 8.04%.
In 1 year, the company's share price increased by 1.01%.
On 6th August 2018, its IPO came, and from its IPO date, the share price increased by 131%
The third company is Gilette India Ltd.
It is involved in manufacturing of grooming and oral care segment.
It is trading 1.85% above its 52-week low.
The company’s PE ratio is 60.36 and Debt to Equity is 0 i.e, it is completely debt-free.
Its Return on Equity is 36.44% and Net profit margin is 15.42%.
In the last 5 years, the company's sales compounded at 2.75%.
In 1 year, the company's share price decreased by 3.27%.
In 5 years, the company gave an 5.25% annual compounded return.
The forth company is Colgate Palmolive India Ltd.
It is involve in making and manufacturing of personal care products.
It is trading 1.65% above its 52-week low.
The company’s PE ratio is 37.56 and Debt to Equity is 0.06.
Its Return on Equity is 75.07% and Net profit margin is 21.4%.
In the last 5 years, the company's sales compounded at 4.59%.
In 1 year, the company's share price decreased by 2%.
In 5 years, the company gave an 9.75% annual compounded return.
The fifth company is Procter & Gamble Health Ltd.
This company is involved in manufacturing of pharmaceuticals, bulk drugs, fine chemicals & pigments.
It is trading 1.25% above its 52-week low.
The company’s PE ratio is 48.05 and Debt to Equity is 0 i.e, it is completely debt-free.
Its Return on Equity is 22% and Net profit margin is 17.56%.
In the last 5 years, the company's sales compounded at 1.43%.
In 1 year, the company's share price decreased by 21.97%.
In 5 years, the company gave an 39.86% annual compounded return.
So these were 5 stocks which are trading near their 52-week low.
I hope you liked today’s video.
Reminding you that this video is for only educational purposes and it’s not a buy or sell recommendation.
If you liked the video, then like it and share it with friends.
We will also like to tell you that we post similar educational and investment videos in Tamil, Telugu, Kannada, Gujarati, and Malayalam.
So if you want to watch videos in any of these languages, then you must subscribe to the channel.
The links to the channels have been given in the description.
Don't forget to subscribe to Groww's channel for the latest updates about the market. Bye-bye.