THREE SMALLCAP STOCKS TRADING AT A DISCOUNT OF 50% TO KEEP ON YOUR WATCHLIST

Sometimes small companies go unnoticed as compared to large companies, however some of these small companies are in a good financial health with almost no debt. Such companies become attractive to long-term investors, specially when trading at a big discount to their all time high prices. Some stocks are:

- this is an automobile company that designs, develops, and manufactures a wide range of vehicles, including light and heavy commercial vehicles, multi-utility vehicles, and agricultural tractors. The company has a strong financial position with a debt-to-equity ratio of 0 as well as a healthy ROE of 20% and ROCE of 30%. The stock is currently trading at a discount of 20% from it's all time high price. - the company manufactures specialty performance chemicals for various industries, with a strong focus on textiles. It has manufacturing plants in India and Malaysia and exports its products to numerous countries. The company has a strong financial position with a debt-to-equity ratio of 0 as well as a healthy ROE of 18% and ROCE of 23%. The stock is currently trading at a discount of 30% from it's all time high price. - this is a manufacturer of forged and machined components including hot rolled forged, machined bearing rings and automotive components for various segments of vehicles. The company has a strong financial position with a debt-to-equity ratio of 0 as well as a healthy ROE of 19% and ROCE of 22%. The stock is currently trading at a discount of 50% from it's all time high price.