THREE SMALLCAP STOCKS TRADING BELOW THEIR INDUSTRY PE TO ADD TO YOUR WATCHLIST

Below is a list of 3 fundamentally strong stocks that are trading at attractive valuations, which you can definitely keep on your watchlist

- the company is involved in creating residential, commercial, and retail spaces across India. The company’s stock is currently trading at a low P/E of 31.52x as compared to its industry average of 53.20x. Additionally, it is also trading below its 5-year and 10-year historic median P/E of 33.1x and 47.8x respectively - this is an Indian firm that produces and sells a broad spectrum of consumer electrical products. The company’s stock is currently trading at a low P/E of 39.47x as compared to its industry average of 56.06x. Additionally, it is also trading below its 5-year and 10-year historic median P/E of 41.5x and 40x respectively. - this is one of the largest manufacturers of large-diameter pipes globally. The company also manufactures BIS-certified Steel Billets, TMT Rebars, Ductile Iron Pipes, Stainless Steel Pipes, Tubes, and Bars. The company’s stock is currently trading at a low P/E of 14.35x as compared to its industry average of 24.15x. Additionally, it is also trading below its 5-year and 10-year historic median P/E of 14.5x and 16x respectively.