The recent correction in the stock market has led to a good discount in many of the stocks. And the good fundamental strong business momentum stocks have witnessed a dip in their share prices. Once the market starts getting momentum, the stocks we discussed today may shoot up and can deliver you good returns. So, let’s check out the stocks that we considered to have a strong business and performance as well as are capable of generating good returns for their investors, as market rebound itself in the near future.
| Company | Current Market Price (CMP) | 1 Year Return |
| Max Financial Services Ltd | ₹1,513.20 | 61.43% |
| Medi Assist Healthcare Services Ltd | ₹499.95 | -1.95% |
| Sagility India Ltd | ₹38.45 | 23.92% |
| Sundrop Brands Ltd | ₹901.30 | 14.16% (2 Months) |
| Bharat Electronics Ltd | ₹386 | 19.49% |
Max Financial Services Ltd
| Market Cap | ₹52,147 Cr. |
| P/E Ratio | 158 |
| P/B Ratio | 9.88 |
| ROE | 7.22% |
| Debt-to-Equity | 0.19 |
The company actively manage & holds 81% stake in Axis Max Life Insurance (AMAX). Axis Bank is a major distributor partner of AMAX which also holds the remaining stake of the same. AMAX is India’s fourth largest insurance company with retail annualized premium equivalent market share 6.9%. The company’s APE is expected to grow at a CAGR of 17% for FY 2025-27.
Medi Assist Healthcare Services Ltd
| Market Cap | ₹3,524 Cr. |
| P/E Ratio | 39 |
| P/B Ratio | 6.54 |
| ROE | 18% |
| Debt-to-Equity | 0.38 |
Through its wholly owned subsidiary Medi Assist TPA and Raksha TPA, provides third party administration services to insurance companies. The company has set-up a good healthcare network all over India with 18,754 hospitals in over 1,069 cities. Due to which, the company is moving in a way to become a full health benefits administrator.
Stock for the summer : – https://growyourgains.com/waaree-energies-ltd-share-analysis/
Sagility India Ltd
| Market Cap | ₹18,004 Cr. |
| P/E Ratio | 33.4 |
| P/B Ratio | 2.16 |
| ROE | 7.3% |
| Debt-to-Equity | 0.17 |
It is a tech-enabled healthcare-focused solutions provider, which supports the core operations of payer and provider clients. Almost 90% of the company’s total revenue comes from payer clients, for providing administration and clinical services. Through its BroadPath acquisition, the company is focusing on expanding its mid-market health segment which would help to increase its business with its existing clients. The company’s management is targeting for more than 20% growth for FY 26.
Sundrop Brands Ltd
| Market Cap | ₹3,375 Cr. |
| P/E Ratio | 92.1 |
| P/B Ratio | 2.35 |
| ROE | 3.78% |
| Debt-to-Equity | 0.01 |
This company produce, sells and market various types of food products and edible oil. Its products also include ready-to-cook and ready-to-eat snakes and breakfast categories. The company has also recently acquired Del Monte Foods. In the earnings call with new management, they share their vision by focusing on core business investments. With the help of their Sundrop and Del Monte’s distribution network, they are planning to introduce new products to trigger growth for the company.
Bharat Electronics Ltd
| Market Cap | ₹2,82,157 Cr. |
| P/E Ratio | 53 |
| P/B Ratio | 14.1 |
| ROE | 29.3% |
| Debt-to-Equity | 0.00 |
The company mainly supplies electronic equipment to Indian Defense Service. The company provides radar, sonar, communication system, electronic warfare aur navigation to both Indian Armed Forces as well as for civilian purposes. The company is expected to get repeated orders due to successful use of its system. The company has also raised its annual capex to ₹10 billion and focuses on R&D and localization.
The company has delivered 10% EBITDA, which only become possible due to strong volume growth, better product mix, higher localization and operating leverage.
Although, these stocks may not be considered as undervalued if measured by PE ratio or PB ratio. However, we select them by having a strong business models, performance and past returns.
DISCLAIMER: we are not SEBI –registered, all the above information is for education purpose only, consult with your financial advisor or do your own research before investment.