Undervalued Penny Stocks in India

Undervalued penny stocks are those that are trading at a lower price than their intrinsic value.

Value investors prefer to invest in undervalued stocks because they offer a margin of safety in their valuations. They usually trade at low PE and PB ratios.

Here's a list of undervalued penny stocks in India.

Company	CMP (Rs)	P/E (x)	P/BV (x)	Price / Sales (x)	MCap (Rs m)	RoE (Latest, %)	D/E (Curr FY, x)
VISA STEEL	16.8	0.1	NM	0.2	1,949	0.0%	-1.4
MANDHANA INDUSTRIES	9.8	0.1	NM	0.0	32	524.6%	0.5
GAYATRI HIGHWAYS	0.8	0.1	NM	0.2	194	0.0%	-2.2
SUNRISE INDUSTRIAL	7.2	0.1	0.0	0.1	4	1.8%	0.0
SATVAH.ISPAT	2.3	0.1	NM	0.4	116	0.0%	-1.5
ESSAR SHIPPING	11.7	0.1	NM	0.7	2,415	0.0%	-0.8
MIRCH MIREX	2.2	0.2	0.3	0.0	2	88.2%	0.7
GVK POWER & INFRA	4.0	0.2	NM	0.3	6,333	0.0%	-5.1
SOUTHERN GAS	71.6	0.2	NM	0.0	2	13.2%	0.0
ADITYA BIRLA NUVO	15.3	0.2	1.5	0.0	1,993	14.0%	2.5
POLARIS CONSULTING	4.9	0.2	3.7	0.0	505	15.3%	0.0
GLOBAL OFFSHORE	38.3	0.2	2.0	1.5	946	0.0%	-2.7
TULSYAN NEC	62.9	0.3	0.3	0.1	1,049	550.2%
SIDDHA VENTURES	6.7	0.3	0.2	0.0	67	1.6%	0.0
GFL	68.3	0.3	0.3	1.1	7,504	NM	0.2
BLOOM DEKOR	11.1	0.4	NM	0.7	76	0.0%	-2.6
DILIGENT MEDIA CORPORATION	2.9	0.4	NM	5.3	346	0.0%	-0.8
TARRIF CINE	13.8	0.4	0.0	0.0	27	22.1%	0.1
STARLOG ENTERPRISES	31.0	0.4	NM	0.2	371	0.0%	-1.7
SOMA TEXTILES	23.4	0.5	1.0	5.3	773	0.0%	-1.3
KAVVERI TELECOM	8.0	0.5	0.3	2.9	161	NM	19.1
VAPI PAPER	99.0	0.6	0.7	15.8	226	0.0%	-1.4
MIV MACHINE TOOLS	17.4	0.7	NM	2.1	52	0.0%	-0.6
ZANDU REALTY	56.2	0.7	NM	0.9	45	2.6%	0.1
BARTRONICS INDIA	10.8	0.8	0.6	5.0	3,296	NM	17.4

* We show NM where the values are negative

Disclaimer: This is for information purposes only. These are not stock recommendations and should not be treated as such. Learn more about our recommendation services here... Also note that these screeners are based only on numbers. There is no screening for management quality.