Low PE Stocks Under Rs 500

The table below shows the Low PE Stocks Under Rs 500 based on the Highest Market Capitalization.

Content: 

• What are the Low PE Stocks?
• Best Low PE Stocks Under Rs 500
• Low PE Stocks Under 500 Rs in India
• Best Low PE Stocks Under Rs 500 In India
• Low PE Stocks Under Rs 500
• Top Low PE Stocks Under Rs 500 In India
• How To Invest In Low PE Stocks Under Rs 500 In India?
• Introduction to Low PE Stocks Under Rs 500 
• Best Low PE Stocks Under Rs 500 – FAQ

What are the Low PE Stocks?

Low PE stocks are those trading at a relatively low price-to-earnings ratio compared to the market average. Some examples include utilities, manufacturing, and real estate companies. Investors often seek these stocks for potential undervaluation, but thorough research is necessary to assess their financial health and growth prospects.

Best Low PE Stocks Under Rs 500

The table below shows the Best Low PE Stocks Under Rs 500 based on 1 Year Return. 

Low PE Stocks Under 500 Rs in India

The table below shows Low PE Stocks Under 500 Rs in India based on 1 Month Return.

Best Low PE Stocks Under Rs 500 In India

The table below shows the best Low PE Stocks Under Rs 500 In India based on the highest day Volume.

Low PE Stocks Under Rs 500

The table below shows Low PE Stocks Under Rs 500 based on the PE Ratio. 

Top Low PE Stocks Under Rs 500 In India

The table below shows the Top Low PE Stocks Under Rs 500 In India based on the 6-month return. 

How To Invest In Low PE Stocks Under Rs 500 In India?

To invest in Low PE stocks Under Rs 500, start by researching companies with strong fundamentals and a track record of financial stability. Use stock screeners to identify such stocks within your budget. Then, open a brokerage account, conduct further analysis, and execute buy orders for selected stocks through the brokerage platform to build your investment portfolio.

Introduction to Low PE Stocks Under Rs 500

Low PE Stocks Under Rs 500 – Highest Market Capitalization

ITC Ltd

The Market Cap of ITC Ltd is Rs 538362.43 crore. The stock has shown a monthly return of 2.67% and a one-year return of 6.44%. Currently, the stock is 17.33% away from its 52-week high.

ITC Limited, a holding company based in India, operates through several segments. These segments include Fast-Moving Consumer Goods (FMCG), Hotels, Paperboards, Paper and Packaging, and Agribusiness. In the FMCG segment, the company offers a variety of products such as cigarettes, cigars, personal care items, safety matches, and packaged foods like staples, snacks, dairy products, and beverages. 

The Paperboards, Paper, and Packaging segment focuses on specialty paper and packaging solutions. The Agri-Business segment deals with agricultural commodities like wheat, rice, spices, coffee, soya, and leaf tobacco. ITC’s Hotel segment comprises six distinct brands with over 120 properties, catering to different market segments, including luxury, lifestyle, premium, mid-market, upscale, and leisure and heritage.

NTPC Ltd

The Market Cap of NTPC Ltd is Rs 351,687.90 crore. The monthly return is 12.45%, and the 1-year return is 112.94%. The stock is 3.70% away from its 52-week high.

NTPC Limited, an Indian power-generating company, primarily focuses on generating and selling bulk power to State Power Utilities. The company operates in two segments: Generation and Others. The Generation segment produces and sells bulk power to state power utilities. In contrast, the Others segment provides consultancy, project management, energy trading, oil & gas exploration, and coal mining services. NTPC Limited runs 89 power stations across various Indian states through its operations, joint ventures, and subsidiaries. 

Some of its key subsidiaries include NTPC Vidyut Vyapar Nigam Limited, NTPC Electric Supply Company Limited, Bhartiya Rail Bijlee Company Limited, and Patratu Vidyut Utpadan Nigam Limited.

Indian Oil Corporation Ltd

The Market Cap of Indian Oil Corporation Ltd is Rs 240896.88 crore. The monthly return is 3.06%. The one-year return is 115.40%. The stock is 18.27% away from its 52-week high.

Indian Oil Corporation Limited is an oil company based in India that operates in various segments, including Petroleum Products, Petrochemicals, and Other Business Activities. The Other Business Activities segment encompasses gas, oil and gas exploration, explosives, and cryogenic business, as well as windmill and solar power generation. The company is involved in the entire hydrocarbon value chain, from refining and pipeline transportation to marketing, exploration, crude oil and gas production, petrochemicals, gas marketing, alternative energy sources, and global downstream operations. 

It has a vast network of fuel stations, storage terminals, depots, aviation fuel stations, LPG bottling plants, and lube blending plants. Indian Oil Corporation Limited owns and operates nine refineries across India and has subsidiaries such as Chennai Petroleum Corporation Limited, IndianOil (Mauritius) Limited, Lanka IOC PLC, IOC Middle East FZE, and others.

Best Low PE Stocks Under Rs 500 – 1 Year Return

Electrosteel Castings Ltd

The Market Cap of Electrosteel Castings Ltd is Rs 11785.69 crore. The monthly return is 17.49%. The one-year return is 449.42%. The stock is 7.21% away from its 52-week high.

Electrosteel Castings Limited, an Indian company, specializes in providing pipeline solutions. The company manufactures a range of products, including ductile iron (DI) pipes, ductile iron fittings (DIF), and cast iron (CI) pipes. They also offer ductile iron flange pipes, restrained joint pipes, and cement and ferroalloys. Operating primarily in the pipes and fittings segment, Electrosteel’s DI pipes and DIF are utilized for various purposes, such as water transmission and distribution, desalination plants, stormwater drainage systems, and sewage treatment plants. 

The company’s manufacturing facilities are located at five different sites in India. Electrosteel serves customers across the Indian subcontinent, Europe, North and South America, Southeast Asia, the Middle East, and Africa. Some subsidiaries include Electrosteel Castings (UK) Limited, Electrosteel Algerie SPA, Electrosteel Doha for Trading LLC, Electrosteel Castings Gulf FZE, and Electrosteel Brasil Ltda. Tubos e Conexoes Duteis.

Indian Railway Finance Corp Ltd

The Market Cap of Indian Railway Finance Corp Ltd is Rs 190378.54 crore. The stock has a 1-month return of 2.61% and a 1-year return of 409.07%. It is currently 37.47% away from its 52-week high.

Indian Railway Finance Corporation Limited, an India-based organization, serves as the financial arm of the Indian railways. Its primary operation falls under the Leasing and Finance segment. The company’s core activity involves securing funds from financial markets to support the acquisition or development of assets, leased to the Indian Railways through finance leasing arrangements. 

Its primary focus lies in financing the procurement of rolling stock assets, leasing railway infrastructure assets, and extending loans to entities under the Ministry of Railways (MoR). Utilizing a leasing model, it channels funds towards acquiring rolling stock and project assets for the Indian Railways. Moreover, the company extends financial support to MoR and other Railway Entities to facilitate their growth strategies. Additionally, it provides financial assistance to Rail Vikas Nigam Limited (RVNL) and IRCON. 

Housing and Urban Development Corporation Ltd

The Market Cap of Housing and Urban Development Corporation Ltd is Rs 40948.86 crore. The stock’s monthly return is 7.55%. Its one-year return is 356.58%. The stock is 10.71% away from its 52-week high.

The Housing And Urban Development Corporation Limited specializes in technology-based financing. It primarily finances housing and infrastructure projects, including retail lending, and offers consultancy services. 

It also organizes capacity-building programs, workshops, and seminars for government officials on both national and international levels. The company’s infrastructure projects cover many sectors in urban areas, such as water supply, sewerage, roads, electricity, and more. Additionally, it provides social infrastructure components like schools, hostels, health centers, playgrounds, and police stations.

Low PE Stocks Under 500 Rs in India – 1 Month Return

Abans Holdings Ltd

The Market Cap of Abans Holdings Ltd is Rs 2152.32 crore. The stock’s monthly return is 48.80%. The stock’s annual return is 83.45%. It is 3.80% away from its 52-week high.

Abans Holdings Limited is an India-based company offering various financial services. These include non-banking financial services, global institutional trading in equities, commodities, and foreign exchange, private client stock broking, depositary services, asset management, investment advisory, and wealth management services for corporate, institutional, and high-net-worth individual clients. 

The company operates in segments such as agency business, internal treasury operations, lending activities, etc. It is registered as a stock and commodity exchange broker with memberships in various Indian stock exchanges like BSE, NSE, MSEI, MCX, NCDEX, ICEX, and IIEL, as well as in international exchanges like DGCX (Dubai), LME (London), INE (Shanghai), and DCE (China).

Indraprastha Medical Corporation Ltd

The Market Cap of Indraprastha Medical Corporation Ltd is Rs 2204.28 crore. The monthly return is 36.64%. The one-year return is 190.22%. The stock is 5.57% away from its 52-week high.

Indraprastha Medical Corporation Limited, an India-based company, operates in the healthcare sector. The company runs Indraprastha Apollo Hospitals and Apollo Hospitals, offering various services such as in-patient, out-patient, and clinical services. Indraprastha Apollo Hospitals, a multi-specialty tertiary acute care hospital with 710 beds, spans over 15 acres and features over 600,000 square feet of built-up area. 

The hospital specializes in anesthesia, cardiology, cardiac surgery, cancer treatment, pediatrics, critical care, emergency care, fetal medicine, gastroenterology, hepatology, obstetrics, gynecology, interventional radiology, IVF, liver and kidney transplants, nuclear medicine, nephrology, ophthalmology, plastic and reconstructive surgery, respiratory and sleep medicine, rheumatology, spine surgery, urology, andrology.

City Union Bank Ltd

The Market Cap of City Union Bank Ltd is Rs 11535.96 crore. The monthly return is 19.80%. The annual return is 25.45%. The stock is 7.74% away from its 52-week high.

City Union Bank Limited is an Indian banking organization that operates through different segments such as Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The Bank utilizes modern technology and infrastructure, offering services like ATMs, net banking, mobile banking, e-wallet, and social media banking to cater to both personal and business banking customers.

With a robust network of about 727 branches, most of which are situated in South India and around 83 branches in other states, the Bank also runs approximately 1,732 ATMs. It serves various industries, including textiles, metals, paper products, food processing, chemicals, rubber, plastics, engineering, beverages, tobacco, and automobiles.

Best Low PE Stocks Under Rs 500 In India – Highest Day Volume

Steel Authority of India Ltd

The Market Cap for Steel Authority of India Ltd is Rs 64,334.36 crore. The monthly return is 28.07%. The 1-year return is 83.54%. The stock is 4.20% away from its 52-week high.

Steel Authority of India Limited, an India-based company, primarily operates in the steel manufacturing sector. The company manufactures and sells iron and steel products through its business segments, which include five integrated steel plants and three alloy steel plants. These steel plants are located in various regions of India such as Bhilai, Durgapur, Rourkela, Bokaro, IISCO, Alloy Steels, Salem, Visvesvaraya Iron and Steel, and Chandrapur Ferro Alloy. 

The company’s range of products includes blooms, billets, joists, narrow slabs, channels, angles, wheels and axles, pig iron, coal chemicals, cold-rolled stainless steel, hot-rolled carbon and stainless steel products, micro-alloyed carbon steel wire rods, bars, rebars, CR coils, sheets, GC sheets, galvannealed steel, HRPO, and coal chemicals.

Exide Industries Ltd

The Market Cap of Exide Industries Ltd is Rs 33,930.64 crore. The stock has a monthly return of 31.42% and a one-year return of 117.46%. It is currently 3.57% away from its 52-week high.

Exide Industries Limited is an Indian company that specializes in designing, manufacturing, marketing, and selling a variety of lead-acid storage batteries. The company is divided into two segments: Storage Batteries and allied products and Life Insurance business. 

These batteries cater to a wide range of industries, including automotive, power, telecom, infrastructure projects, computer industries, railways, mining, and defense sectors. The company offers a diverse range of products such as automotive batteries, institutional UPS batteries, inverter batteries, solar solutions, integrated power backup systems, home UPS systems, industrial batteries, genset batteries, e-rickshaw vehicles, and submarine batteries.  

Samvardhana Motherson International Ltd

The Market Cap of Samvardhana Motherson International Ltd is Rs 81,901.92 crore. The monthly return is 7.11%. The annual return is 75.45%. The stock is 4.72% away from its 52-week high.

Samvardhana Motherson International Limited is a globally diversified manufacturer that offers full system solutions to customers in the automotive and various other industries. The company boasts a wide-ranging product portfolio that includes electrical distribution systems, fully assembled vehicle interior and exterior modules, automotive rear vision systems, molded plastic parts and assemblies, injection molding tools, molded and extruded rubber components, lighting systems, electronics, precision metals and modules, Industrial IT solutions, and services and technologies like telematics. 

Its business segments consist of Wiring harnesses, Modules, and polymer products, and Emerging businesses, which encompass elastomers, lighting & electronics, precision metals & modules, technology & industrial solutions, logistics solutions, aerospace, health & medical, and services operations. Samvardhana Motherson International Limited’s wholly-owned subsidiary is Samvardhana Motherson Automotive Systems Group B.V.

Low PE Stocks Under Rs 500 – PE Ratio

Satia Industries Ltd

The Market Cap of Satia Industries Ltd is Rs 1180.56 crore. The stock has a monthly return of 7.98%. The stock also experienced a negative 1-year return of -2.33%. It is currently trading 36.80% below its 52-week high.

Satia Industries Limited is a company based in India that operates wood and agro-based paper plants. The company manufactures paper utilizing wood chips, veneer waste, wheat straw, and sarkanda. Its business segments encompass paper production, yarn, and cotton trading, agriculture, co-generation of power for internal consumption, and solar power. 

Within the paper division, activities include producing and printing paper and selling chemicals, scrap, waste, and pulp. The Cotton & Yarn division focuses on the trade of cotton and yarn. The co-generation division handles the sale of electricity and steam, while the agriculture division sells agricultural products.  

Shriram Properties Ltd

The Market Cap of Shriram Properties Ltd is Rs. 2118.00 crore. The stock’s monthly return is 15.22%. The stock’s yearly return is 82.33%. The stock is 13.31% away from its 52-week high.

Shriram Properties Limited, headquartered in India, specializes in residential real estate development with a primary focus on the mid-market and housing sectors. The company also operates in plotted development, mid-market premium, luxury housing, commercial, and office space segments within its key markets. It has a presence in Bengaluru, Chennai, Coimbatore, and Visakhapatnam, and is expanding to Kolkata in East India with a significant mixed-use project in progress. 

With a portfolio of 51 projects totaling around 52.75 million square feet of saleable area, the company has 23 ongoing projects and 28 projects in the pipeline. Notable projects in Bengaluru include Shriram Hebbal 1, Shriram Solitaire, Shriram Chirping Ridge, The Poem by Shriram Properties, Shriram Pristine Estates, Stagename Rhapsody at Eden, Shriram WYTField-2, and Shriram Chirping Grove.  

Tamilnadu Newsprint & Papers Ltd

The Market Cap of Tamilnadu Newsprint & Papers Ltd is Rs 1853.76 crore. The stock has a 1-month return of 3.99%. Additionally, it has a 1-year return of 5.90%. The stock is currently 25.86% away from its 52-week high.

Tamilnadu Newsprint and Papers Limited, an India-based company, manufactures and markets paper, paper board, cement, and power generation. The company has two key segments: paper and Paper Board and Energy. In the Paper and Paper Board segment, the company manufactures and sells various types of paper and paper board products. 

The Energy segment focuses on power generation through turbo generators (TGs) and windmills for both internal use and export. The company also produces and sells cement. Some of its paper products include TNPL Ace Marvel, TNPL Radiant Stationery, and TNPL Printer’s Choice, while its packaging board includes Aura Grafik (AUG) and Aura Flute Supreme (AFS).  

Top Low PE Stocks Under Rs 500 In India – 6 Month Return

Mangalore Refinery and Petrochemicals Ltd

The Market Cap of Mangalore Refinery and Petrochemicals Ltd is Rs 38890.17 crore. The stock has a monthly return of 2.12% and a yearly return of 314.77%. It is currently 30.35% away from its 52-week high.

Mangalore Refinery and Petrochemicals Limited, an India-based company, is involved in the refining of crude oil and operates within the Petroleum Products sector. The company offers a range of consumer products, including Bitumen, Furnace Oil, High-Speed Diesel, motor gasoline, Xylol, Naphtha, Pet Coke, Sulphur, and more. Its petrochemical lineup includes Polypropylene, while its aromatic products consist of Paraxylene, Benzene, Heavy Aromatics, Paraffinic Raffinate, Reformate, and Toluene. 

The refinery can produce a variety of petroleum products such as Naphtha, LPG, Motor Spirit, High-Speed Diesel, Kerosene, Aviation Turbine Fuel, Sulphur, Xylene, Bitumen, Pet Coke, and Polypropylene. Additionally, the company operates an Aromatic Complex and a petrochemical unit capable of producing Para Xylene and Benzene. Mangalore Refinery and Petrochemicals Limited is a subsidiary of Oil and Natural Gas Corporation Limited.

National Aluminium Co Ltd

The Market Cap of National Aluminium Co Ltd is Rs 32,813.78 crore. The monthly return is 26.65%. The one-year return is 123.16%. The stock is 3.94% away from its 52-week high.

National Aluminium Company Limited, based in India, primarily manufactures and sells alumina and aluminum. The company consists of two main segments: chemical and Aluminum. The Chemical segment produces calcined alumina, alumina hydrate, and related products, while the Aluminum segment manufactures aluminum ingots, wire rods, billets, strips, rolled products, and other related items. 

The company operates a 22.75 lakh tons per annum alumina refinery plant in Damanjodi, located in the Koraput district of Odisha, and a 4.60 TPA aluminum smelter in Angul, Odisha. Additionally, it has a 1200 MW captive thermal power plant next to the smelter plant. Furthermore, the company runs four wind power plants with a combined capacity exceeding 198.40 MW in Andhra Pradesh (Gandikota), Rajasthan (Jaisalmer and Devikot), and Maharashtra (Sangli).

NLC India Ltd

The Market Cap of NLC India Ltd is Rs. 32,613.69 crore. The stock had a monthly return of 5.99% and a 1-year return of 193.45%. It is currently trading 24.89% below its 52-week high.

NLC India Limited is an Indian company that mines lignite and coal and generates power using these resources and renewable energy sources. The company operates in the Mining and Power Generation segments. 

It has a lignite mining capacity of around 30.1 million metric tons per annum (MTPA) and a coal mining capacity of 20 MTPA. NLC’s mining activities cover various sites, including open-cast coal mines Talabira II and III and four open-cast lignite mines—Mine I, Mine II, Mine IA, and Barsingsar Mine. The company runs five lignite-based thermal power stations, four in Neyveli, Tamil Nadu, and one in Barsingsar, Rajasthan, with a total capacity of approximately 3,640 megawatts (MW).

Best Low PE Stocks Under Rs 500 – FAQ

Which are the Best Low PE Stocks Under Rs 500?

Best Low PE Stocks Under Rs 500  #1: ITC Ltd

Best Low PE Stocks Under Rs 500  #2: NTPC Ltd

Best Low PE Stocks Under Rs 500  #3: Indian Oil Corporation Ltd

Best Low PE Stocks Under Rs 500  #4: Indian Railway Finance Corp Ltd

Best Low PE Stocks Under Rs 500  #5: Samvardhana Motherson International Ltd

The top Best Low PE Stocks Under 500 Rs are based on market capitalizations.

What are the Top Low PE Stocks Under Rs 500 In India?

The top 5 low PE stocks under Rs 200 in India based on 1-year return are Electrosteel Castings Ltd, Indian Railway Finance Corp Ltd, Housing and Urban Development Corporation Ltd, Mangalore Refinery and Petrochemicals Ltd, and Rail Vikas Nigam Ltd.

Can I invest in Low PE Stocks Under Rs 500?

Yes, you can invest in Low PE Stocks under Rs 500. These stocks may present opportunities for investors seeking undervalued assets, potentially offering favorable returns over time. However, thorough research and analysis are recommended before investing.

Is it good to invest in Low PE Stocks Under Rs 500?

Investing in Low PE Stocks under Rs 500 can be advantageous for investors looking for undervalued opportunities. These stocks may offer the potential for capital appreciation and dividend income. However, thorough research into the company’s fundamentals, market conditions, and growth prospects is essential to make informed investment decisions.

How To Invest In Low PE Stocks Under Rs 500?

To invest in low PE stocks under Rs 500, you can open an account with a stockbroker, either traditional or online. Conduct research to identify such stocks, analyze their financials and prospects, and then place buy orders through your chosen broker’s trading platform.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.