Monday, April 21, 2008

Five great value stocks to buy

Criteria for selection
Companies with a market cap of Rs 1,000 crore (Rs 10 billion) or more with a price-to-earnings (PE) ratio of not more than 15, a price-to-book value less than three, and net profit growth of over 20 per cent consistently in last four quarters.

Stocks
-Maruti Suzuki(Suggested at Rs. 760 at PE 11.78)

-Chennai Petroleum Corp(Suggested at Rs. 318 at PE 5)

-GE Shipping(Suggested at Rs. 390)

-Alok Industries

-Ruchi Soya(Suggested at Rs.89)

Source: Outlook Money

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