10 Most Undervalued Midcap Stocks To Watch In 2023
10 most undervalued midcap stocks to watch out for as 2023 begins The Indian stock market hit a record high in November 2022 and the momentum continued in December as well. It competes in the domestic and global markets and caters to the food, pharmaceutical, and feed industries. Gujarat Ambuja Export Financial Snapshot (2018-2022) The dominant position has allowed the business to perform well over the past few years. #7 Computer Age Management Services Seventh on our list is Computer Age Management Services (CAMS). V-Guard Industries Financial Snapshot (2018-2022) While the sales have registered a 5-year CAGR of 11.7 per cent, the net profit has grown by 9.6 per cent. The company's stock price has tumbled around 40 per cent and is trading at a PE ratio of 60 times, which is a 40 per cent discount from its 1.5 year median PE of 86.7 times. Source - NDTV #stock