5 Best Undervalued Blue-Chip Stocks for June 2024

Published : 27 June 2024

IndusInd Bank

The company is one of the renowned private-sector banks in India. It is currently trading at around 1500 with an ROCE of 3.20% and ROE of 14.20%. Its OPM is around -0.91%. 

Power Finance Corporation

The company operates in the power sector financing vertical. It is currently trading around 480 with an ROCE of 67.44% and an ROE of 19.53%.  Its OPM is 100.49%.

Andhra Paper

The company is known as the largest manufacturer of integrated paper and pulp.  Its shares are trading at around 555 at present with ROCE and ROE of 22.63% and 17.94% while the OPM is noted at 25.55%. 

Bank of Baroda

This is India’s one of the leading PSU banks.  Its share price is around 280. Its ROCE, ROE, and OPM are 2.38%, 15.67%, and -4.21%, respectively

BPCL

Bharat Petroleum also known as BPCL is a leading player in the Indian oil and gas industry. It is currently trading at around 300 with an ROCE of 32.53% and an ROE of 35.51%. Its OPM is 8.82%.