10 Undervalued Indian stocks bought by Insiders

10. HCL Infosystems Ltd.

The company works in the computer hardware industry.
Market cap: 1589 Rs.Cr.

Change in promoter holding: +5%
Price to Sales: 0.25
Dividend yield: 0%
Price to Book value: 0.86
Sales growth: -31%

9. Gujarat Alkalies & Chemicals Ltd.

Primary business is commodity and chemicals production and trading.

Market cap: 1473 Rs.Cr.
Change in promoter holding: +5.68%
Price to Sales: 0.78
Dividend yield: 1.74%
Price to Book value: 0.74
Sales growth: 4.9%

8. United Bank of India

The company is one of the many smaller commercial banks in India.
Market cap: 3289 Rs.Cr.
Change in promoter holding: +5.77%
Price to Sales: 0.31
Dividend yield: 0%
Price to Book value: 0.73
Sales growth: 14.6%

7. Chettinad Cement Corporation Ltd.

As you can guess from the name CCC is engaged in cement and construction material production.
Market cap: 2709 Rs.Cr.
Change in promoter holding: +6%
Price to Sales: 1.11
Dividend yield: 0.7%
Price to Book value: 2.27
Sales growth: 21.8%

6. UCO Bank

Again one of the commercial banks although much larger than United Bank of India.
Market cap: 11587 Rs.Cr.
Change in promoter holding: +8%
Price to Sales: 0.64
Dividend yield: 1.81%
Price to Book value: 1.03
Sales growth: 8.82%

5. Sesa Sterlite Ltd.

One of the largest natural resources companies in the world, representing 25% of India's oil production. Their sales spiked in the last few quarters thanks to increasing prices of some raw materials.
Market cap: 90432 Rs.Cr.
Change in promoter holding: +8.3%
Price to Sales: 1.38
Dividend yield: 1%
Price to Book value: 1.24
Sales growth: -31%

4. Gujarat Gas Company Ltd.

Gujarat Gas Company Limited, is an Indian natural gas distribution company. It was founded in 1980 and is headquartered in Ahmedabad.
Market cap: 6830 Rs.Cr.
Change in promoter holding: +8.5%
Price to Sales: 2.2
Dividend yield: 1.3%
Price to Book value: 5.16
Sales growth: 0.03%

3. Kesoram Industries Ltd.

Kesoram is a diversified business, with interest in the cement, tyre and rayon industries.
Market cap: 1304 Rs.Cr.
Change in promoter holding: +12%
Price to Sales: 0.26
Dividend yield: 0%
Price to Book value: 2.77
Sales growth: -11%

2.  Orient Refractories Ltd.

The company is engaged in the business of manufacturing and selling of Refractories and Monolithics
Market cap: 1118 Rs.Cr.
Change in promoter holding: +26%
Price to Sales: 2.78
Dividend yield: 1%
Price to Book value: 7.2
Sales growth: 12%

1. Hexaware Technologies Ltd.

Hexaware Technologies Limited is an IT and BPO (business process outsourcing) service provider company based in Navi Mumbai and founded in 1990.

Market cap: 4657 Rs.Cr.
Change in promoter holding: +43%
Price to Sales: 1.97
Dividend yield: 6%
Price to Book value: 3.7
Sales growth: 17%

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