Indian equity markets after a short bullish stint in the second quarter of the financial year have now taken the course of correction. There are many stocks that are closing in on their 52-week low, but is it the time to go for bottom fishing. Not as yet as many of these stock despite touching their 52-week low levels are looking expensive or are in the overvalued zone if you look at their PE (Price-to earning) ratio.
However, there are a few stocks among the BSE 500 stocks worth having a look. We have picked those stocks which have fulfilled 5 of Ben Graham’s 6 stock picking criteria. We have not strictly followed the criteria for positive EPS growth in the past five years.
Company
|
TTMPE(x)
|
Current Ratio
|
Debt/CA
|
Allied Digital
|
7.06
|
9.02
|
0.25
|
Guj State Fert
|
5.85
|
2.19
|
0.53
|
KS Oils
|
7.51
|
2.85
|
0.74
|
Peninsula Land
|
5.57
|
11.48
|
1.00
|
Piramal Healthcare
|
0.75
|
1.96
|
1.15
|
Sasken Comm
|
4.81
|
1.94
|
0.00
|
Market data as on Jan 20, 2011
|
