Synopsis:
PNB Housing, Welspun Corp, Sundram Fasteners, Kansai Nerolac Paints, and CAMS, these companies have a proven track record of strong returns, solid business models, and market leadership in their sectors. With current P/E ratios below their 5-year median levels, they may offer value for patient investors.
Some fundamentally strong companies with solid financials and proven track records are now trading below their historical valuation multiples. This means investors can access quality businesses at prices lower than what the market has typically paid in the past. Such situations are rare, as strong fundamentals usually command a premium.
1. PNB Housing Finance
PNB Housing Finance Ltd is a prominent housing finance company in India, providing a variety of home loan and proper