It is hard to beleive that the book value of a blue script is more than its market value. But the present Bear run has made it possible. Few very good scripts has exactly shown this anomaly. Followings are the companies.
Tata Steel,
Cairn,
Hindustan Zinc,
Hindalco,
MTNL,
Videocon Industries,
Central Bank of India and
Allahabad Bank
Also among the relatively smaller companies the followings are notable.
Raymond,
Parsvnath,
Bajaj Hindusthan,
Vardhman Textiles and
Bajaj Auto Finance.
The news item can be accessed from this link. Economictimes.
Should one go all out in aquiring the above stocks? I beleive in market sentiment, there may be reasons for this fundamental anomalies. But anyway this is a good start to study these stocks.
The news also says there are many more stocks of similar fate.
Tata Steel,
Cairn,
Hindustan Zinc,
Hindalco,
MTNL,
Videocon Industries,
Central Bank of India and
Allahabad Bank
Also among the relatively smaller companies the followings are notable.
Raymond,
Parsvnath,
Bajaj Hindusthan,
Vardhman Textiles and
Bajaj Auto Finance.
The news item can be accessed from this link. Economictimes.
Should one go all out in aquiring the above stocks? I beleive in market sentiment, there may be reasons for this fundamental anomalies. But anyway this is a good start to study these stocks.
The news also says there are many more stocks of similar fate.
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