What is the Current Low PE Ratio of Nifty 50 in India in 2024?

Do you want to invest money in PE Nifty 50 stocks in India.? You haven’t thought of investing in a company. I have discussed the companies with the market demand for you. Which are very profitable and trusted positions. How you can invest money, how you can make money very fast. I am simply explaining to you.

Let’s start without further delay. Best investment option in India to invest money in stocks Read full post.

How Does the Nifty 50 Stock Market Work?

This index predicts the general direction of the stock market. Market movements can be monitored by the Nifty 50 stock index. So money comes in handy for people interested in investing. Nifty tracks the share price of 50 major specified companies.

  • Repayment Method: Decide how much money you want to invest and for how long.
  • List of companies included in Nifty 50 index: Must know which companies are included in this list.
  • Investment plan: Before investing money in this institution, you need to know about the rules, amount, time limit.
  • Current market condition: What is the current market condition, according to experienced people.

List of Nifty 50 stocks with PE Ratio

Stock NameSub-SectorMarket Cap (Rs. in cr.)Close Price (Rs.)PE Ratio (%)
Nestle India LtdFMCG – Foods239,848.562,513.2579.98
Asian Paints LtdPaints288,410.152,998.1070.23
UltraTech Cement LtdCement285,747.269,916.2056.43
JSW Steel LtdIron & Steel199,702.10820.2048.19
Sun Pharmaceutical Industries LtdPharmaceuticals362,287.581,530.1042.75

Top 5 Low P/E Ratio Stocks in India 2024

  1. Nestle India Ltd
  2. Asian Paints Ltd
  3. UltraTech Cement Ltd
  4. JSW Steel Ltd
  5. Sun Pharmaceutical Industries Ltd

Best 5 Stocks with Low P/E Ratios in India in the Year 2024. Overview

Nestle India Ltd

Nestle India Ltd: It is an Indian food product manufacturing company, established in 1995. This company manufactures high quality products for which it has earned a lot of reputation. The food made by this company is Produces multiple products including chocolate, Nescafe, Kit Kat, Maggi.

Asian Paints Ltd

Asian Paints Ltd: It is an Indian paints, home decoration products manufacturing company, established in 1942. Due to the high quality of the products in this company, these products are currently in demand in 15 countries. The products of this company are: Coatings, Paints manufactures multiple products including paints, home decoration products, waterproofing solutions, adhesive paints.

UltraTech Cement Ltd

UltraTech Cement Ltd: It is a cement manufacturing company, established in 1982. It produces 142.79 million tons of cement every year. UltraTech Cement Ltd in 2000. This company is a part of Aditya Birla Group.

JSW Steel Ltd

JSW Steel Ltd: It is an Indian steel manufacturing company, established in 1982. This company has an annual steel production capacity of 28.5 million tonnes. The products are used in various industries, such as shipbuilding, producing multiple products including plates, hot rolled coils. Currently this institution has secured the tenth place in the world.

Sun Pharmaceutical Industries Ltd

Sun Pharmaceutical Industries Ltd: It is an Indian pharmaceutical manufacturing company, established in 1983. Currently, this company exports to more than 90 countries. It has established the reputation of manufacturing high quality medicines.

Conclusion

Thinking of investing money in Nifty 50 stocks in India. Before investing money, you must know the rules of those funds well. I have discussed some companies for you. You can make a choice from this company to invest or check about other companies.

I have highlighted these companies as a lesson you should check before investing.

Ending here today. See you again in a new post until then stay well and keep your family well. Please comment if you have any questions. We will try to help you.

Rate this post

Leave a Comment

Exit mobile version