Earnings season is all done and now we have plenty of new information available for various businesses. It’s time to re-look and re-assess the businesses that look attractive to invest in 2017 financial year.

Below is the list of 10 businesses that look attractive on valuations and also expected to grow their earnings modestly in 2017 -2018 financial year. They all might be not trading at cheap prices today, but it is always good to do your homework before placing them in your circle of competence.

 mark logo

Significantly Cheap

 eros

Marginally Expensive

 tataelxsi logo

Marginally Expensive

 kitex garment logo

Marginally Expensive

 yes bank logo

Marginally Cheap

 ipca logo

Expensive

 jk bank logo

Significantly Cheap

 ongc logo

Significantly Expensive

 indiabulls housing

Significantly Cheap

 eicher

Expensive

 

Marginally expensive =

expensive to our calculated fair value by 0% – 9%

Expensive =

expensive to our calculated fair value by 10% – 19%

Significantly Expensive =

Expensive to our calculated fair value by 20% and above

Marginally cheap =

Cheaper to our calculated fair value by 0% – 9%

Cheap =

Cheaper to our calculated fair value by 10% – 19%
Significantly Cheap =

Cheaper to our calculated fair value by 20% and more.

 

In our model portfolio if you are following portfolio number three and you have cash besides you to invest, then Marksans Pharma is worthwhile to investigate and see if there is really good margin of safety available.

Tata Elxsi, Eros International and Kitex are marginally expensive, they are worth to investigate and keep aside with our analysis and wait to see if market turns around and throw some margin of safety.

We invest only when we see any stock significantly cheap as you buy more margin of safety with it.

Aziz Dodhiya is the chief investment officer for the Valueoperations funds which operates in the Indian market as an FPI (Foreign Portfolio Investor). We do not offer any personal advice to buy or sell any stocks and the views that are shared by Aziz might not incline to your personal investment strategy and this is the reason we advise you to take professional advice before going ahead with our views.