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Deep Value Sectors — Where Are Indian Stocks Underpriced With Accelerating Earnings?

73 Indian sectors with 118 deep value stock opportunities. Updated Jun 27, 2026.

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MomentumDeep Value

Week of 27 Jun'26. 118 stocks across 73 sectors which have deep value. Top sectors: IT - Software, Realty - Construction & Contracting, IT Enabled Services. 0 strong, 20 good opportunities.Not investment advice — for research only.

73
Sectors
118
Deep Value Stocks
0
Strong (80+)
20
Good (65-79)

Filter Deep Value Sectors

Value Score

Based on underperformance + earnings acceleration

PAT Acceleration

Rate of earnings growth acceleration

IT - Software

Average
Total Stocks
12
deep value
Avg Fundamental
54
/100
Top Pick
Magellanic
Score: 62/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 5 Good / 7 Average / 2 Weak

Realty - Construction & Contracting

Weak
Total Stocks
4
deep value
Avg Fundamental
33
/100
Top Pick
SignatureGlobal
Score: 81/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 2 Average / 4 Weak

IT Enabled Services

Average
Total Stocks
4
deep value
Avg Fundamental
57
/100
Top Pick
Route
Score: 62/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 1 Good / 3 Average

Textiles - Readymade Apparel

Average
Total Stocks
3
deep value
Avg Fundamental
49
/100
Top Pick
Aditya
Score: 35/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 3 Average

Capital Goods - Electric General

Average
Total Stocks
3
deep value
Avg Fundamental
47
/100
Top Pick
Insolation
Score: 87/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 1 Good / 1 Average / 1 Weak

Railways

Average
Total Stocks
3
deep value
Avg Fundamental
55
/100
Top Pick
Cosmic
Score: 56/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 1 Good / 2 Average

Miscellaneous

Average
Total Stocks
3
deep value
Avg Fundamental
45
/100
Top Pick
R
Score: 84/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 1 Good / 1 Average / 2 Weak

Services - Others

Average
Total Stocks
3
deep value
Avg Fundamental
56
/100
Top Pick
eMudhra
Score: 41/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 1 Good / 2 Average

Diamond, Gems & Jewellery

Average
Total Stocks
3
deep value
Avg Fundamental
53
/100
Top Pick
Kalyan
Score: 32/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 3 Average

Pesticides/Agrochemicals

Weak
Total Stocks
2
deep value
Avg Fundamental
33
/100
Top Pick
Dhanuka
Score: 72/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 2 Average / 3 Weak

Packaging - BOPP

Average
Total Stocks
2
deep value
Avg Fundamental
50
/100
Top Pick
Nahar
Score: 60/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 3 Average

Solar EPC

Average
Total Stocks
2
deep value
Avg Fundamental
57
/100
Top Pick
Sterling
Score: 60/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 1 Good / 1 Average

Speciality Chemicals

Weak
Total Stocks
2
deep value
Avg Fundamental
39
/100
Top Pick
Platinum
Score: 47/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average / 1 Weak

Pharma - Others

Average
Total Stocks
2
deep value
Avg Fundamental
48
/100
Top Pick
TTK
Score: 59/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 2 Average

Sugar

Average
Total Stocks
2
deep value
Avg Fundamental
41
/100
Top Pick
Bajaj
Score: 78/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average / 1 Weak

Logistics - Warehousing/Supply Chain

Average
Total Stocks
2
deep value
Avg Fundamental
43
/100
Top Pick
Snowman
Score: 72/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average / 1 Weak

IT - ER&D

Average
Total Stocks
2
deep value
Avg Fundamental
51
/100
Top Pick
Tata
Score: 59/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 2 Average

Chemicals - Organic

Average
Total Stocks
2
deep value
Avg Fundamental
44
/100
Top Pick
Fairchem
Score: 75/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 2 Average / 1 Weak

Infra - Construction & Contracting

Average
Total Stocks
2
deep value
Avg Fundamental
46
/100
Top Pick
Hazoor
Score: 84/100
Avg Margin of Safety
Fairly Valued
Stock Distribution: 0 Strong / 0 Good / 3 Average

Finance & Investments - Others

Weak
Total Stocks
2
deep value
Avg Fundamental
37
/100
Top Pick
Master
Score: 63/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 1 Good / 0 Average / 2 Weak

Edible Oils, Agro Processing

Average
Total Stocks
2
deep value
Avg Fundamental
57
/100
Top Pick
Modi
Score: 62/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 1 Good / 1 Average

Power - Generation/Distribution

Average
Total Stocks
2
deep value
Avg Fundamental
59
/100
Top Pick
Gujarat
Score: 72/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 1 Good / 1 Average

Quick Service Restaurant - QSR

Average
Total Stocks
2
deep value
Avg Fundamental
50
/100
Top Pick
Westlife
Score: 50/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 2 Average

Realty - CoWorking

Strong
Total Stocks
2
deep value
Avg Fundamental
64
/100
Top Pick
AWFIS
Score: 63/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 2 Good / 0 Average

Engineering - Turnkey Services

Strong
Total Stocks
2
deep value
Avg Fundamental
61
/100
Top Pick
KP
Score: 68/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 1 Good / 1 Average

Seeds/Tissue Culture/Bio Technology

Weak
Total Stocks
1
deep value
Avg Fundamental
37
/100
Top Pick
Rossari
Score: 38/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 0 Average / 1 Weak

Plastics - Plastic & Plastic Products

Average
Total Stocks
1
deep value
Avg Fundamental
51
/100
Top Pick
Nilkamal
Score: 32/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Finance - Capital Markets - Brokers

Weak
Total Stocks
1
deep value
Avg Fundamental
27
/100
Top Pick
Summit
Score: 30/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 0 Average / 2 Weak

Consumer Electronics

Average
Total Stocks
1
deep value
Avg Fundamental
53
/100
Top Pick
Havells
Score: 62/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Textiles - Socks

Weak
Total Stocks
1
deep value
Avg Fundamental
27
/100
Top Pick
Virat
Score: 29/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 0 Average / 1 Weak

Credit Rating Agencies

Average
Total Stocks
1
deep value
Avg Fundamental
40
/100
Top Pick
CRISIL
Score: 26/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 0 Average / 1 Weak

Ship - Docks/Breaking/Repairs

Average
Total Stocks
1
deep value
Avg Fundamental
43
/100
Top Pick
Mazagon
Score: 23/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Construction - Civil/Turnkey

Average
Total Stocks
1
deep value
Avg Fundamental
46
/100
Top Pick
Sathlokhar
Score: 29/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

FMCG - Foods

Average
Total Stocks
1
deep value
Avg Fundamental
42
/100
Top Pick
Patanjali
Score: 29/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Amusement Parks

Average
Total Stocks
1
deep value
Avg Fundamental
47
/100
Top Pick
Wonderla
Score: 75/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Packaging - Films

Average
Total Stocks
1
deep value
Avg Fundamental
41
/100
Top Pick
Ester
Score: 60/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

FMCG - Rice

Weak
Total Stocks
1
deep value
Avg Fundamental
31
/100
Top Pick
GRM
Score: 60/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 0 Average / 1 Weak

Petrochem - Others

Average
Total Stocks
1
deep value
Avg Fundamental
55
/100
Top Pick
DCW
Score: 69/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Cement

Average
Total Stocks
1
deep value
Avg Fundamental
42
/100
Top Pick
Ambuja
Score: 62/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 2 Average

Diagnostics

Strong
Total Stocks
1
deep value
Avg Fundamental
60
/100
Top Pick
Krsnaa
Score: 53/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Finance - Holding Company

Weak
Total Stocks
1
deep value
Avg Fundamental
35
/100
Top Pick
JSW
Score: 59/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 1 Average / 1 Weak

Medical Equipment

Average
Total Stocks
1
deep value
Avg Fundamental
51
/100
Top Pick
Laxmi
Score: 78/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Geospatial

Average
Total Stocks
1
deep value
Avg Fundamental
54
/100
Top Pick
Ceinsys
Score: 35/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Pharma - Formulators

Average
Total Stocks
1
deep value
Avg Fundamental
51
/100
Top Pick
Alembic
Score: 32/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Recycling

Average
Total Stocks
1
deep value
Avg Fundamental
57
/100
Top Pick
Eco
Score: 72/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Capital Goods - Transformers

Average
Total Stocks
1
deep value
Avg Fundamental
58
/100
Top Pick
Marsons
Score: 84/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Building Materials - Plastic Pipes

Strong
Total Stocks
1
deep value
Avg Fundamental
60
/100
Top Pick
Supreme
Score: 72/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Realty - National

Average
Total Stocks
1
deep value
Avg Fundamental
45
/100
Top Pick
Godrej
Score: 69/100
Avg Margin of Safety
Fairly Valued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Dyes & Pigments

Weak
Total Stocks
1
deep value
Avg Fundamental
35
/100
Top Pick
Sudarshan
Score: 65/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average / 1 Weak

Petrochem - Polymers

Average
Total Stocks
1
deep value
Avg Fundamental
52
/100
Top Pick
Styrenix
Score: 69/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Castings, Forgings & Fastners

Average
Total Stocks
1
deep value
Avg Fundamental
49
/100
Top Pick
Sundaram
Score: 68/100
Avg Margin of Safety
Fairly Valued
Stock Distribution: 0 Strong / 0 Good / 1 Average

E-Commerce - Platform - Utility

Average
Total Stocks
1
deep value
Avg Fundamental
48
/100
Top Pick
Info
Score: 62/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Capital Goods - Solar

Average
Total Stocks
1
deep value
Avg Fundamental
59
/100
Top Pick
Websol
Score: 59/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Plastics - Pipes & Fittings

Average
Total Stocks
1
deep value
Avg Fundamental
46
/100
Top Pick
Prakash
Score: 59/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Finance - Insurance

Weak
Total Stocks
1
deep value
Avg Fundamental
37
/100
Top Pick
ICICI
Score: 57/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 0 Average / 1 Weak

Entertainment & Media

Weak
Total Stocks
1
deep value
Avg Fundamental
27
/100
Top Pick
TV
Score: 56/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average / 1 Weak

Refractories

Average
Total Stocks
1
deep value
Avg Fundamental
50
/100
Top Pick
IFGL
Score: 57/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Refrigeration

Strong
Total Stocks
1
deep value
Avg Fundamental
61
/100
Top Pick
Refex
Score: 56/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 1 Good / 0 Average

Automobiles - LCVs/HCVs

Average
Total Stocks
1
deep value
Avg Fundamental
40
/100
Top Pick
Azad
Score: 54/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Insurance - Proxy

Weak
Total Stocks
1
deep value
Avg Fundamental
39
/100
Top Pick
Medi
Score: 52/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 0 Average / 1 Weak

Platform - Matrimony

Average
Total Stocks
1
deep value
Avg Fundamental
54
/100
Top Pick
Matrimonycom
Score: 50/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

IT Product Companies

Strong
Total Stocks
1
deep value
Avg Fundamental
63
/100
Top Pick
Zaggle
Score: 50/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 1 Good / 0 Average

FMCG - Personal Care

Average
Total Stocks
1
deep value
Avg Fundamental
47
/100
Top Pick
Gillette
Score: 48/100
Avg Margin of Safety
Fairly Valued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Infra - Engineering - General

Average
Total Stocks
1
deep value
Avg Fundamental
52
/100
Top Pick
Bondada
Score: 47/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Logistics

Average
Total Stocks
1
deep value
Avg Fundamental
58
/100
Top Pick
S
Score: 47/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

IT Enabled Services/Business Process Outsourcing

Strong
Total Stocks
1
deep value
Avg Fundamental
62
/100
Top Pick
Brightcom
Score: 45/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 1 Good / 0 Average

Hotels

Weak
Total Stocks
1
deep value
Avg Fundamental
39
/100
Top Pick
ITC
Score: 44/100
Avg Margin of Safety
Fairly Valued
Stock Distribution: 0 Strong / 0 Good / 0 Average / 1 Weak

Chemicals - Inorganic

Weak
Total Stocks
1
deep value
Avg Fundamental
31
/100
Top Pick
Fischer
Score: 41/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 0 Average / 1 Weak

Computer Education

Average
Total Stocks
1
deep value
Avg Fundamental
53
/100
Top Pick
NIIT
Score: 41/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Finance & Investments - CV Finance

Average
Total Stocks
1
deep value
Avg Fundamental
44
/100
Top Pick
Tsf
Score: 50/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Capital Goods - Engineering General

Average
Total Stocks
1
deep value
Avg Fundamental
55
/100
Top Pick
Forbes
Score: 44/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Telecom Services

Average
Total Stocks
1
deep value
Avg Fundamental
57
/100
Top Pick
Sar
Score: 38/100
Avg Margin of Safety
Undervalued
Stock Distribution: 0 Strong / 0 Good / 1 Average

Finance - Capital Markets

Weak
Total Stocks
1
deep value
Avg Fundamental
32
/100
Top Pick
Aditya
Score: 51/100
Avg Margin of Safety
Overvalued
Stock Distribution: 0 Strong / 0 Good / 0 Average / 1 Weak

Key Takeaways

Q: What is Deep Value investing?

Deep Value investing identifies stocks that have been beaten down in price (underperforming Nifty 500) but are showing improving fundamentals — specifically, accelerating quarterly earnings (PAT). The gap between weak price and strong earnings creates potential opportunity.

Q: How do I find the best Deep Value sectors?

Look for sectors with high stock counts (more opportunities), high average Value Scores (better quality), and strong PAT Acceleration (improving earnings). Sectors at the top of this list have the most Deep Value stocks.

Q: What does the Value Score mean?

The Value Score (0-100) combines two factors: how much the stock has underperformed Nifty 500 (value) and how fast its earnings are accelerating (quality). Strong (80+) indicates the best combination of value and improving fundamentals.

Frequently Asked Questions

Based on publicly available financial data. This is educational research, not investment advice.

What is a Deep Value stock?

A deep value stock is one that is underperforming the market despite showing improving earnings. These stocks have a disconnect between their financial recovery and their market price — the market hasn't caught up yet.

Which sectors have the most Deep Value stocks?

Sectors with the most deep value opportunities

  • IT - Software — 12 deep value stocks
  • Realty - Construction & Contracting — 4 deep value stocks
  • IT Enabled Services — 4 deep value stocks
  • Textiles - Readymade Apparel — 3 deep value stocks
  • Capital Goods - Electric General — 3 deep value stocks
  • Railways — 3 deep value stocks

Which sectors have the strongest deep value signals?

Sectors with the strongest deep value signals

  • Realty - CoWorking — Value Score 64
  • IT Product Companies — Value Score 63
  • IT Enabled Services/Business Process Outsourcing — Value Score 62
  • Refrigeration — Value Score 61
  • Engineering - Turnkey Services — Value Score 61
  • Diagnostics — Value Score 60

What is the difference between Momentum and Deep Value?

Key differences between Momentum and Deep Value strategies

  • Momentum stocks are outperforming the market — price and sentiment are positive
  • Deep Value stocks are underperforming despite improving earnings — contrarian approach
  • Momentum captures trend continuation (winners keep winning)
  • Deep Value captures mean reversion (beaten-down stocks with improving fundamentals)
  • They can complement each other in a diversified research framework

How many stocks are deep value opportunities right now?

There are currently 118 deep value stocks across all sectors being tracked. These stocks are underperforming the market but showing improving earnings trends.

What does PAT Acceleration mean?

PAT (Profit After Tax) acceleration means a company's profit growth rate is increasing. If a company grew profit by 10% last quarter and 15% this quarter, the growth is accelerating. This is one of the strongest signals that an earnings recovery is gaining strength.

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