Inox Wind and 3 other fundamentally strong stocks trading at a discount of up to 38%

In the dynamic Indian stock market, fundamentally strong stocks – those with robust financials, consistent earnings growth, low debt, and competitive edges – often present rare buying opportunities when trading at a discount from their 52-week highs or intrinsic values. 

These dips, driven by market corrections or short-term sentiments, allow long-term investors to acquire quality businesses at attractive valuations without compromising on underlying strength. Keeping such stocks on your radar can unlock significant upside potential as fundamentals drive prices back toward fair value.

Listed below are some notable fundamentally strong stocks that are undergoing a severe correction and currently trading at steep discounts of up to 38 percent:

GE Vernova T&D India Limited

With a market cap of Rs. 70,917 crores, the stock fell nearly 3.3 percent on Friday. The stock hit its 52-week high at Rs. 3,323.7 on 3rd November 2025, and compared to Friday’s closing price of Rs. 2,769.7, the stock is trading at a discount of nearly 17 percent.

In Q2 FY26, GE Vernova experienced a significant growth in revenue from operations of Rs. 1,538 crores, an increase of around 16 percent QoQ and 39 percent YoY. Meanwhile, its net profit stood at Rs. 299 crores, representing a rise of around 3 percent QoQ and 106 percent YoY. In terms of financial ratios, the company has a RoE of 40.4 percent and ROCE of 54.7 percent, with a debt-to-equity ratio of 0.01.

GE Vernova T&D India Limited is a listed arm of GE Vernova’s Electrification segment in India and a leading player in the power transmission and distribution business. It provides a wide range of products, including power transformers, circuit breakers, gas-insulated switchgear, instrument transformers, substation automation, digital software solutions, turnkey substation solutions, FACTS, HVDC, and maintenance support.

Welspun Corp Limited

With a market cap of Rs. 21,811 crores, the stock fell nearly 3 percent on Friday. The stock hit its 52-week high at Rs. 994.6 on 10th June 2025, and compared to Friday’s closing price of Rs. 827.4, the stock is trading at a discount of nearly 17 percent.

In Q2 FY26, Welspun Corp experienced a significant growth in revenue from operations of Rs. 4,374 crores, an increase of around 23 percent QoQ and 32 percent YoY. Meanwhile, its net profit stood at Rs. 444 crores, representing an impressive rise of around 27 percent QoQ and 57 percent YoY. In terms of financial ratios, the company has a RoE of 18.6 percent and ROCE of 21.2 percent, with a debt-to-equity ratio of 0.19.

Welspun Corp Limited is primarily engaged in the business of manufacturing and distributing steel and steel products. It also manufactures Ductile Iron (DI) Pipes, TMT (Thermo-Mechanically Treated) Rebars, BIS-certified Steel Billets, Stainless Steel Pipes and Tubes & Bars.

Waaree Renewable Technologies Limited

With a market cap of Rs. 10,278 crores, the stock tumbled nearly 3 percent on Friday. The stock hit its 52-week high at Rs. 1,479.4 on 18th December 2024, and compared to Friday’s closing price of Rs. 985.95, the stock is trading at a discount of over 33 percent.

In Q2 FY26, Waaree Renewable experienced a significant growth in revenue from operations of Rs. 775 crores, an increase of around 29 percent QoQ and 48 percent YoY. Meanwhile, its net profit stood at Rs. 116 crores, representing an impressive rise of around 35 percent QoQ and 115 percent YoY. In terms of financial ratios, the company has a RoE of 65.6 percent and ROCE of 82.3 percent, with a debt-to-equity ratio of 0.12.

Waaree Renewable Technologies Limited is engaged in the business of generating power through renewable energy sources and also providing engineering, procurement, and construction (EPC) services in this regard. Its portfolio spans a variety of clean energy solutions, including rooftop solar installations, floating solar systems, and large-scale ground-mounted solar projects.

Inox Wind Limited

With a market cap of Rs. 22,501.6 crores, the stock slumped nearly 3 percent on Friday. The stock hit its 52-week high at Rs. 210.61 on 10th December 2024, and compared to Friday’s closing price of Rs. 130.2, the stock is trading at a discount of nearly 38 percent.

In Q2 FY26, Inox Wind experienced a significant growth in revenue from operations of Rs. 1,119 crores, an increase of around 35 percent QoQ and 53 percent YoY. Meanwhile, its net profit stood at Rs. 121 crores, representing a rise of around 25 percent QoQ and 44 percent YoY.

In terms of financial ratios, the company has a RoE of 11.7 percent and ROCE of 11.5 percent, with a debt-to-equity ratio of 0.17.

Inox Wind Limited is engaged in the business of manufacturing and sale of Wind Turbine Generators (WTG), along with providing erection, procurement & commissioning (EPC), operation & maintenance (O&M), and common infrastructure facilities services for WTGs and wind farm development services.

Written by Shivani Singh

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Inox Wind and 3 other fundamentally strong stocks trading at a discount of up to 38% appeared first on Trade Brains.