Sensex stocks that are at attractive levels now

I’ve actually looked at three parameters. The first parameter is the PE ratio, the second is how much are they away from the 52-week average and the third parameter is how much are they away from the 200-day moving average, especially the cement, IT and the auto stocks which look very attractive.



Take the case of ACC. It has a PE ratio of about 11.8, off its 52-week high by almost 45% and off its DMA by about 40%. Same is the case with Infosys and TCS. They have a PE ratio of almost 13-14 that’s all. They are off that 52-week high by almost 40% and off the 200 DMA average by around 30%.



M&M and Maruti look very attractive in case of the auto stocks. M&M is off its 52-week high by about 37% and off its 200 DMA average by about 20%. Meanwhile, Maruti is at a PE ratio of about 10 and off its 52-week high by about 35%. Tata Motors is at a PE ratio of 15 and it’s off its 52-week high by about 32%.