{"id":315604,"date":"2026-10-19T10:18:38","date_gmt":"2026-10-19T04:48:38","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=315604"},"modified":"2026-10-19T10:18:38","modified_gmt":"2026-10-19T04:48:38","slug":"largecap-low-pe-stocks-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/","title":{"rendered":"3 Largecap Low PE Stocks to Watch for Future Multibagger Potential: Infosys, JSW Steel and ONGC"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Infosys Rs 1,161.20. JSW Steel Rs 1,216.30. ONGC Rs 222. Market caps from Rs 2.83 lakh crore to Rs 4.42 lakh crore. Data as of 16 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Infosys, JSW Steel and ONGC are the 3 picks in this low PE stocks watchlist, with market caps between Rs 2.83 lakh crore and Rs 4.42 lakh crore. Infosys stands out for the highest return on equity at 33.24%, while JSW Steel offers the biggest five-year price gain at 68.48%. PE ratios run from 6.32 to 14.57, so compare each one with its industry PE before investing. All figures are as of 16 October 2026.<\/p>\n<\/p><\/div>\n<p>Low PE stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Infosys, JSW Steel and ONGC meet that test, with market caps from Rs 2.83 lakh crore to Rs 4.42 lakh crore and Infosys offering the highest return on equity at 33.24%. Each of these large companies trades at a PE ratio below 15, so investors pay less for every rupee of profit.<\/p>\n<p>This list covers large companies with a PE ratio below 15 and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap above Rs 1 lakh crore. Investors screening low PE stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 16 October 2026 and are drawn from NSE and BSE data and company filings.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=low-pe-stocks\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#What_Are_Low_PE_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\" title=\"What Are Low PE Stocks and Why Do They Attract Multibagger Interest?\">What Are Low PE Stocks and Why Do They Attract Multibagger Interest?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#Low_PE_Stocks_at_a_Glance_Price_Market_Cap_PE_and_ROE\" title=\"Low PE Stocks at a Glance: Price, Market Cap, PE and ROE\">Low PE Stocks at a Glance: Price, Market Cap, PE and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#Infosys_Return_on_Equity_of_3324\" title=\"Infosys: Return on Equity of 33.24%\">Infosys: Return on Equity of 33.24%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#JSW_Steel_Quarterly_Profit_Up_11258\" title=\"JSW Steel: Quarterly Profit Up 112.58%\">JSW Steel: Quarterly Profit Up 112.58%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#ONGC_Profit_Compounding_at_025_a_Year\" title=\"ONGC: Profit Compounding at 0.25% a Year\">ONGC: Profit Compounding at 0.25% a Year<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#Low_PE_Stocks_Financial_Comparison_on_Growth_and_Margins\" title=\"Low PE Stocks: Financial Comparison on Growth and Margins\">Low PE Stocks: Financial Comparison on Growth and Margins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#Institutional_Holding_in_Infosys_JSW_Steel_and_ONGC\" title=\"Institutional Holding in Infosys, JSW Steel and ONGC\">Institutional Holding in Infosys, JSW Steel and ONGC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#Risks_to_Weigh_in_Low_PE_Stocks\" title=\"Risks to Weigh in Low PE Stocks\">Risks to Weigh in Low PE Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#How_to_Choose_Between_Low_PE_Stocks\" title=\"How to Choose Between Low PE Stocks\">How to Choose Between Low PE Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#Frequently_Asked_Questions_on_Low_PE_Stocks_to_Watch\" title=\"Frequently Asked Questions on Low PE Stocks to Watch\">Frequently Asked Questions on Low PE Stocks to Watch<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#Which_are_the_best_low_PE_stocks_to_watch_for_multibagger_potential\" title=\"Which are the best low PE stocks to watch for multibagger potential?\">Which are the best low PE stocks to watch for multibagger potential?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#Is_Infosys_a_good_stock_for_long-term_investors\" title=\"Is Infosys a good stock for long-term investors?\">Is Infosys a good stock for long-term investors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#Can_JSW_Steel_become_a_multibagger_from_here\" title=\"Can JSW Steel become a multibagger from here?\">Can JSW Steel become a multibagger from here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#What_is_the_market_cap_of_Infosys_JSW_Steel_and_ONGC\" title=\"What is the market cap of Infosys, JSW Steel and ONGC?\">What is the market cap of Infosys, JSW Steel and ONGC?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#What_are_the_risks_of_investing_in_low_PE_stocks\" title=\"What are the risks of investing in low PE stocks?\">What are the risks of investing in low PE stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#Is_ONGC_trading_below_its_industry_PE\" title=\"Is ONGC trading below its industry PE?\">Is ONGC trading below its industry PE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/largecap-low-pe-stocks-to-watch-multibagger-potential\/#How_much_do_institutions_hold_in_Infosys_JSW_Steel_and_ONGC\" title=\"How much do institutions hold in Infosys, JSW Steel and ONGC?\">How much do institutions hold in Infosys, JSW Steel and ONGC?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Low_PE_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\"><\/span><strong>What Are Low PE Stocks and Why Do They Attract Multibagger Interest?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Low PE stocks are shares of companies whose price is low compared with their yearly profit. A lower PE means an investor pays fewer rupees for each rupee of earnings, which can leave more room for gains if profits keep growing.<\/p>\n<p>Low PE alone does not make a stock good, but a low PE together with steady profit, healthy returns and regular dividends is a useful starting point. Companies that meet these tests are the ones investors compare in low PE stocks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Low_PE_Stocks_at_a_Glance_Price_Market_Cap_PE_and_ROE\"><\/span><strong>Low PE Stocks at a Glance: Price, Market Cap, PE and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Prices are closing prices as of 16 October 2026. ONGC has the lowest PE of the group at 6.32, while Infosys posts the highest return on equity at 33.24%.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Industry PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Debt to Equity<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">52-Week Range (Rs)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/infy\/infosys-ltd-share-price-today\">Infosys<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,161.20<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4,41,906<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">14.57<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">18.27<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">33.24%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.10<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">980.40 to 1,728.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/jswsteel\/jsw-steel-ltd-share-price-today\">JSW Steel<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,216.30<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,93,638<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10.49<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">22.42<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.21%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.99<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,073.20 to 1,351.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/ongc\/oil-and-natural-gas-corporation-ltd-share-price-today\">Oil and Natural Gas Corporation<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">222<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,83,245<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">6.32<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.16<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">11.14%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.47<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">218.53 to 307.50<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Infosys_Return_on_Equity_of_3324\"><\/span><strong>Infosys: Return on Equity of 33.24%<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Infosys is a large IT services and consulting company that has built an AI-first offering around its Topaz platform. It reported FY26 revenue of Rs 1,82,972 crore, up 9.83% year on year, and net profit of Rs 29,474 crore, up 10.18%. Net profit has compounded at 7.41% a year since FY22, while revenue has grown 10.23% a year. Operating margin was 25.36% in FY26. The debt-to-equity ratio is 0.10, which keeps interest costs low.<\/p>\n<p>In the June 2026 quarter, revenue rose 13.56% to Rs 49,195 crore and net profit grew 12.29% to Rs 7,775 crore. Domestic institutions raised their holding from 39.60% in June 2025 to 42.96% in June 2026. The stock trades at a PE of 14.57 against an industry PE of 18.27, below the sector average, with a return on equity of 33.24%. The dividend yield is 4.40%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"JSW_Steel_Quarterly_Profit_Up_11258\"><\/span><strong>JSW Steel: Quarterly Profit Up 112.58%<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>JSW Steel is one of India&#8217;s largest steel producers, with integrated plants across the country. It reported FY26 revenue of Rs 1,86,718 crore, up 10.15% year on year, and net profit of Rs 25,508 crore, up 630.68%. Net profit has compounded at 5.06% a year since FY22, while revenue has grown 6.00% a year. Operating margin was 16.56% in FY26.<\/p>\n<p>The stock trades at a PE of 10.49 against an industry PE of 22.42, below the sector average. In the June 2026 quarter, revenue rose 10.55% to Rs 48,088 crore and net profit grew 112.58% to Rs 4,696 crore. The share price has gained 68.48% over five years. Domestic institutions raised their holding from 10.92% in June 2025 to 11.49% in June 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"ONGC_Profit_Compounding_at_025_a_Year\"><\/span><strong>ONGC: Profit Compounding at 0.25% a Year<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>ONGC is India&#8217;s largest crude oil and natural gas producer, owned by the Government of India, with an overseas arm in ONGC Videsh. It reported FY26 revenue of Rs 6,21,019.28 crore and net profit of Rs 49,793.10 crore, up 29.91%. Revenue has compounded at 5.64% a year since FY22. Operating margin was 17.82% in FY26. The debt-to-equity ratio is 0.47.<\/p>\n<p>Revenue for the June 2026 quarter rose 25.48% to Rs 2,07,775.93 crore, at an operating margin of 9.44%. Foreign investors raised their holding from 7.09% in June 2025 to 8.01% in June 2026. The stock trades at a PE of 6.32 against an industry PE of 7.16, below the sector average. The dividend yield is 3.22%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Low_PE_Stocks_Financial_Comparison_on_Growth_and_Margins\"><\/span><strong>Low PE Stocks: Financial Comparison on Growth and Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares scale and growth across these low PE stocks. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">4-Year Revenue CAGR<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">4-Year Net Profit CAGR<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Latest Quarter Revenue Growth<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Operating Margin (Latest Quarter)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Infosys<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,82,972<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">29,474<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10.23%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.41%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.56%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">25.71%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">JSW Steel<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,86,718<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">25,508<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">6.00%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">5.06%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10.55%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">21.45%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">ONGC<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">6,21,019.28<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">49,793.10<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">5.64%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.25%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">25.48%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">9.44%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these low PE stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Institutional_Holding_in_Infosys_JSW_Steel_and_ONGC\"><\/span><strong>Institutional Holding in Infosys, JSW Steel and ONGC<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Institutional holding shows who is backing these low PE stocks alongside the promoter. The table uses the latest reported quarter for each. Infosys has the deepest institutional backing, with FII and DII together holding 70.05% as of June 2026. Domestic institutions increased their holding over the past year in Infosys (from 39.60% to 42.96%) and JSW Steel (from 10.92% to 11.49%).<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Promoter<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">FII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">DII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Public<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Quarter<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Infosys<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.82%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">27.09%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">42.96%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16.13%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">JSW Steel<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">44.29%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">25.92%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">11.49%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">18.30%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">ONGC<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">58.89%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">8.01%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">19.31%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.79%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Weigh_in_Low_PE_Stocks\"><\/span><strong>Risks to Weigh in Low PE Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Being careful with low PE stocks means looking at what can slow the story as well as what can speed it up. Four points matter most:<\/p>\n<ul>\n<li>A low PE can reflect cyclical earnings.<\/li>\n<li>Compare each PE with the industry PE before investing.<\/li>\n<li><strong>Valuation:<\/strong> A low PE can also reflect slower growth, so compare each PE with the growth rate instead of reading it alone.<\/li>\n<li><strong>Concentration:<\/strong> Holding all 3 names puts the allocation in one sector, so size each position to match your risk appetite.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_Between_Low_PE_Stocks\"><\/span><strong>How to Choose Between Low PE Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Picking from low PE stocks comes down to four checks, applied in order.<\/p>\n<ol>\n<li>Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.<\/li>\n<li>Compare each PE with the industry PE (7.16 to 22.42) and ask whether the growth rate justifies any gap.<\/li>\n<li>Track the PE ratio against the industry PE, profit growth and the dividend payout in every result.<\/li>\n<li>Stagger entries across quarters and review institutional holding every reporting season.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Infosys, JSW Steel and ONGC live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among low PE stocks, Infosys stands out for the highest return on equity at 33.24%, JSW Steel for the biggest five-year price gain at 68.48% and ONGC for the lowest PE of the group at 6.32. Which one suits a portfolio depends on how much valuation risk it can carry, so staggering entries and reviewing each quarterly result is a sound habit. Investors comparing low PE stocks should rank them on growth, financial strength and the price paid, and anyone who wants personalised guidance can consult a SEBI-registered advisor before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Low_PE_Stocks_to_Watch\"><\/span><strong>Frequently Asked Questions on Low PE Stocks to Watch<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_low_PE_stocks_to_watch_for_multibagger_potential\"><\/span><strong>Which are the best low PE stocks to watch for multibagger potential?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Infosys, JSW Steel and ONGC are the 3 names this list highlights, with market caps of Rs 4,41,906 crore, Rs 2,93,638 crore and Rs 2,83,245 crore respectively. Infosys is notable for the highest return on equity at 33.24%. JSW Steel stands out for the biggest five-year price gain at 68.48%. ONGC offers the lowest PE of the group at 6.32. These are watchlist names for low PE stocks, not recommendations, so match each one to your own risk profile and time horizon.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Infosys_a_good_stock_for_long-term_investors\"><\/span><strong>Is Infosys a good stock for long-term investors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Infosys has a return on equity of 33.24%, a PE of 14.57 against an industry PE of 18.27 and a market cap of Rs 4,41,906 crore. Net profit has compounded at 7.41% a year since FY22, and FY26 revenue rose 9.83% while June 2026 quarter net profit grew 12.29%. Long-term returns in low PE stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_JSW_Steel_become_a_multibagger_from_here\"><\/span><strong>Can JSW Steel become a multibagger from here?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> JSW Steel has already gained 68.48% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in low PE stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 5.06% a year since FY22, and FY26 revenue rose 10.15%. At a PE of 10.49 against an industry PE of 22.42, valuation should be checked against that growth before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_of_Infosys_JSW_Steel_and_ONGC\"><\/span><strong>What is the market cap of Infosys, JSW Steel and ONGC?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 16 October 2026, Infosys has a market cap of Rs 4,41,906 crore, JSW Steel has a market cap of Rs 2,93,638 crore and ONGC has a market cap of Rs 2,83,245 crore. All of them qualify as largecaps. Market cap changes daily with the share price, so check the latest figure on the Univest Screener or on NSE before taking a decision on low PE stocks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_low_PE_stocks\"><\/span><strong>What are the risks of investing in low PE stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are cyclical earnings, commodity price swings and a PE that stays low for long. Companies with steady cash flows and regular dividends handle these better. Comparing each PE with growth gives a fuller picture than the PE alone.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_ONGC_trading_below_its_industry_PE\"><\/span><strong>Is ONGC trading below its industry PE?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ONGC trades at a PE of 6.32 against an industry PE of 7.16. A lower PE means investors pay less for each rupee of earnings, but it should be read with growth (June 2026 quarter revenue grew 25.48%) and balance sheet strength before drawing a conclusion.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_do_institutions_hold_in_Infosys_JSW_Steel_and_ONGC\"><\/span><strong>How much do institutions hold in Infosys, JSW Steel and ONGC?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of the latest reported quarter, FII and DII together hold 70.05% of Infosys (27.09% and 42.96%), 37.41% of JSW Steel (25.92% and 11.49%) and 27.32% of ONGC (8.01% and 19.31%). Rising institutional holding is a useful signal in low PE stocks, though it should be read with earnings trends rather than on its own.<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best low PE stocks to watch for multibagger potential?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Infosys, JSW Steel and ONGC are the 3 names this list highlights, with market caps of Rs 4,41,906 crore, Rs 2,93,638 crore and Rs 2,83,245 crore respectively. Infosys is notable for the highest return on equity at 33.24%. JSW Steel stands out for the biggest five-year price gain at 68.48%. ONGC offers the lowest PE of the group at 6.32. 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