{"id":334592,"date":"2026-11-02T11:08:14","date_gmt":"2026-11-02T05:38:14","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=334592"},"modified":"2026-11-02T11:08:14","modified_gmt":"2026-11-02T05:38:14","slug":"largecap-dii-backed-reasonable-pe-stocks-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/largecap-dii-backed-reasonable-pe-stocks-to-watch-multibagger-potential\/","title":{"rendered":"4 Largecap DII Backed Reasonable PE Stocks to Watch for Future Multibagger Potential: ICICI Bank, L&T, Tata Steel and Cholamandalam"},"content":{"rendered":"

ICICI Bank Rs 1,398. L&T Rs 3,871.70. Tata Steel Rs 167.60. Cholamandalam Rs 1,586. Market caps from Rs 1.40 lakh crore to Rs 9.61 lakh crore. Data as of 30 Oct 2026.<\/em><\/p>\n

\n

Quick Answer<\/strong><\/p>\n

ICICI Bank, L&T, Tata Steel and Cholamandalam are the 4 picks in this DII backed reasonable PE stocks watchlist, with market caps between Rs 1.40 lakh crore and Rs 9.61 lakh crore. ICICI Bank stands out for the lowest PE of the group at 16.08, while L&T offers 12.23% revenue growth in FY26. PE ratios run from 16.08 to 27.13, so compare each one with its industry PE before investing. All figures are as of 30 October 2026.<\/p>\n<\/p><\/div>\n

DII backed reasonable PE stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. ICICI Bank, L&T, Tata Steel and Cholamandalam meet that test, with market caps from Rs 1.40 lakh crore to Rs 9.61 lakh crore and ICICI Bank offering the lowest PE of the group at 16.08. Each of these companies has a domestic institutional holding of at least 20 per cent and a price to earnings ratio below 30, a return on equity of at least 10 per cent and profit growth in FY26 and in the latest quarter, and net profit rose in FY26 and in the latest quarter.<\/p>\n

This list covers companies with a domestic institutional holding of at least 20 per cent and a price to earnings ratio below 30, a return on equity of at least 10 per cent and profit growth in FY26 and in the latest quarter, rising profit in FY26 and the latest quarter, market capitalisation above Rs 1,00,000 crore, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap above Rs 1 lakh crore. Investors screening DII backed reasonable PE stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 30 October 2026 and are drawn from NSE and BSE data and company filings.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n