Seven Indian stocks fit Peter Lynch's investment criteria

Seven Indian stocks have been identified as good options for investors following Peter Lynch's growth investing strategy. These stocks include Jagsonpal Pharmaceuticals, Sandur Manganese & Iron Ore, G M Breweries, Indian Metal & Ferro Alloys, VST Industries, Maithan Alloys, and D-Link. They were selected based on their revenue performance, profit margins, and strong financial health. Peter Lynch is an influential American investor known for his strategy called "growth at a reasonable price." This approach values companies with solid growth prospects while looking for fair pricing indicators, like the PEG ratio. MarketSmith has developed a screening process inspired by Lynch to find stocks that are affordable compared to their growth potential and are not heavily held by institutional investors. Jagsonpal Pharmaceuticals reported an operating revenue of Rs 253.6 crore but experienced a revenue decline of 10% over the past year. Its pre-tax margin stands at 14%, and it has a return on equity (ROE) of 11%. The company has no debt, which contributes to its strong financial position. However, the stock is currently trading below its key moving averages. Sandur Manganese & Iron Ore showed an operating revenue of Rs 2,365 crore, with a significant annual revenue decrease of 39%. Nonetheless, it maintains a pre-tax margin of 26% and an ROE of 11%. With a low debt-to-equity ratio of 5%, its financial health appears solid. Its stock is trading above key moving averages. G M Breweries posted an operating revenue of Rs 627 crore with a notable annual growth of 13%. The company's pre-tax margin is 29%, and its ROE is 18%. Like Jagsonpal, it is debt-free, which helps in sustaining stable growth. The stock is below its key moving averages at this time. Indian Metal & Ferro Alloys reported an operating revenue of Rs 2,698 crore and a 5% increase in annual revenue. Its pre-tax margin is 19%, and it also enjoys an ROE of 18%. It has no debt, which supports its strong finance. However, the stock is trading below critical moving averages. VST Industries has an operating revenue of Rs 1,423 crore and achieved annual revenue growth of 10%. Its pre-tax margin is impressive at 28%, with an ROE of 24%. The company is also debt-free, reinforcing its financial strength, but its stock is below key moving averages. Maithan Alloys reported Rs 1,803 crore in operating revenue but faced a revenue decline of 32%. Its pre-tax margin is 26%, with an ROE of 11%. The company is debt-free and maintains a solid financial position, yet its stock is trading below key moving averages. Lastly, D-Link (India) had an operating revenue of Rs 1,348 crore, with a 5% increase in annual revenue. It maintains a pre-tax margin of 10% and an ROE of 21%. With no debt, its strong balance is evident, but, like the others, its stock is also trading below key moving averages.