Grasim, Reliance among top 10 Nifty stocks trading at premium of over 30%

Shares of Grasim Industries are trading at the highest premium of 93% among the Nifty50 group, with its 10 year average PE of 14x.

RIL shares are trading at a premium of 65% against its 10-year PE average of 15.6x.

Bajaj Auto’s 10 year average PE stands at 18x, while the stock is currently trading at a premium of around 56%.

Shares of Divi’s Lab are currently trading at a healthy premium of around 55% vis-a-vis its 10 year PE average.

Adani Ports’ historical PE average of 10 years stands at 18.6x as the stock is trading at a premium of 55%.

Shares of Tech Mahindra are trading at a premium of 43% currently.

HCL Tech shares are trading at a premium of 37%, while its 10 year PE of 16.3x.

Shares of M&M are trading at a 36% premium against its 10 year PE average of 18.4x.

Tata Consumers 10 year PE average is 46.6x and the stock is trading at a premium of 28%.

Shares of LTI Mindtree are trading at a premium of 31% with a 10 year average PE of 33.3x.


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