Which of today's cheap stocks are actually worth buying?
Hundreds of NSE stocks look "cheap" right now. Most are cheap for a reason. Here's the 3-step filter we use to separate real opportunities from value traps, plus the exact screen you can run yourself.
A low price-to-book or a beaten-down chart isn't enough on its own; plenty of stocks are cheap because the business is deteriorating. The method layers three independent checks, each answering a different question, so a stock only qualifies if it passes all three.
Filter by VII, Value or Deep Value zone
The Value & Investment Index (VII) measures where a stock sits within its own recent trading range and valuation history, not against other stocks, against itself. A "Value" or "Deep Value" zone means it's trading well below where it usually does.
Check the Fundamental Score is Strong
A composite 0-100 score across profitability, leverage, and growth, independent of price. This is the filter that keeps out stocks that are cheap because they deserve to be. We require 70+.
Verify with the Relative Rotation Graph (RRG)
Plots a stock's relative strength and momentum vs. NIFTY 50. Leading or Weakening means it's already outperforming, so the re-rating may already be priced in. Lagging or Improving means it's still catching up, which is where a value pick should sit before the crowd notices.
ASIANPAINT ASIANPAINT · Basic Materials
All three line up: undervalued, fundamentally strong, and not yet re-rated by the market. That combination, not any single metric, is the signal.
Opens the screener pre-filtered to all three steps: VII ≤ 30, Fundamental Score ≥ 70, and RRG still Lagging. Sorted cheapest first. RRG covers the NIFTY 500, so this screen is large and mid caps — see the RRG page for the full rotation path.
Prefer one number instead of three?
The Verdict Score already blends Fundamental, Technical, and Sentiment into a single 0-100 score and recommendation for any stock. It's a faster gut-check, though it doesn't carry RRG's timing signal.
UltraTech Cement Limited (ULTRACEMCO)
Check any stock's Verdict Score
Open a stock's page to see its live Fundamental, Technical, and Sentiment breakdown.
Why three tools, not one?
Isn't a low P/E enough on its own?
No. A stock can be statistically cheap because the market correctly expects declining earnings. VII tells you it's cheap; the Fundamental Score tells you whether that's deserved.
Why not just buy anything with a Strong Fundamental Score?
Plenty of great businesses are fully priced or overbought, so a Strong score alone doesn't mean now is a good entry point. Pairing it with VII's valuation zone adds the "is this actually a good price" check.
What does the RRG step actually protect against?
A stock can be cheap and fundamentally sound and still have already started re-rating, meaning much of the easy upside is gone. Lagging/Improving quadrants mean that hasn't happened yet.
Do I have to check RRG manually?
No longer. RRG quadrant is now a screener filter in its own right, so the button above runs all three steps as a single screen. The RRG page is still the place to see the rotation path over time, and it covers indices and sectors as well as stocks.
Know someone who'd find this useful?
Share the method, not just a stock tip. This page updates with the same live screener your group will actually use.
Market Insights
Most tools show you a stock's price. These tell you whether it's actually a good one to own: whether it's cheap relative to its own history (VII), whether the business itself is sound (Fundamental Score), and whether the market has already caught on (RRG). There's also an AI feed that surfaces patterns, like fund flows and insider activity, you'd never spot by scanning prices alone.
Value & Investment Index (VII)
Is it actually cheap? Where a stock sits in its own valuation range.
Fundamental Score Index (FSI)
Is the business actually sound? Quality, profitability, and growth, scored 0 to 100.
Relative Rotation Graph (RRG)
Has the market already caught on? Relative strength vs NIFTY 50.
Volume Surge
Stocks trading at unusual volume today, ranked and archived.
AI Insight Feed
Graph-detected signals: MF flows, insider activity, ETF divergence, pledge risk.