India, Feb. 24 -- Investing in fundamentally strong stocks with a price-to-earnings (P/E) ratio lower than the industry average is a classic strategy for value-focused investors. These stocks typically combine solid financial health, consistent earnings growth, and competitive advantages with an attractive valuation relative to their peers.

A lower-than-industry P/E suggests that the stock may be undervalued, offering potential for long-term capital appreciation while minimising downside risk. This approach helps investors identify trading at a reasonable price compared to the broader sector.

Bharat Electronics Ltd Bharat Electronics Limited is a leading public sector company in India's defence and aerospace electronics sector. It deve...