Bengaluru, May 24 -- Investors often see companies with Return on Capital Employed (ROCE) and Return on Equity (ROE) above 20 percent as indicators of strong financial efficiency and good returns over time. When these high-performing companies also have a Price-to-Earnings (PE) ratio below the industry average, they may be considered undervalued, offering potential for capital appreciation in the long run.

This combination suggests the company is not only generating superior returns but also trading at a relatively attractive valuation, making it an appealing option for value and growth investment options.

1. Hindustan Unilever Ltd: Hindustan Unilever Ltd (HUL) is one of India's largest and most trusted fast-moving consumer goods (FMCG)...