DSIJ Mindshare

As Warren Buffett famously said, "Price is what you pay; value is what you get." And there's no better time to find value than when the market is down.

Shares of Indian Overseas Bank, the top BSE Midcap gainer, rocketed and locked at 20 per cent upper circuits. 

The company has a PE multiple of only 18.9 while the industry PE multiple is 34.2 and an ROE of 28.2 per cent, all of which point to strong managerial performance.

Interestingly, 10 out of 13 stocks managed to deliver positive returns in the last two years. Now, here comes the most fascinating thing which would leave everyone spellbound and it's the fact that not one or two stocks but as many as four stocks have turned into multi-baggers!  

Going ahead, the theme of sector churning and stock-specific outperformance is likely to remain intact and hence, we have come out with a list of stocks that should be on your radar.