7 high-growth large caps at reasonable prices

In today's market, finding growth stocks that are priced fairly remains an investor's holy grail. High-growth stocks often come with inflated prices while value stocks rarely match the growth investors crave. The key, then, lies in finding companies that combine strong growth with reasonable valuations—the essence of the Growth at a Reasonable Price (GARP) strategy. To identify such opportunities, we ran a screen for large-cap stocks that have delivered consistent earnings growth (with a Growth Score above 7) and are not overpriced (Valuation Score above 4). From this pool, we shortlisted seven fundamentally strong companies that balance growth and affordability. Let's take a closer look at Adani Power and State Bank of India (SBI)—two stocks that not only meet our criteria but also reflect broader themes in India's economic growth. Company Market cap (Rs cr) 5Y profit after tax growth (%) Current P/B 5Y median P/B HDFC Bank 1482237 21 2.9 3.2 ICICI Bank 1023123 40 3.3 3.1 SBI 718566 36 1.6 1.5 Bajaj Finance 566186 26 5.9 7.6 Kotak Bank