Grab top stocks quoting at a discount

We finally look at top stocks that are trading below their average valuations of the last five years and assess the underlying reasons. Bharti Airtel: In its latest results, Bharti saw pressure on both voice- and data-price realisations. The impending threat from Reliance Jio has weighed in on the stock performance too. ONGC: ONGC recently hit 52-week lows after it reported its lowest quarterly profit in more than 15 years due to crashing crude prices. ITC: Net profit grew 0.68 per cent in Q3FY16, while sales were up 2.6 per cent. The company has not shown any significant improvement in earnings in the last couple of years. NTPC: A fall in power-generation revenue led to an 18.9 per cent decline in Q3 PAT. The plant-load factor declined to 78.23 per cent from 80.79 per cent YoY. Wipro: Flagging sales and earnings growth have dogged the company for some time. Q3 sa