Good list mate!!
My two cents, given we have a few holdings in common and a few i studied!!
While investing in value portfolio, i prefer to have companies with some trigger in near term (like in a year or two; something to bring it to notice and possibly revert to fair valuation). I feel it necessary or otherwise these stocks may just keep on languishing. Example, Sintex with demerger news in September and textile story even older; but nobody bothered and now so many brokerages are coming out with buy on Sintex and value unlocking from demerger !!!
commenting below on some i am familiar with:
HGS: I like, good revenue growth. Profitability stuck because of Canadian operations, BPO acquisitions etc etc. Less likely to be disrupted from the Trump/ Visa/ IT issue, given they have aggressive hiring plans in Canada. Good dividend and cash flow history; i continue to hold from lower levels of c.450/ share.
Jindal poly: Well if your thought is low PE; note that it has historically traded at low levels only. If PE expansion didn’t happen in last few years, when duds were flying like rocket; what makes you think it might happen in next year?
Sintex: we discussed above.
Inox: Be cautious; its a value play, but their product quality & future lineup is not that good as Suzlon. This might just result in market share shifting to Suzlon (actually a trend is already visible). I am invested in Suzlon; but if you want to avoid debt, might have a look at proxy- Sanghvi.
Eldeco: I have bought a home from them in Lucknow, big setup coming up. They have a good reputation in that area; but i think that is not visible in numbers and possibly because the group operates through multiple entities. So projects might not be coming in this one.
Page: Agree with your point on valuation of Page; but in downturn quality stocks fall way less than mid or small caps and in uptrend, nobody goes down. This might be an under-performer for a while and thats how, might reach fair value; rather than dropping like a bomb.
Also, depends on how you built up this position; if yours is a relative bet, lets say to NIFTY (Buy nifty and short page), you might have to rollover next few quarters and answer margin calls, before Santa Claus answers your call. But Outright short, i am not sure how great that idea is, good luck!!
Divis: Mr Market is fearfull, but at times comes back with vengeance. Example, wellspun, where i made some good money, buying after the Egyptian issue. on Divis, some of their products are exempted from import Alerts, their CRAMS business to continue. Maybe the impact on valuation front is overdone; although not an expert, and so not buying here (for now)!! But any move (either up or down) would be a sharp one, around June quarter results, as the impact will get clearer. Also, i think their other unit is yet to be visited by FDA; keep your fingers crossed, if that happens sooner, you might get lucky.