An empirical study on value investing in indian stock market

<p>Stock market anomalies have always been a hot topic of debate between scholars and investment practitioners. And the fascination is not new. It all started with the Great Depression of the 1930s when the stock markets crashed steeply. Since then the academician of the world has gotten into a rat race of developing theories to determine the true value of common stocks. These pricing theories became the cheese slice for investors who wanted to chase abnormal returns by utilizing the knowledge of stock mispricing. </p>