Bengaluru, Oct. 5 -- Financially strong small-cap stocks offer great growth potential with less risk. When these stocks have a PEG ratio below 0.5, it means they are undervalued compared to their expected earnings growth. This article highlights five such small-cap companies that show strong financial health and promising future prospects, making them attractive options for smart investors.

Here are a few financially strong small-cap stocks with a PEG less than 0.5 Waaree Renewable Technologies Limited With a market capitalization of Rs. 10,910 crore, the shares of Waaree Renewable Technologies Limited closed at Rs. 1,046.65 per equity share, with a flat movement in the day from its previous day's close price of Rs. 1,046.70.

The compan...