This stock screener looks at PE Buy Zone stocks with high Trendlyne durability scores, which outperformed both the benchmark index and their industry in the past month.

These stocks also have a beta lower than 1, meaning their stock prices are less volatile than the overall market. Beta is a measure of the volatility (or systematic risk) of a company compared to the market as a whole. It is important to note that this doesn't necessarily mean the company has fewer risks. It implies that its systematic market risk is lower compared to the benchmark index. It is possible for a firm to have low systematic risk but high firm-specific risks. 

Just twenty five companies from the Nifty 500 made it to the list. Companies from the pharma and agrochemical industries are well represented. The top two companies that rose the highest, outperforming both the industry and the benchmark, were Bank of Maharashtra and  Sharda Cropchem.

Bank of Maharashtra's share price rose over 50% in the past month. PSU banks have been in the news lately as the industry posted promising Q2FY23 results. Bank of Maharastra's revenue has been increasing for the past eight quarters. In addition, this PSU Bank's asset quality improving with rising net interest margins also excited investors.

Sharda Cropchem rose over 25% in the past month on the back of good Q2FY23 results. However, the company still trades in the PE Buy Zone, which means that its TTM PE ratio is lower than its historical PE ratio. According to Trendlyne's DVM classification, the stock comes under "strong performer, under radar stocks". 

You can find more screeners here.