Only Bollywood, right? So not including regional stars.
Smita and Shabana - Arth
Seema Biswas - Bandit Queen
Tapsee Pannu - Pink, Badla (same character, multiple interps. Not many could pull it off.
Vidya Balan - Kahani, The Dirty Picture
Tabu - pretty much everything she's touched except her really early stuff
Sridevi- good actress but totally focused on commercial success. She was just starting to shift gears when she passed.
Manisha - no, not overrated. Just the films people point to are mediocre like the Mani Ratnam melodramas. Watch I Am to know how good she is.
Rani Mukherjee - Black
I wish I knew more of the pre 80s actresses to comment. Am sure there were some good ones before the time I learned Hindi also.
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