Indian Capital Goods Top Stock Picks from Analysts

Adani Enterprises

Market Cap: ₹2.7t

Operates as a conglomerate company in India and internationally.

Siemens

Market Cap: ₹971.4b

Manufactures and sells electric motors, generators, transformers, electricity distribution and control apparatus, general purpose machinery, other electrical equipment, electronic components, and optical products in India and internationally.

GE Vernova T&D India

Market Cap: ₹341.3b

Engages in building power transmission and distribution infrastructure in India and internationally.

KEI Industries

Market Cap: ₹248.8b

Manufactures, sells, and markets wires and cables in India and internationally.

APAR Industries

Market Cap: ₹202.0b

Engages in the electrical and metallurgical engineering business in India and internationally.

Inox Wind

Market Cap: ₹197.6b

Engages in the manufacture and sale of wind turbine generators and components for independent power producers, utilities, public sector undertakings, businesses, and private investors in India.

Triveni Turbine

Market Cap: ₹157.5b

Manufactures and supplies power generating equipment and solutions in India and internationally.

Finolex Cables

Market Cap: ₹133.9b

Engages in the manufacture and sale of electrical and communication cables, and other electrical appliances in India and internationally.

Kajaria Ceramics

Market Cap: ₹127.5b

Manufactures, sells, and distributes ceramic and vitrified wall and floor tiles under the Kajaria, GresBond, and Eternity brands in India and internationally.

Kirloskar Oil Engines

Market Cap: ₹105.4b

Manufactures and distributes diesel engines, agricultural pump sets, electric pump sets, power tillers, generating sets, and spares in India and internationally.

R R Kabel

Market Cap: ₹102.8b

Manufactures and sells wires and cables, and fast-moving electrical goods (FMEG) in India and internationally.

Titagarh Rail Systems

Market Cap: ₹100.6b

Engages in the manufacture and sale of freight and passenger rail systems in India and internationally.

Praj Industries

Market Cap: ₹92.1b

Operates in the field of bio-based technologies and engineering worldwide.

Azad Engineering

Market Cap: ₹86.4b

Manufactures and sells precision- engineered components in India and internationally.

GMR Power And Urban Infra

Market Cap: ₹83.5b

Engages in the energy, urban infrastructure, and transportation businesses in India.

Isgec Heavy Engineering

Market Cap: ₹75.8b

Provides engineering solutions worldwide.

Voltamp Transformers

Market Cap: ₹70.6b

Manufactures and sells electrical transformers.

H.G. Infra Engineering

Market Cap: ₹68.6b

Engages in the engineering, procurement, and construction (EPC) business in India.

Electrosteel Castings

Market Cap: ₹58.7b

Manufactures and supplies ductile iron (DI) pipes, ductile iron fittings (DIF) and accessories, and cast iron (CI) pipes in India and internationally.

Sterling and Wilson Renewable Energy

Market Cap: ₹58.6b

Engages in the provision of engineering, procurement, and construction (EPC) services to solar power projects.

Texmaco Rail & Engineering

Market Cap: ₹53.6b

Manufactures, sells, and provides services for rail and rail related products in India and internationally.

Skipper

Market Cap: ₹52.0b

Manufactures and sells transmission and distribution structures, telecom towers, and fasteners in India.

GMM Pfaudler

Market Cap: ₹47.3b

Designs, manufactures, installs, and services corrosion-resistant glass lined equipment used in the chemical, pharmaceutical, and other industries in India and internationally.

Rolex Rings

Market Cap: ₹36.3b

Manufactures and sells machined and forged bearing rings and automotive components in India and internationally.

Patel Engineering

Market Cap: ₹33.7b

Provides infrastructure and construction services in India and internationally.

Jamna Auto Industries

Market Cap: ₹28.8b

Engages in the manufacture and sale of tapered leaf, parabolic springs, and lift axles under the JAI brand in India and internationally.

Stylam Industries

Market Cap: ₹28.5b

Manufactures and sells laminates, solid surface panels and allied products in India and internationally.

HPL Electric & Power

Market Cap: ₹27.7b

Manufactures and sells electric equipment under the HPL brand in India.

Prince Pipes and Fittings

Market Cap: ₹27.4b

Manufactures and sells piping solutions in India.

NRB Bearings

Market Cap: ₹20.2b

Manufactures and sells ball and roller bearings for original equipment manufacturers in India and internationally.

JNK India

Market Cap: ₹18.3b

A heating equipment company, engages in designing, engineering, manufacturing, fabricating, procurement, erection, supplying, installing, and commissioning of process fired heaters, reformers, and cracking furnaces in India and internationally.

Man Industries (India)

Market Cap: ₹17.5b

Manufactures, processes, and trades in submerged arc welded pipes and steel products in India.

Somany Ceramics

Market Cap: ₹17.4b

Engages in the manufacture and sale of ceramic tiles and related products in India.

Carysil

Market Cap: ₹17.0b

Manufactures and trades in quartz kitchen and stainless steel kitchen sinks, bath products, tiles, kitchen appliances, and accessories in India.

Hindware Home Innovation

Market Cap: ₹16.5b

Engages in the manufacturing, selling and trading of building products, consumer appliances, and retail business in India.

ideaForge Technology

Market Cap: ₹14.6b

Engages in the design, development, manufacture, and marketing of unmanned aerial vehicle (UAV) systems for security and surveillance applications in India and internationally.