Indian Undervalued Small Caps

Krsnaa Diagnostics

Market Cap: ₹23.2b

Provides diagnostic services in India.

Strides Pharma Science

Market Cap: ₹73.4b

Develops, manufactures, and sells pharmaceutical products in Africa, Australia, North America, Europe, Asia, and internationally.

Nitin Spinners

Market Cap: ₹17.9b

Manufactures and sells cotton and blended yarns, knitted fabrics, and finished woven fabrics in India and internationally.

Surya Roshni

Market Cap: ₹51.5b

Manufactures and sells steel pipes and strips, and lighting and consumer durables in India.

Thomas Cook (India)

Market Cap: ₹57.7b

Offers integrated travel services in India and internationally.

Huhtamaki India

Market Cap: ₹13.7b

Manufactures and sells of flexible consumer packaging and labelling solutions in India.

BLS International Services

Market Cap: ₹113.2b

Provides outsourcing and administrative task of visa, passport, and consular services to various diplomatic missions in India.

S H Kelkar

Market Cap: ₹19.7b

Manufactures and supplies fragrances, flavors, and aroma ingredients in India.

Pennar Industries

Market Cap: ₹21.3b

Operates as an engineering company in India and internationally.

IOL Chemicals and Pharmaceuticals

Market Cap: ₹20.3b

Manufactures and sells pharmaceutical and chemical products in India and internationally.

Transrail Lighting

Market Cap: ₹61.7b

An engineering, procurement, and construction (EPC) company, engages in the designing, manufacturing, testing, installation, and supply of galvanized steel structures and conductors for power transmission and distribution in India and internationally.

GPT Healthcare

Market Cap: ₹10.6b

Owns and operates a chain of multispecialty hospitals under the ILS Hospitals brand name in India.

Man Industries (India)

Market Cap: ₹23.5b

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

E.I.D.- Parry (India)

Market Cap: ₹156.2b

Engages in the manufacture and sale of sugar, nutraceuticals, and distillery products in India, North America, Europe, and internationally.

Technocraft Industries (India)

Market Cap: ₹45.2b

Engages in scaffolding business in India and internationally.

JK Paper

Market Cap: ₹53.9b

Engages in the production and sale of paper products in India.

Marksans Pharma

Market Cap: ₹74.0b

Engages in the research, manufacturing, marketing, and sale of pharmaceutical formulations in the United States, North America, Europe, the United Kingdom, Australia, New Zealand, and internationally.

Apeejay Surrendra Park Hotels

Market Cap: ₹25.8b

Owns and operates hotels in India.

UTI Asset Management

Market Cap: ₹125.3b

UTI Asset Management Company (P) Ltd. is a privately owned investment manager.

International Gemmological Institute (India)

Market Cap: ₹128.3b

Engages in the certification and accreditation services for natural diamonds, laboratory grown diamonds, studded jewelry, and colored gemstones in India and internationally.

Intellect Design Arena

Market Cap: ₹124.1b

Engages in the development, marketing, and sale of integrated banking software systems in India and internationally.

Sandhar Technologies

Market Cap: ₹29.8b

Engages in the manufacturing and assembling of automotive components for the automotive industry in India and internationally.

Gujarat Pipavav Port

Market Cap: ₹80.2b

Engages in the construction, operation, and maintenance of port at Pipavav in Gujarat, India.

Signatureglobal (India)

Market Cap: ₹121.2b

Operates as a real estate development company in India.

Ajax Engineering

Market Cap: ₹55.7b

Manufactures and sells self-loading concrete mixers, concrete batching plants, and concrete pumps in India and internationally.

Blue Jet Healthcare

Market Cap: ₹75.0b

Engages in the manufacturing and sale of pharmaceutical intermediates and active pharmaceutical ingredients (APIs) for use in pharmaceutical and healthcare products.

Senores Pharmaceuticals

Market Cap: ₹36.9b

Develops, manufactures, sells, and trades in pharmaceutical and allied products in India, the United States, the United Kingdom, Canada, and internationally.

R Systems International

Market Cap: ₹42.3b

A digital product engineering company, designs and builds chip-to-cloud software products and platforms.

Globus Spirits

Market Cap: ₹26.5b

Manufactures and sells bulk alcohol and alcoholic products in India and internationally.

Inox Wind

Market Cap: ₹179.0b

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.

Indian Metals and Ferro Alloys

Market Cap: ₹59.7b

Engages in the production and sale of ferro chrome in India and internationally.

Greenply Industries

Market Cap: ₹27.2b

An interior infrastructure company, engages in the manufacture and trading of plywood and allied products in India and internationally.

Alicon Castalloy

Market Cap: ₹11.1b

Manufactures and sells aluminium castings in India.

RITES

Market Cap: ₹104.7b

Operates as an engineering consultancy company in the field of railways, highways, airports, ports, ropeways, urban transport, and inland waterways.

Jana Small Finance Bank

Market Cap: ₹39.3b

Provides banking and financial services to individuals and enterprises in India.

V-Mart Retail

Market Cap: ₹45.6b

Operates a chain of retail departmental stores in India.