Indian Materials Healthy potentially undervalued

Sharda Cropchem

Market Cap: ₹81.6b

A crop protection chemical company, provides various formulations and generic active ingredients worldwide.

Sudarshan Chemical Industries

Market Cap: ₹73.7b

Manufactures and sells organic, inorganic, effect pigments, and dispersions in India and internationally.

Coromandel International

Market Cap: ₹517.3b

Provides agriculture solutions in India and internationally.

Ambuja Cements

Market Cap: ₹1.1t

Manufactures, markets, and sells cement and related products to individual homebuilders, developers, infrastructure projects, masons and contractors, professionals, and architects and engineers in India.

Greenpanel Industries

Market Cap: ₹22.8b

Engages in the manufacturing and sale of plywood, medium density fibre board (MDF), and allied products under the Greenpanel brand name in India and internationally.

Tata Chemicals

Market Cap: ₹193.2b

Manufactures, markets, sells, and distributes basic chemistry and specialty products in India, rest of Asia, Africa, Europe, the United Kingdom, the Americas, and internationally.

UPL

Market Cap: ₹546.1b

Manufactures and sells pesticides, insecticides, and micronutrients in India, Brazil, the United States, the United Kingdom, and internationally.