Indian Materials Healthy potentially undervalued

Gulf Oil Lubricants India

Market Cap: ₹44.6b

Manufactures, markets, and trades lubricating oils, greases, and other derivatives for use in the automobile and industrial sectors in India.

Hindalco Industries

Market Cap: ₹2.2t

Manufactures and distributes aluminum and copper products in India, the United States, Brazil, South Korea, the United Kingdom, Germany, China, and internationally.

Dhanuka Agritech

Market Cap: ₹46.2b

Operates as an agro-chemical company in India.

Welspun

Market Cap: ₹254.0b

Manufactures, trades in, distributes, and sells steel pipes, tubes, bars, coils, and plates in India, the United States, and internationally.

EPL

Market Cap: ₹75.0b

Manufactures and sells plastic packaging materials in the form of multilayer collapsible tubes, corrugated boxes, and laminates in the Americas, Europe, Africa, the Middle East, South Asia, and the East Asia Pacific.

Greenpanel Industries

Market Cap: ₹25.6b

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.

Sudarshan Chemical Industries

Market Cap: ₹64.1b

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

UPL

Market Cap: ₹544.5b

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

Jubilant Ingrevia

Market Cap: ₹102.5b

Engages in life science products and solutions in India, the United States, Europe, China 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.