Indian Materials Healthy potentially undervalued

Welspun

Market Cap: ₹211.7b

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

Hindalco Industries

Market Cap: ₹2.0t

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

Deepak Fertilisers And Petrochemicals

Market Cap: ₹130.1b

Engages in the manufacture, trade, and sale of bulk chemicals in India.

Gulf Oil Lubricants India

Market Cap: ₹55.5b

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

Galaxy Surfactants

Market Cap: ₹65.0b

Manufactures and sells surfactants and other specialty ingredients for the personal and home care industry in India and internationally.

EPL

Market Cap: ₹69.6b

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.

Bansal Wire Industries

Market Cap: ₹43.2b

Manufactures and sells steel wires worldwide.