Indian Materials Healthy potentially undervalued

Welspun

Market Cap: ₹208.4b

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

Castrol India

Market Cap: ₹186.4b

Manufactures and markets automotive and industrial lubricants in India and internationally.

Deepak Fertilisers And Petrochemicals

Market Cap: ₹152.3b

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

JK Paper

Market Cap: ₹60.4b

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

Ambuja Cements

Market Cap: ₹1.4t

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

EPL

Market Cap: ₹67.9b

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.

Galaxy Surfactants

Market Cap: ₹72.3b

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