Indian Undiscovered Gems With Strong Fundamentals

Onix Solar Energy

Market Cap: ₹14.2b

Engages in the trading of non-ferrous metals in India.

Mamata Machinery

Market Cap: ₹10.0b

Mamata Machinery Limited manufacture and sells plastic bag and pouch making systems in India and internationally.

Goldiam International

Market Cap: ₹37.6b

Manufactures and sells gold/silver/platinum and diamond studded jewelry products in India.

Cigniti Technologies

Market Cap: ₹46.9b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Abans Financial Services

Market Cap: ₹10.2b

Operates as a non-banking finance company in India and internationally.

Scoda Tubes

Market Cap: ₹9.1b

Manufactures and sells stainless steel pipes and tubes in India and internationally.

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹10.8b

Manufactures and trades in chemicals, dyes and dyes intermediate, cattle feeds, fertilizers, and soil conditioners in India.

KP Green Engineering

Market Cap: ₹20.2b

Engages in engineering and manufacture of steel structure in India.

Gujarat State Fertilizers & Chemicals

Market Cap: ₹69.3b

Produces and sells fertilizers and chemicals in India.

Gallantt Ispat

Market Cap: ₹133.8b

Engages in manufacture and sale of iron and steel products in India.

Cantabil Retail India

Market Cap: ₹24.3b

Engages in designing, manufacturing, branding, and retailing of apparel and apparel accessories in India.

SML Mahindra

Market Cap: ₹63.8b

Manufactures and sells commercial vehicles and related parts in India and internationally.

BLS E-Services

Market Cap: ₹16.6b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

Timex Group India

Market Cap: ₹31.8b

Engages in designing, manufacturing, and trading of watches in India and internationally.

Saint-Gobain Sekurit India

Market Cap: ₹9.2b

Manufactures and sells laminated and tempered automotive glass in India.

Krishana Phoschem

Market Cap: ₹29.8b

Engages in the manufacture and sale of fertilizers and chemicals under the Annadata and Bharat brands in India.

3B Blackbio Dx

Market Cap: ₹14.5b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

Vidhi Specialty Food Ingredients

Market Cap: ₹16.7b

Engages in manufacture and trading of synthetic food colors.

SG Mart

Market Cap: ₹43.1b

Trades in building material products in India and internationally.

DAM Capital Advisors

Market Cap: ₹14.5b

Provides investment banking services.

Jagsonpal Pharmaceuticals

Market Cap: ₹11.8b

Engages in the manufacturing, selling, and trading of pharmaceutical products and active pharmaceutical ingredients in India and internationally.

PC Jeweller

Market Cap: ₹75.2b

Manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewelry in India.

Park Medi World

Market Cap: ₹65.4b

Operates a network of hospitals.

Monolithisch India

Market Cap: ₹10.9b

Manufactures, trades in, and supplies ramming mass in India and Nepal.

Ramco Industries

Market Cap: ₹26.7b

Engages in the building products, textiles, and power generation businesses in India.

AGI Infra

Market Cap: ₹34.6b

Agi Infra Limited, together with its subsidiary, engages in the real estate and construction businesses in India.

Insolation Energy

Market Cap: ₹26.4b

Engages in the manufacture and sale of solar panels and modules under INA brand name in India.

GOCL

Market Cap: ₹14.0b

Engages in the electronics manufacturing services and the realty businesses in India and internationally.

Monarch Networth Capital

Market Cap: ₹23.6b

Provides financial services to high-net-worth individuals, mutual funds, institutional investors, foreign institutional investors, financial institutions and corporate clients in India.

Indo Tech Transformers

Market Cap: ₹15.2b

Manufactures and sells transformers in India and internationally.

Enviro Infra Engineers

Market Cap: ₹32.8b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

Hind Rectifiers

Market Cap: ₹24.0b

Designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally.

Sambhv Steel Tubes

Market Cap: ₹27.5b

Manufactures and sells electric resistance welded steel pipes, structural tubes, and stainless-steel coils in India.

RRP Defense

Market Cap: ₹12.2b

Engages in the manufacture, operations, repair, renting, and training of drones in India.

KAMA Holdings

Market Cap: ₹89.4b

Engages in the technical textiles, chemicals and polymers, aluminium foils, and packaging film businesses.

PTC India

Market Cap: ₹46.2b

Engages in the trading and generating of power in India, Nepal, Bhutan, and Bangladesh.