Indian Undiscovered Gems With Strong Fundamentals

Hind Rectifiers

Market Cap: ₹23.7b

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

PC Jeweller

Market Cap: ₹80.7b

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

Asian Granito India

Market Cap: ₹17.1b

Engages in the manufacture and trade of tiles, marbles, and related products in India.

Macpower CNC Machines

Market Cap: ₹9.9b

Manufactures and sells computer numerical control (CNC) metal cutting machines in India.

Insolation Energy

Market Cap: ₹23.2b

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

Cantabil Retail India

Market Cap: ₹22.7b

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

Timex Group India

Market Cap: ₹29.1b

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

Renaissance Global

Market Cap: ₹13.8b

Manufactures, retails, and trades in jewelry, gems, and diamonds in India and internationally.

Ramco Industries

Market Cap: ₹25.7b

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

Shipping Corporation of India

Market Cap: ₹123.6b

A marginal liner shipping company, engages in the business of transporting goods in India.

SML Mahindra

Market Cap: ₹71.1b

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

BLS E-Services

Market Cap: ₹14.2b

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

GOCL

Market Cap: ₹12.5b

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

Monarch Networth Capital

Market Cap: ₹22.2b

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

Sambhv Steel Tubes

Market Cap: ₹29.8b

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

Sakar Healthcare

Market Cap: ₹11.6b

Research, develops, manufactures, and sells pharmaceutical products in India.

Indo Tech Transformers

Market Cap: ₹16.5b

Manufactures and sells transformers in India and internationally.

3B Blackbio Dx

Market Cap: ₹13.1b

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

KP Green Engineering

Market Cap: ₹18.8b

Engages in engineering and manufacture of steel structure in India.

Mamata Machinery

Market Cap: ₹10.8b

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

MMTC

Market Cap: ₹93.6b

Operates as a trading company in Asia, Europe, Africa, the Middle East, Latin America, and North America.

Vidhi Specialty Food Ingredients

Market Cap: ₹15.2b

Engages in the manufacture and trading of synthetic food colors.

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹10.2b

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

AGI Infra

Market Cap: ₹37.6b

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

Hindustan Construction

Market Cap: ₹47.3b

Provides engineering and construction services in India and internationally.

Goldiam International

Market Cap: ₹39.3b

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

TechNVision Ventures

Market Cap: ₹40.2b

Provides information technology products and services in India and internationally.

Cigniti Technologies

Market Cap: ₹33.0b

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

Gallantt Ispat

Market Cap: ₹134.8b

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

Abans Financial Services

Market Cap: ₹10.2b

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

Maharashtra Seamless

Market Cap: ₹73.0b

Engages in the manufacture and sale of seamless steel pipes and tubes in India.

Monolithisch India

Market Cap: ₹9.6b

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

DAM Capital Advisors

Market Cap: ₹10.7b

Provides investment banking services.

Piccadily Agro Industries

Market Cap: ₹56.5b

Manufactures and develops alcoholic beverages in India.

Krishana Phoschem

Market Cap: ₹30.6b

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

Onix Solar Energy

Market Cap: ₹14.4b

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