Indian Undiscovered Gems With Strong Fundamentals

SML Mahindra

Market Cap: ₹57.2b

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

Goldiam International

Market Cap: ₹41.0b

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

Scoda Tubes

Market Cap: ₹9.4b

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

Abans Financial Services

Market Cap: ₹10.3b

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

BLS E-Services

Market Cap: ₹18.4b

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

AGI Infra

Market Cap: ₹31.1b

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

Indo Farm Equipment

Market Cap: ₹10.1b

Manufactures and sells agricultural, industrial, and construction equipment in India.

Ramco Industries

Market Cap: ₹27.0b

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

Monolithisch India

Market Cap: ₹10.9b

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

Cantabil Retail India

Market Cap: ₹21.9b

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

Gujarat State Fertilizers & Chemicals

Market Cap: ₹72.2b

Produces and sells fertilizers and chemicals in India.

Jagsonpal Pharmaceuticals

Market Cap: ₹12.9b

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

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹12.2b

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

Timex Group India

Market Cap: ₹34.4b

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

DAM Capital Advisors

Market Cap: ₹14.9b

Provides investment banking services.

Gallantt Ispat

Market Cap: ₹127.3b

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

Saint-Gobain Sekurit India

Market Cap: ₹9.6b

Manufactures and sells laminated and tempered automotive glass in India.

Cigniti Technologies

Market Cap: ₹45.1b

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

Insolation Energy

Market Cap: ₹29.9b

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

Wealth First Portfolio Managers

Market Cap: ₹10.1b

Provides share and stock broking services in India.

Vidhi Specialty Food Ingredients

Market Cap: ₹16.9b

Engages in manufacture and trading of synthetic food colors.

3B Blackbio Dx

Market Cap: ₹12.2b

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

Indo Amines

Market Cap: ₹9.3b

Engages in the manufacture, distribution, and sale of fine, performance, and specialty chemicals in India and internationally.

Indo Tech Transformers

Market Cap: ₹16.5b

Manufactures and sells transformers in India and internationally.

PC Jeweller

Market Cap: ₹67.1b

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

Saatvik Green Energy

Market Cap: ₹48.1b

Manufactures and sells solar photovoltaic modules in India and internationally.

KP Green Engineering

Market Cap: ₹21.3b

Engages in engineering and manufacture of steel structure in India.

Park Medi World

Market Cap: ₹63.6b

Operates a network of hospitals.

Sambhv Steel Tubes

Market Cap: ₹28.0b

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

Monarch Networth Capital

Market Cap: ₹23.9b

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

SG Mart

Market Cap: ₹47.9b

Trades in building material products in India and internationally.

Sakar Healthcare

Market Cap: ₹9.1b

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

GOCL

Market Cap: ₹14.4b

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

Mamata Machinery

Market Cap: ₹10.6b

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

Enviro Infra Engineers

Market Cap: ₹35.7b

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.

Krishana Phoschem

Market Cap: ₹33.3b

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