Indian Undiscovered Gems With Strong Fundamentals

Ramco Industries

Market Cap: ₹32.3b

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

KP Green Engineering

Market Cap: ₹27.8b

Engages in engineering and manufacture of steel structure in India.

Concord Enviro Systems

Market Cap: ₹10.9b

Engages in providing water and wastewater treatment, and reuse solutions.

Monolithisch India

Market Cap: ₹10.1b

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

Gujarat State Fertilizers & Chemicals

Market Cap: ₹83.8b

Produces and sells fertilizers and chemicals in India.

BLS E-Services

Market Cap: ₹18.0b

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

Knowledge Marine & Engineering Works

Market Cap: ₹27.1b

Engages in the ownership, operation, and chartering/hiring of marine crafts in India.

Shipping Corporation of India

Market Cap: ₹101.9b

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

Timex Group India

Market Cap: ₹35.9b

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

TCPL Packaging

Market Cap: ₹31.0b

Manufactures and sells paperboard-based packaging materials and flexible packaging products in India.

Balaji Telefilms

Market Cap: ₹14.6b

Engages in the television content business in India and internationally.

Oswal Greentech

Market Cap: ₹10.5b

Develops real estate projects in India.

Wealth First Portfolio Managers

Market Cap: ₹13.2b

Provides share and stock broking services in India.

Maharashtra Seamless

Market Cap: ₹84.4b

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

Hind Rectifiers

Market Cap: ₹28.2b

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

Monarch Networth Capital

Market Cap: ₹26.3b

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

Sky Gold and Diamonds

Market Cap: ₹45.0b

Designs, manufactures, assembles, cuts, polishes, markets, and sells gold and silver jewelry in India.

Network People Services Technologies

Market Cap: ₹39.8b

Develops payments infrastructure for banks, payment aggregators, and merchants in India.

Vikram Solar

Market Cap: ₹123.4b

Manufactures and sells solar photovoltaic modules/systems in India and internationally.

DAM Capital Advisors

Market Cap: ₹16.5b

Provides investment banking services.

Master Trust

Market Cap: ₹15.9b

Provides financial services in India.

Vidhi Specialty Food Ingredients

Market Cap: ₹18.7b

Engages in manufacture and trading of synthetic food colors.

PC Jeweller

Market Cap: ₹105.6b

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

Jagsonpal Pharmaceuticals

Market Cap: ₹16.2b

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

SML Isuzu

Market Cap: ₹52.9b

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

Alembic

Market Cap: ₹27.3b

Engages in real estate business 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.

Saint-Gobain Sekurit India

Market Cap: ₹10.6b

Manufactures and sells laminated and tempered automotive glass in India.

Goldiam International

Market Cap: ₹45.7b

Manufactures, sells, and trades in diamond studded gold, silver, and platinum jewelry in India.

Indo Tech Transformers

Market Cap: ₹18.8b

Manufactures and sells transformers in India and internationally.

Aeroflex Industries

Market Cap: ₹24.6b

Manufactures and sells stainless steel flexible hose and assemblies in India.

Innovana Thinklabs

Market Cap: ₹11.0b

Engages in the software and application development business in India, the United States, and internationally.

Krishana Phoschem

Market Cap: ₹34.7b

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

Genesys International

Market Cap: ₹24.1b

Provides geographical information services in India and internationally.

Abans Financial Services

Market Cap: ₹10.9b

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

Mamata Machinery

Market Cap: ₹11.8b

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