Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Hind Rectifiers

Market Cap: ₹27.2b

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

Wholetech System Hitech

Market Cap: NT$9.9b

Provides system integration services in Taiwan, China, and Singapore.

Wealth First Portfolio Managers

Market Cap: ₹13.1b

Provides share and stock broking services in India.

Jagsonpal Pharmaceuticals

Market Cap: ₹15.6b

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

Palasino Holdings

Market Cap: HK$1.9b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Hua Na Hydropower

Market Cap: ₫6.0t

Engages in the electricity generation activities.

Concord Enviro Systems

Market Cap: ₹11.4b

Engages in the design, manufacture, installation, operation, and maintenance of industrial water and wastewater treatment, and reuse and zero liquid discharge systems and plants.

PC Jeweller

Market Cap: ₹90.4b

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

Innovana Thinklabs

Market Cap: ₹9.9b

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

Vietnam Container Shipping

Market Cap: ₫11.7t

Engages in port services activities in Vietnam.

Insolation Energy

Market Cap: ₹49.5b

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

Sky Gold and Diamonds

Market Cap: ₹47.3b

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

3B Blackbio Dx

Market Cap: ₹12.3b

Engages in the design, development, manufacturing, and commercialization of agrochemicals and PCR based molecular diagnostic kits in India.

Fortune Mate Indonesia

Market Cap: Rp2.4t

Provides real estate development and construction services in Indonesia.

Monolithisch India

Market Cap: ₹8.9b

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

Monarch Networth Capital

Market Cap: ₹25.6b

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

Krishana Phoschem

Market Cap: ₹36.3b

Engages in the manufacture and sale of fertilizers and chemicals in India.

Yibin City Commercial Bank

Market Cap: HK$11.9b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Bank MNC Internasional

Market Cap: Rp3.0t

Provides various banking products and services in Indonesia.

Bank Ganesha

Market Cap: Rp2.8t

Provides various general banking products and services for individuals and businesses in Indonesia.

Network People Services Technologies

Market Cap: ₹43.3b

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

Vikram Solar

Market Cap: ₹128.9b

Manufactures and sells solar photovoltaic modules/systems.

Cahaya Aero Services

Market Cap: Rp5.5t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Ramco Industries

Market Cap: ₹27.0b

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

Indo Amines

Market Cap: ₹10.9b

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

Wema Bank

Market Cap: ₦503.6b

Provides banking and other financial services to corporate and individual customers in Nigeria.

Indo Tech Transformers

Market Cap: ₹18.9b

Manufactures and sells transformers in India and internationally.

Goldiam International

Market Cap: ₹39.6b

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

Enviro Infra Engineers

Market Cap: ₹44.9b

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.

Viet Nam Power Development

Market Cap: ₫2.7t

Engages in the operation and management of hydropower plants.

Abans Financial Services

Market Cap: ₹11.1b

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

Dwi Guna Laksana

Market Cap: Rp2.1t

Engages in the coal mining and trading activities in Indonesia.

Citra Tubindo

Market Cap: Rp4.7t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Timex Group India

Market Cap: ₹29.4b

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

TCPL Packaging

Market Cap: ₹30.8b

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