Global Undiscovered Gems With Strong Fundamentals

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Jordanian Duty Free Shops

Market Cap: د.أ150.8m

Invests in, operates, and manages duty-free shops.

Rrp Semiconductor

Market Cap: ₹24.4b

Trades in electronic parts in India.

Tait Marketing & Distribution

Market Cap: NT$4.3b

Tait Marketing & Distribution Co., Ltd., together with its subsidiaries, import and trades in consumer goods in Taiwan.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك174.0m

Engages in insurance and reinsurance operations in Kuwait.

National Corporation for Tourism and Hotels

Market Cap: د.إ4.5b

Invests in, owns, and manages hotels and leisure complexes in the United Arab Emirates.

Ruentex Interior Design

Market Cap: NT$3.5b

Engages in the interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

Saha-Union

Market Cap: ฿8.6b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Renaissance Global

Market Cap: ₹13.2b

Manufactures and sells diamond studded jewellery in India and internationally.

TCPL Packaging

Market Cap: ₹33.8b

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

Pakistan National Shipping

Market Cap: PK₨64.2b

Engages in the shipping business worldwide.

Waja

Market Cap: ر.س493.5m

Engages in the construction, media and communication, and information technology businesses.

Hind Rectifiers

Market Cap: ₹22.0b

Engages in the designs, development, manufacture, and marketing of power semiconductor devices, power electronic equipment, and railway transportation equipment in India and internationally.

Hayleys

Market Cap: LK₨119.4b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Cantabil Retail India

Market Cap: ₹21.3b

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

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.

Cigniti Technologies

Market Cap: ₹46.4b

Provides software testing services worldwide.

Sun

Market Cap: MU₨6.5b

Operates in the tourism sector.

Shangri-La Hotel

Market Cap: ฿6.1b

Operates hotels in Bangkok and Chiang Mai provinces.

Bakrie & Brothers

Market Cap: Rp4.7t

Through its subsidiaries, engages in the trading, construction, agriculture, coal mining, oil and gas, and telecommunication businesses in Indonesia and internationally.

Credo Brands Marketing

Market Cap: ₹10.9b

Credo Brands Marketing Limited retails men’s casual wear under the MUFTI brand name in India.

Baazeem Trading

Market Cap: ر.س508.3m

Operates as a FMCG distribution company.

Standard Chartered Bank Kenya

Market Cap: KSh107.5b

Provides various banking products and services for individuals and businesses.

Goldiam International

Market Cap: ₹38.8b

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

Indo Tech Transformers

Market Cap: ₹21.6b

Manufactures and distributes transformers in India and internationally.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س779.8m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

Nofoth Food Products

Market Cap: ر.س1.2b

Produces and sells bakery products in Saudi Arabia.

Sing Investments & Finance

Market Cap: S$269.5m

Provides f financial products and services to individuals and corporations in Singapore.

Gallantt Ispat

Market Cap: ₹108.9b

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

Donpon Precision

Market Cap: NT$3.4b

Researches, develops, manufactures, and sells automotive electronic products and plastic precision components in Taiwan and Mainland China.

Nestlé Pakistan

Market Cap: PK₨317.9b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Concord Enviro Systems

Market Cap: ₹11.6b

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

AB Vilkyskiu pienine

Market Cap: €135.0m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

Padma Oil

Market Cap: ৳17.6b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Bharat Rasayan

Market Cap: ₹42.8b

Manufactures and sells technical grade pesticides and intermediates in India.

PSC

Market Cap: S$185.4m

Supplies provisions and household consumer products in Singapore, Malaysia, China, and internationally.