Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

TPP-Bobov Dol AD

Market Cap: лв240.3m

Engages in the generation and sale of electricity in Bulgaria.

Central Cooperative Bank AD

Market Cap: лв214.8m

A commercial bank, provides various financial products and services.

Krishana Phoschem

Market Cap: ₹31.7b

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

Oswal Greentech

Market Cap: ₹9.6b

Develops real estate projects in India.

PC Jeweller

Market Cap: ₹83.5b

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

Thai Steel Cable

Market Cap: ฿3.6b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

National Investments Company K.S.C.P

Market Cap: د.ك247.1m

Engages in the investment, treasury, real estate, asset management, advisory, and brokerage businesses in Kuwait, GCC countries, and internationally.

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹13.6b

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

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك46.4m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Al-Enma'a Real Estate Company K.S.C.P

Market Cap: د.ك33.0m

Engages in the contracting, management, and maintenance of real estate in Kuwait and the Gulf Countries.

Timex Group India

Market Cap: ₹38.9b

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

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك186.7m

Engages in insurance and reinsurance operations in Kuwait.

Billion Industrial Holdings

Market Cap: HK$9.4b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

AGI Infra

Market Cap: ₹32.2b

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

Rrp Semiconductor

Market Cap: ₹139.8b

Trades in electronic parts in India.

Digital Mediatama Maxima

Market Cap: Rp2.8t

Operates an integrated marketing platform.

Innovana Thinklabs

Market Cap: ₹9.9b

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

Marmaris Altinyunus Turistik Tesisler

Market Cap: ₺7.2b

Marmaris Altinyunus Turistik Tesisler A.S.

Viviana Power Tech

Market Cap: ₹10.5b

Engages in power transmission, distribution, and industrial engineering, procurement, and construction (EPC) space project businesses in India.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

Fortune Mate Indonesia

Market Cap: Rp2.3t

Provides real estate development and construction services in Indonesia.

Yibin City Commercial Bank

Market Cap: HK$12.0b

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

Te Chang Construction

Market Cap: NT$6.9b

Engages in the construction contracting and civil engineering business in Taiwan and Thailand.

Indo Farm Equipment

Market Cap: ₹11.5b

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

Hospital Corporation of China

Market Cap: HK$937.7m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

Network People Services Technologies

Market Cap: ₹34.9b

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

National General Insurance (P.J.S.C.)

Market Cap: د.إ984.7m

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.

Lee's Pharmaceutical Holdings

Market Cap: HK$1.1b

An investment holding company, develops, manufactures, markets, and sells pharmaceutical products in the People's Republic of China, Hong Kong, and internationally.

Najran Cement

Market Cap: ر.س1.3b

Engages in manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Alembic

Market Cap: ₹25.4b

Engages in real estate business in India and internationally.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.5b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Jordanian Duty Free Shops

Market Cap: د.أ148.5m

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

Standard Chartered Bank Kenya

Market Cap: KSh114.1b

Provides various banking products and services for individuals and businesses.

Ramco Industries

Market Cap: ₹30.7b

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

Natural Food International Holding

Market Cap: HK$2.6b

An investment holding company, manufactures and sells natural health food products in China.