Indian Undiscovered Gems With Strong Fundamentals

Saatvik Green Energy

Market Cap: ₹55.2b

Manufactures and sells solar photovoltaic modules in India and internationally.

Indo Tech Transformers

Market Cap: ₹18.2b

Manufactures and sells transformers in India and internationally.

Innovana Thinklabs

Market Cap: ₹9.7b

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

Krishana Phoschem

Market Cap: ₹31.7b

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

3B Blackbio Dx

Market Cap: ₹11.0b

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

Timex Group India

Market Cap: ₹35.8b

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

Cantabil Retail India

Market Cap: ₹20.9b

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

PC Jeweller

Market Cap: ₹77.7b

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

Indo Amines

Market Cap: ₹9.1b

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

Indo Farm Equipment

Market Cap: ₹10.0b

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

Gujarat State Fertilizers & Chemicals

Market Cap: ₹74.9b

Produces and sells fertilizers and chemicals in India.

Abans Financial Services

Market Cap: ₹10.3b

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

Cigniti Technologies

Market Cap: ₹47.6b

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

GOCL

Market Cap: ₹15.7b

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

Oswal Greentech

Market Cap: ₹9.0b

Develops real estate projects in India.

Knowledge Marine & Engineering Works

Market Cap: ₹33.5b

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

SG Mart

Market Cap: ₹43.9b

Trades in building material products in India and internationally.

Goldiam International

Market Cap: ₹44.1b

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

BLS E-Services

Market Cap: ₹19.4b

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

KP Green Engineering

Market Cap: ₹24.1b

Engages in engineering and manufacture of steel structure in India.

Jagsonpal Pharmaceuticals

Market Cap: ₹13.5b

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

Ramco Industries

Market Cap: ₹28.4b

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

Insolation Energy

Market Cap: ₹33.6b

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

Viviana Power Tech

Market Cap: ₹9.3b

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

Enviro Infra Engineers

Market Cap: ₹37.4b

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.

Orkla India

Market Cap: ₹91.3b

Operates as a food company, manufactures and sells spices and convenience foods in India and internationally.

Scoda Tubes

Market Cap: ₹10.0b

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

Saint-Gobain Sekurit India

Market Cap: ₹10.1b

Manufactures and sells laminated and tempered automotive glass in India.

Sunshield Chemicals

Market Cap: ₹10.0b

Manufactures and sells specialty chemicals in India and internationally.

Sambhv Steel Tubes

Market Cap: ₹31.2b

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

Mamata Machinery

Market Cap: ₹10.3b

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

Hind Rectifiers

Market Cap: ₹25.1b

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

DAM Capital Advisors

Market Cap: ₹16.6b

Provides investment banking services.

Gallantt Ispat

Market Cap: ₹143.3b

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

Vidhi Specialty Food Ingredients

Market Cap: ₹18.4b

Engages in manufacture and trading of synthetic food colors.

Monarch Networth Capital

Market Cap: ₹24.2b

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