Indian Undiscovered Gems With Strong Fundamentals

Mamata Machinery

Market Cap: ₹12.1b

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

Saint-Gobain Sekurit India

Market Cap: ₹10.4b

Manufactures and sells laminated and tempered automotive glass in India.

Hind Rectifiers

Market Cap: ₹22.9b

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

Indo Farm Equipment

Market Cap: ₹8.6b

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

Abans Financial Services

Market Cap: ₹12.8b

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

Lotus Chocolate

Market Cap: ₹16.9b

Manufactures and sells chocolates, cocoa products, and cocoa derivatives to chocolate makers and users in India.

AGI Infra

Market Cap: ₹25.2b

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

Genesys International

Market Cap: ₹27.7b

Provides geographical information services in India and internationally.

Credo Brands Marketing

Market Cap: ₹11.1b

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

Balaji Telefilms

Market Cap: ₹10.9b

Engages in the entertainment business in India and internationally.

Cantabil Retail India

Market Cap: ₹23.2b

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

Cigniti Technologies

Market Cap: ₹47.9b

Provides software testing services worldwide.

Bajel Projects

Market Cap: ₹28.4b

Engages in the engineering, procurement, and construction business in the power transmission and distribution sectors in India and internationally.

SML Isuzu

Market Cap: ₹43.6b

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

Concord Enviro Systems

Market Cap: ₹12.3b

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

Gallantt Ispat

Market Cap: ₹140.7b

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

Alembic

Market Cap: ₹30.1b

Engages in real estate business in India and internationally.

Network People Services Technologies

Market Cap: ₹38.9b

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

Master Trust

Market Cap: ₹14.9b

Provides financial services in India.

Enviro Infra Engineers

Market Cap: ₹48.4b

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.

Krishana Phoschem

Market Cap: ₹27.0b

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

Monarch Networth Capital

Market Cap: ₹28.9b

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

Bharat Rasayan

Market Cap: ₹46.7b

Manufactures and sells technical grade pesticides and intermediates in India.

Bengal & Assam

Market Cap: ₹91.9b

Operates as an investment company in India and internationally.

TCPL Packaging

Market Cap: ₹33.9b

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

Shipping Corporation of India

Market Cap: ₹103.2b

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

DAM Capital Advisors

Market Cap: ₹17.7b

Provides investment banking services.

Knowledge Marine & Engineering Works

Market Cap: ₹17.7b

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

3B Blackbio Dx

Market Cap: ₹12.8b

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

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹11.4b

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

Yuken India

Market Cap: ₹14.5b

Engages in the manufacture and sale of oil hydraulic equipment primarily in India.

Vasa Denticity

Market Cap: ₹9.9b

Trades in dental products in India.

Indo Amines

Market Cap: ₹11.7b

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

Om Infra

Market Cap: ₹12.4b

Engages in the design, engineering, manufacture, supply, installation, testing, and commissioning of hydro mechanical equipment for hydroelectric power and irrigation projects in India and internationally.

Renaissance Global

Market Cap: ₹12.5b

Manufactures and sells diamond studded jewellery in India and internationally.

Sky Gold and Diamonds

Market Cap: ₹48.5b

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