Indian Undiscovered Gems With Strong Fundamentals

Hind Rectifiers

Market Cap: ₹27.2b

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

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.

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.

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.

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.

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.

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.

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.

Abans Financial Services

Market Cap: ₹11.1b

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

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.

Cantabil Retail India

Market Cap: ₹21.6b

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

Gujarat State Fertilizers & Chemicals

Market Cap: ₹79.7b

Manufactures and sells fertilizers and chemicals in India.

BLS E-Services

Market Cap: ₹16.5b

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

DAM Capital Advisors

Market Cap: ₹15.8b

Provides investment banking services.

Balaji Telefilms

Market Cap: ₹11.1b

Engages in the entertainment business in India and internationally.

Rrp Semiconductor

Market Cap: ₹63.1b

Trades in electronic parts in India.

Mamata Machinery

Market Cap: ₹9.9b

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

Gallantt Ispat

Market Cap: ₹145.3b

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

SML Isuzu

Market Cap: ₹64.7b

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

Saint-Gobain Sekurit India

Market Cap: ₹10.6b

Manufactures and sells laminated and tempered automotive glass in India.

Aeroflex Industries

Market Cap: ₹22.8b

Manufactures and sells stainless steel flexible hose and assemblies in India.

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹10.3b

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

Vidhi Specialty Food Ingredients

Market Cap: ₹18.4b

Engages in manufacture and trading of synthetic food colors.

KP Green Engineering

Market Cap: ₹27.6b

Engages in engineering and manufacture of steel structure in India.