Indian Undiscovered Gems With Strong Fundamentals

Oswal Greentech

Market Cap: ₹10.6b

Develops real estate projects in India.

Dolat Algotech

Market Cap: ₹16.6b

Engages in trading of shares, securities, commodities, and other financial products in India.

Gallantt Ispat

Market Cap: ₹111.1b

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

TechNVision Ventures

Market Cap: ₹29.6b

Provides information technology products and services in India and internationally.

Shipping Corporation of India

Market Cap: ₹95.9b

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

Cigniti Technologies

Market Cap: ₹43.2b

Provides software testing services worldwide.

Hind Rectifiers

Market Cap: ₹21.5b

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

TCPL Packaging

Market Cap: ₹39.3b

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

Timex Group India

Market Cap: ₹27.2b

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

Bajel Projects

Market Cap: ₹24.6b

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

Vasa Denticity

Market Cap: ₹9.6b

Trades in dental products in India.

Indo Tech Transformers

Market Cap: ₹22.6b

Manufactures and distributes transformers in India and internationally.

Mamata Machinery

Market Cap: ₹10.2b

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

PC Jeweller

Market Cap: ₹83.2b

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

Knowledge Marine & Engineering Works

Market Cap: ₹17.2b

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

Force Motors

Market Cap: ₹154.8b

An integrated automobile company, designs, develops, manufactures, and sells a range of automotive components, aggregates, and vehicles in India.

Jagsonpal Pharmaceuticals

Market Cap: ₹15.2b

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

Sanstar

Market Cap: ₹17.0b

Manufactures and sells plant-based specialty products and ingredient solutions in India and internationally.

Sky Gold and Diamonds

Market Cap: ₹57.2b

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

DAM Capital Advisors

Market Cap: ₹19.2b

Provides investment banking services.

Network People Services Technologies

Market Cap: ₹38.8b

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

Krishana Phoschem

Market Cap: ₹24.6b

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

Saint-Gobain Sekurit India

Market Cap: ₹10.0b

Manufactures and sells laminated and tempered automotive glass in India.

Rir Power Electronics

Market Cap: ₹18.3b

Engages in the manufacture and sale of power semiconductor devices and high-power equipment in India.

AGI Infra

Market Cap: ₹20.1b

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

Credo Brands Marketing

Market Cap: ₹11.4b

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

Lotus Chocolate

Market Cap: ₹13.0b

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

Bharat Rasayan

Market Cap: ₹40.5b

Manufactures and sells technical grade pesticides and intermediates in India.

Genesys International

Market Cap: ₹30.4b

Provides geographical information services in India and internationally.

Wealth First Portfolio Managers

Market Cap: ₹9.4b

Provides share and stock broking services in India.

Macpower CNC Machines

Market Cap: ₹9.3b

Manufactures and sells computer numerical control (CNC) metal cutting machines in India.

Goldiam International

Market Cap: ₹40.0b

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

Rrp Semiconductor

Market Cap: ₹18.1b

Trades in electronic parts in India.

MMTC

Market Cap: ₹104.1b

Operates as a trading company in Asia, Europe, Africa, the Middle East, Latin America, and North America.

Cantabil Retail India

Market Cap: ₹20.2b

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

KP Green Engineering

Market Cap: ₹25.5b

Engages in engineering and manufacture of steel structure in India.