Indian Materials Undiscovered Gems With Strong Fundamentals

Vidhi Specialty Food Ingredients

Market Cap: ₹14.7b

Engages in the manufacture and trading of synthetic food colors.

Gallantt Ispat

Market Cap: ₹166.3b

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

GSP Crop Science

Market Cap: ₹20.5b

Manufactures and supplies crop protection solutions in India and internationally.

Sambhv Steel Tubes

Market Cap: ₹31.5b

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

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹11.8b

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

3B Blackbio Dx

Market Cap: ₹10.5b

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

GOCL

Market Cap: ₹18.9b

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

Indo Amines

Market Cap: ₹10.1b

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

Monolithisch India

Market Cap: ₹12.1b

Manufactures, trades in, and supplies ramming mass in India and Nepal.

Ramco Industries

Market Cap: ₹27.0b

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

Asgard Alcobev

Market Cap: ₹10.7b

Operates as a contract brewing partner and private label beer manufacturer, catering to both domestic and international brands.

TGV SRAAC

Market Cap: ₹12.2b

Engages in the manufacture and sale of chlor-alkali chemicals, chloromethane, castor oil derivatives, and fatty acids in India and internationally.

Madhya Bharat Agro Products

Market Cap: ₹46.3b

Engages in the manufacturing of fertilizers and chemicals in India.

AGI Greenpac

Market Cap: ₹38.0b

Operates as a packaging products company in India and the United Arab Emirates.

KAMA Holdings

Market Cap: ₹86.1b

Engages in the technical textiles, chemicals and polymers, aluminium foils, and packaging film businesses.

Punjab Chemicals and Crop Protection

Market Cap: ₹12.3b

Manufactures and sells agrochemicals, specialty chemicals, bulk drugs, and related intermediates in India, Europe, Japan, Israel, the United States, Latin America, and internationally.

Titan Biotech

Market Cap: ₹18.7b

Engages in the manufacture and sale of biological products in India and internationally.

Raghav Productivity Enhancers

Market Cap: ₹44.2b

Manufactures, trades in, and sells ramming mass and other quartz related items in India and internationally.

Jubilant Agri and Consumer Products

Market Cap: ₹28.0b

Manufactures and sells performance polymers, chemicals, and agri products in India and internationally.

Bhansali Engineering Polymers

Market Cap: ₹23.7b

Operates a petrochemical company in India and internationally.

Premier Explosives

Market Cap: ₹38.6b

Manufactures and sells high energy materials and allied products in India and internationally.

Ultramarine & Pigments

Market Cap: ₹11.8b

Engages in the manufacture and sale of pigments and surfactants in India.

Gulshan Polyols

Market Cap: ₹11.2b

Engages in the mineral and grain processing, and ethanol distillery businesses in India and internationally.

Indo Borax & Chemicals

Market Cap: ₹10.6b

Manufactures and sells boron and lithium products in India.

Stallion India Fluorochemicals

Market Cap: ₹21.0b

Engages in debulking, blending, and processing of refrigerants and industrial gases in India.

Ashapura Minechem

Market Cap: ₹62.5b

Ashapura Minechem Limited is involved in the mining, manufacturing, and trading of various minerals and its derivative products in India and internationally.

Rhetan TMT

Market Cap: ₹24.3b

Engages in the manufacture and sale of thermo-mechanically treated (TMT) bars in India.

Gujarat Narmada Valley Fertilizers & Chemicals

Market Cap: ₹75.8b

Manufactures and markets fertilizers and chemicals in India and internationally.

Gandhar Oil Refinery (India)

Market Cap: ₹15.9b

Manufactures and sells white oils with focus on the consumer and healthcare sectors in India.

Sandur Manganese & Iron Ores

Market Cap: ₹116.9b

Together with its subsidiary, engages in the mining of manganese and iron ores in Deogiri village of Ballari District, Karnataka.

Manaksia Coated Metals & Industries

Market Cap: ₹11.3b

Manufactures and sells coated metal products in India and internationally.

Steelcast

Market Cap: ₹28.9b

Manufactures and sells steel and alloy castings in India.

Kirloskar Industries

Market Cap: ₹33.6b

Manufactures and sells iron castings in India.

Nelcast

Market Cap: ₹12.0b

Manufactures and sells ductile and grey iron castings in India and internationally.

Yasho Industries

Market Cap: ₹25.8b

Manufactures and supplies specialty chemicals, food antioxidants, aroma chemicals, rubber chemicals, and lubricant additives in the United States, Europe, Asia, and the Middle East.

Aeroflex Enterprises

Market Cap: ₹11.0b

Manufactures and sells stainless-steel flexible hoses and assemblies in India, the Middle East, Europe, Asia, Africa, the United States, Latin and Central America, the Caribbean Islands, Australia, and North America.