Indian Materials Undiscovered Gems With Strong Fundamentals

Steel Exchange India

Market Cap: ₹12.3b

Engages in the manufacture and sale of steel products under the SIMHADRI TMT brand name in India.

Arrow Greentech

Market Cap: ₹9.6b

Engages in the manufacture and sale of water-soluble films, bio-compostable products, and other green products in India and internationally.

Sandur Manganese & Iron Ores

Market Cap: ₹103.0b

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

Steelcast

Market Cap: ₹22.5b

Manufactures and sells steel and alloy castings in India.

EPack Prefab Technologies

Market Cap: ₹27.3b

Engages in manufacturing Pre-engineered and Prefabricated Building Solutions and EPS (Expanded Polystyrene) Packaging.

Tanfac Industries

Market Cap: ₹37.8b

Produces and sells fluorine chemicals in India.

Southern Petrochemical Industries

Market Cap: ₹18.3b

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

Manaksia Coated Metals & Industries

Market Cap: ₹18.9b

Manufactures and sells coated metal products in India and internationally.

Amal

Market Cap: ₹9.1b

Engages in manufacturing and markets bulk chemicals in India.

Mahamaya Steel Industries

Market Cap: ₹9.8b

Engages in the manufacture and sale of steel structures products in India.

Bhageria Industries

Market Cap: ₹10.2b

Manufactures and trades specialty dyes and dye intermediates in India and internationally.

Pokarna

Market Cap: ₹27.4b

Engages in the quarrying, manufacturing, processing, and selling of granites in India, China, the United States, and internationally.

Zuari Agro Chemicals

Market Cap: ₹10.8b

Engages in manufacturing, trading, and marketing of chemical fertilizers and fertilizer products in India.

Polyplex

Market Cap: ₹30.9b

Engages in the manufacture and sale of polymeric films in India, other Asian countries, Europe, the Americas, and internationally.

Responsive Industries

Market Cap: ₹49.4b

Manufactures and sells polyvinyl chloride (PVC) based products in India.

J.G. Chemicals

Market Cap: ₹17.5b

Engages in the manufacture and sale of zinc oxide and zinc sulphate in India.

Dharmaj Crop Guard

Market Cap: ₹10.0b

Engages in manufacturing, distributing, and marketing of a range of agro chemical formulations in India.

Sunflag Iron and Steel

Market Cap: ₹47.2b

Manufactures and sells steel rolled products in India and internationally.

Chemcon Speciality Chemicals

Market Cap: ₹9.1b

Engages in the manufacture and sale of specialty chemicals for pharmaceutical, agro-chemical, textile, personal care, construction, automotive, electronics, silanes, and oilfield chemicals industries in India and internationally.

Kingfa Science & Technology (India)

Market Cap: ₹61.0b

Manufactures and supplies reinforced polypropylene compounds, thermoplastics elastomers, and personal protective equipment masks and gloves in India.

Jai

Market Cap: ₹29.0b

Primarily engages in the plastic processing business in India and internationally.

Gandhi Special Tubes

Market Cap: ₹10.7b

Manufactures and markets welded and seamless steel tubes, and nuts in India.

Mangalore Chemicals & Fertilizers

Market Cap: ₹36.5b

Engages in the manufacture, trading, and sale of nitrogenous and phosphatic fertilizers in India.

DCW

Market Cap: ₹18.7b

Engages in the manufacture and sale of heavy chemical products in India.

Foseco India

Market Cap: ₹36.4b

Manufactures and sells additives and consumables used in the metallurgical industry in India.

KCP

Market Cap: ₹25.8b

Engages in cement, heavy engineering, power generation, and hospitality businesses in India.

Everest Kanto Cylinder

Market Cap: ₹17.0b

Manufactures and sells gas cylinders in India.

Tinna Rubber and Infrastructure

Market Cap: ₹17.6b

Manufactures value-added products from recycling waste and end of life tires in India and internationally.

India Pesticides

Market Cap: ₹22.6b

Engages in the agri chemicals business in India.

Veedol

Market Cap: ₹29.7b

Engages in the manufacturing and marketing of lubricants under the Veedol brand in India.

Indokem

Market Cap: ₹17.4b

Manufactures, exports, and sells dyes, sizing chemicals, and auxiliaries in India, the Middle East, East Asia, Europe, and South America.

Prakash Industries

Market Cap: ₹29.3b

Operates as an integrated steel and power company in India.

Mayur Uniquoters

Market Cap: ₹21.7b

Engages in the manufacture and sale of coated textile fabrics in India and internationally.

Vishnu Chemicals

Market Cap: ₹32.8b

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

Insecticides (India)

Market Cap: ₹20.9b

Manufactures and sells agrochemicals, pesticides, and technical products in India and internationally.

Ddev Plastiks Industries

Market Cap: ₹31.6b

Manufactures and sells customised plastic compounds in India and internationally.