Indian Materials Undiscovered Gems With Strong Fundamentals

Responsive Industries

Market Cap: ₹51.9b

Manufactures and sells polyvinyl chloride (PVC) based products for commercial and household purposes in India.

Manali Petrochemicals

Market Cap: ₹9.7b

Manufactures and sells petrochemical products in India, the United Kingdom, and internationally.

Polyplex

Market Cap: ₹39.7b

Engages in the manufacture and sale of polyester (PET) films primarily for flexible packaging applications in India and internationally.

Bhagiradha Chemicals & Industries

Market Cap: ₹37.0b

Manufactures and sells crop protection chemicals in India, Asia, Australia, and Europe.

J.G. Chemicals

Market Cap: ₹13.7b

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

Vardhman Special Steels

Market Cap: ₹17.0b

Engages in the manufacture and sale of billets, steel bars, and bright bars of various categories of special and alloy steels in India and internationally.

Pokarna

Market Cap: ₹30.0b

Engages in quarrying, manufacture, processing, and sale of granites in India.

Paushak

Market Cap: ₹14.3b

Manufactures and sells specialty chemicals and intermediates in India and internationally.

KCP

Market Cap: ₹27.1b

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

Jai

Market Cap: ₹16.0b

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

Veedol

Market Cap: ₹25.4b

Manufactures and markets lubricants under the Veedol brand in India.

Xpro India

Market Cap: ₹25.3b

Manufactures and sells polymers primarily in India.

Jyoti Resins and Adhesives

Market Cap: ₹15.3b

Manufactures synthetic resin and wood adhesives in India.

Sarda Energy & Minerals

Market Cap: ₹168.9b

Produces and sells steel products in India.

Prakash Industries

Market Cap: ₹30.0b

Operates as an integrated steel and power company in India.

Kingfa Science & Technology (India)

Market Cap: ₹37.7b

Manufactures and supplies reinforced polypropylene compounds, thermoplastics elastomers, fiber re-enforced composites, and personal protective equipment masks and gloves in India.

Tinna Rubber and Infrastructure

Market Cap: ₹17.5b

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

Ganesh Benzoplast

Market Cap: ₹9.3b

Engages in the manufactures and sells specialty chemicals, food preservatives, and industrial lubricants in India and internationally.

Sunflag Iron and Steel

Market Cap: ₹45.2b

Manufactures and sells steel rolled products in India.

Aeroflex Industries

Market Cap: ₹22.7b

Manufactures and sells stainless-steel corrugated flexible hoses and hose assemblies in India.

Ramco Industries

Market Cap: ₹21.0b

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

Mayur Uniquoters

Market Cap: ₹21.2b

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

Fineotex Chemical

Market Cap: ₹28.5b

Engages in manufactures and sells textile chemicals, and auxiliary and specialty chemicals in India.

Balaji Amines

Market Cap: ₹42.8b

Engages in the manufacture and sale of methylamines, ethylamines, and derivatives of specialty chemicals and pharma excipients in India.

Pennar Industries

Market Cap: ₹25.1b

Operates as an engineering company in India and internationally.

Bansal Wire Industries

Market Cap: ₹55.5b

Manufactures and sells stainless steel wires worldwide.

Time Technoplast

Market Cap: ₹80.0b

Engages in manufacture and sale of polymer and composite products in India and internationally.

Jai Balaji Industries

Market Cap: ₹121.5b

Manufactures and markets iron and steel products primarily in India.

Garware Hi-Tech Films

Market Cap: ₹73.6b

Manufactures and sells polyester films in India and internationally.

I G Petrochemicals

Market Cap: ₹13.7b

Engages in the manufacture and sale of organic chemicals in India and internationally.

Insecticides (India)

Market Cap: ₹20.1b

Engages in the manufacture and sale of agro chemicals and pesticides products for agriculture purposes in India and internationally.

Shivalik Bimetal Controls

Market Cap: ₹25.3b

Engages in the process and product engineering business in India, the United States, Europe, and internationally.

Supreme Petrochem

Market Cap: ₹119.7b

Manufactures and sells polystyrene, expandable polystyrene, masterbatches and compounds of styrenics, other polymers, and extruded polystyrene insulation board in India and internationally.

Akzo Nobel India

Market Cap: ₹161.1b

Manufactures, distributes, and sells paints and coatings in India and internationally.

MOIL

Market Cap: ₹65.9b

Engages in the exploration, development, and marketing of various grades of manganese ores in India.

Paradeep Phosphates

Market Cap: ₹110.8b

Engages in the manufacture, trade, distribution, and sale of urea and complex fertilizers in India.