Indian Undiscovered Gems With Strong Fundamentals

Innovana Thinklabs

Market Cap: ₹9.8b

Engages in the software and application development business in India, the United States, Germany, Singapore, Romania and internationally.

Krishana Phoschem

Market Cap: ₹30.9b

Engages in the manufacture and sale of fertilizers and chemicals under the Annadata and Bharat brands in India.

Mamata Machinery

Market Cap: ₹10.4b

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

Indo Tech Transformers

Market Cap: ₹16.9b

Manufactures and sells transformers in India and internationally.

United Polyfab Gujarat

Market Cap: ₹10.5b

Manufactures, trades in, and sells woven fabrics and processed yarn products in India.

Midwest

Market Cap: ₹39.7b

Engages in the exploration, mining, processing, marketing, distribution, and export of natural stones in India and internationally.

Master Trust

Market Cap: ₹14.0b

Provides financial services in India.

Cantabil Retail India

Market Cap: ₹20.9b

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

Alembic

Market Cap: ₹25.2b

Engages in real estate business in India and internationally.

AGI Infra

Market Cap: ₹32.5b

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

3B Blackbio Dx

Market Cap: ₹11.4b

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

DAM Capital Advisors

Market Cap: ₹18.6b

Provides investment banking services.

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹12.7b

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

PC Jeweller

Market Cap: ₹89.6b

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

Ramco Industries

Market Cap: ₹28.8b

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

Oswal Greentech

Market Cap: ₹9.5b

Develops real estate projects in India.

Abans Financial Services

Market Cap: ₹10.2b

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

Gujarat State Fertilizers & Chemicals

Market Cap: ₹74.0b

Produces and sells fertilizers and chemicals in India.

Saint-Gobain Sekurit India

Market Cap: ₹10.2b

Manufactures and sells laminated and tempered automotive glass in India.

BLS E-Services

Market Cap: ₹18.0b

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

Hind Rectifiers

Market Cap: ₹28.4b

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

Indo Amines

Market Cap: ₹9.6b

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

Wealth First Portfolio Managers

Market Cap: ₹12.7b

Provides share and stock broking services in India.

Vidhi Specialty Food Ingredients

Market Cap: ₹16.8b

Engages in manufacture and trading of synthetic food colors.

Cigniti Technologies

Market Cap: ₹46.7b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Indo Farm Equipment

Market Cap: ₹11.5b

Manufactures and sells agricultural, industrial, and construction equipment in India.

Monarch Networth Capital

Market Cap: ₹24.3b

Provides financial services to high-net-worth individuals, mutual funds, institutional investors, foreign institutional investors, financial institutions and corporate clients in India.

Monolithisch India

Market Cap: ₹11.4b

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

Balaji Telefilms

Market Cap: ₹14.3b

Engages in the television content business in India and internationally.

Genesys International

Market Cap: ₹20.0b

Provides geographical information services in India and internationally.

Orkla India

Market Cap: ₹92.5b

Operates as a food company, manufactures and sells spices and convenience foods in India and internationally.

Timex Group India

Market Cap: ₹38.7b

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

Jagsonpal Pharmaceuticals

Market Cap: ₹14.2b

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

Viviana Power Tech

Market Cap: ₹9.6b

Engages in power transmission, distribution, and industrial engineering, procurement, and construction (EPC) space project businesses in India.

Network People Services Technologies

Market Cap: ₹35.2b

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

KP Green Engineering

Market Cap: ₹27.2b

Engages in engineering and manufacture of steel structure in India.