Indian Undiscovered Gems With Strong Fundamentals

IOL Chemicals and Pharmaceuticals

Market Cap: ₹23.7b

Manufactures and sells pharmaceutical and chemical products in India and internationally.

Pennar Industries

Market Cap: ₹26.4b

Operates as an engineering company in India and internationally.

Apex Frozen Foods

Market Cap: ₹9.5b

Engages in the farming, processing, production, and sale of shrimps in India.

Procter & Gamble Health

Market Cap: ₹94.7b

Manufactures and markets pharmaceuticals and chemical products in India and internationally.

Trident

Market Cap: ₹135.4b

Manufactures, trades, and sells textiles, paper, chemicals, and energy in India, the United States, and internationally.

Kirloskar Ferrous Industries

Market Cap: ₹74.2b

Manufactures and sells iron castings, seamless tubes, and engineering steels in India and internationally.

Associated Alcohols & Breweries

Market Cap: ₹17.2b

Engages in liquor manufacturing, distillation, and bottling activities in India and internationally.

Shringar House of Mangalsutra

Market Cap: ₹20.2b

Engages in the design, manufacture, and market of mangalsutras in India, the United Kingdom, the United Arab Emirates, and the Republic of Fiji.

Indian Hume Pipe

Market Cap: ₹21.0b

Engages in construction contract activities in India.

CARE Ratings

Market Cap: ₹45.8b

A credit rating agency, provides various rating and related services in India and internationally.

Shanti Gold International

Market Cap: ₹13.6b

Engages in the design, manufacture, and wholesale of gold jewellery in India, the United States, the United Arab Emirates, Qatar, and Singapore.

Transrail Lighting

Market Cap: ₹79.0b

An engineering, procurement, and construction (EPC) company, engages in the designing, manufacturing, testing, installation, and supply of galvanized steel structures and conductors for power transmission and distribution in India and internationally.

Travel Food Services

Market Cap: ₹165.6b

Manages and operates travel quick service restaurants (QSRs) and lounge in travel locations in India and internationally.

Tenneco Clean Air India

Market Cap: ₹179.2b

Operates as a manufacturer and supplier of clean air and powertrain solutions.

Sri Lotus Developers and Realty

Market Cap: ₹74.7b

Develops residential and commercial premises in Mumbai.

Precision Wires India

Market Cap: ₹41.2b

Manufactures and sells insulated enamelled winding wires and other insulated electric conductors in India and internationally.

TVS Supply Chain Solutions

Market Cap: ₹46.8b

Provides integrated supply chain solutions in India.

Time Technoplast

Market Cap: ₹91.6b

Manufactures and sells polymer products in India.

Oswal Pumps

Market Cap: ₹61.2b

Manufactures and sells solar pumps in India.

Sirca Paints India

Market Cap: ₹27.3b

Engages in the import and distribution of wood, glass, and metal coatings in India.

Paras Defence and Space Technologies

Market Cap: ₹50.7b

Designs, develops, manufactures, and tests defense and space engineering products and solutions in India and internationally.

Sanofi Consumer Healthcare India

Market Cap: ₹105.7b

Operates as a fast-moving consumer healthcare company in India.

Choice International

Market Cap: ₹171.3b

Provides various financial services in India.

Unicommerce eSolutions

Market Cap: ₹13.0b

Provides a suite of software-as-a-service products in India and internationally.

E.I.D.- Parry (India)

Market Cap: ₹179.9b

Engages in the manufacture and sale of sugar, nutraceuticals, and distillery products in India, North America, Europe, and internationally.

Indraprastha Medical

Market Cap: ₹42.8b

Provides hospital services in India.

Crizac

Market Cap: ₹51.3b

Provides educational consultancy services in India and internationally.

Jeena Sikho Lifecare

Market Cap: ₹92.6b

Trades in ayurvedic medicines in India.

Epigral

Market Cap: ₹60.4b

Manufactures and sells chlor-alkali and related derivatives in India and internationally.

Sai Silks (Kalamandir)

Market Cap: ₹22.8b

Engages in the retail sale of apparel in India.

KRN Heat Exchanger and Refrigeration

Market Cap: ₹45.3b

Manufactures and sells heat exchangers, evaporators, and condensers to original equipment manufacturers in the heat, ventilation, air conditioning, and refrigeration industries.

Centum Electronics

Market Cap: ₹32.7b

Designs, manufactures, exports, and sells electronic products in India, the United Kingdom, Canada, France, Belgium, Europe, North America, and internationally.

Advanced Enzyme Technologies

Market Cap: ₹34.0b

Engages in the research, development, manufacture, and marketing of enzymes and probiotics in India, Europe, the United States, Asia, and internationally.

Ador Welding

Market Cap: ₹17.8b

Manufactures and supplies welding equipment, consumables, and automation solutions in India and internationally.

Dalmia Bharat Sugar and Industries

Market Cap: ₹24.3b

Engages in the sugar business in India and internationally.

Supriya Lifescience

Market Cap: ₹59.2b

Engages in the research and development, manufacture, and sale of bulk drugs and pharmaceutical chemicals worldwide.