Indian Undiscovered Gems With Strong Fundamentals

Time Technoplast

Market Cap: ₹98.6b

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

Dreamfolks Services

Market Cap: ₹12.2b

Provides airport service in India.

CARE Ratings

Market Cap: ₹54.1b

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

Suraj Estate Developers

Market Cap: ₹16.7b

Engages in the real estate development business in India.

Zaggle Prepaid Ocean Services

Market Cap: ₹54.0b

Zaggle Prepaid Ocean Services Limited builds financial products and solutions to manage the business expenses of corporates, small and medium-sized enterprises, and startups through automated workflows.

Elecon Engineering

Market Cap: ₹142.0b

Manufactures and sells Industrial Gears and Material Handling Equipment in India and internationally.

Unicommerce eSolutions

Market Cap: ₹12.9b

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

GRP

Market Cap: ₹14.4b

Manufactures and sells reclaimed rubber products for tyre and non-tyre rubber goods in India and internationally.

Epigral

Market Cap: ₹74.7b

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

HPL Electric & Power

Market Cap: ₹34.2b

Manufactures and sells electric equipment under the HPL brand in India.

Indraprastha Medical

Market Cap: ₹36.5b

Provides hospital services in India.

Garware Hi-Tech Films

Market Cap: ₹93.6b

Manufactures and sells polyester films in India and internationally.

Jammu and Kashmir Bank

Market Cap: ₹114.9b

Provides various banking products and services.

Supriya Lifescience

Market Cap: ₹54.9b

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

Pitti Engineering

Market Cap: ₹36.3b

Manufactures and sells iron and steel engineering products in India.

I G Petrochemicals

Market Cap: ₹14.3b

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

Shilpa Medicare

Market Cap: ₹76.8b

Manufactures and sells active pharmaceutical ingredients (APIs), finished dosage formulations, biosimilars, recombinant albumin in India, the United States, Europe, and internationally.

G N A Axles

Market Cap: ₹13.5b

Manufactures and sells automotive transmission components for the four-wheeler industry in North America, South America, Europe, Asia, and Australia.

Automotive Axles

Market Cap: ₹26.8b

Manufactures and sells automotive components in India.

Navneet Education

Market Cap: ₹31.0b

Engages in publishing state board publication books and stationery products in India, North and Central America, Africa, Europe, and internationally.

EFC (I)

Market Cap: ₹30.0b

Engages in real estate leasing business in India.

Tilaknagar Industries

Market Cap: ₹70.0b

Engages in the manufacture and sale of Indian made foreign liquor and its related products in India.

Rupa

Market Cap: ₹16.3b

Engages in the manufacture and sale of hosiery products in knitted undergarments, casual wears, and thermal wears for men, women, and kids in India and internationally.

Texmaco Rail & Engineering

Market Cap: ₹64.7b

Manufactures, sells, and provides services for rail and rail related products in India and internationally.

Aurionpro Solutions

Market Cap: ₹69.6b

Provides technology solutions in the transaction banking platform, customer experience, smart city, and smart transportation areas in India and internationally.

Dalmia Bharat Sugar and Industries

Market Cap: ₹32.2b

Engages in the sugar business in India and internationally.

Easy Trip Planners

Market Cap: ₹37.2b

Operates as an online travel agency in India, the Philippines, Singapore, Thailand, the United Arab Emirates, the United Kingdom, New Zealand, Brazil, the Middle East, and the United States.

ICRA

Market Cap: ₹64.4b

Operates as an independent and professional investment information, and credit rating agency in India and internationally.

Pricol

Market Cap: ₹52.9b

Manufactures and sells instrument clusters and other allied automobile components to original equipment manufacturers and replacement markets in India and internationally.

Paradeep Phosphates

Market Cap: ₹135.0b

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

Infibeam Avenues

Market Cap: ₹58.3b

Operates as a digital payment and e-commerce technology company that engages in the provision of digital payment solutions, data center infrastructure, and software platforms for businesses and governments to execute e-commerce transactions.

Insecticides (India)

Market Cap: ₹26.4b

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

Capital Small Finance Bank

Market Cap: ₹13.2b

Provides a range of banking and financial products and services for individuals and businesses in India.

Swaraj Engines

Market Cap: ₹50.1b

Manufactures and sells diesel engines, diesel engine components, and spare parts for tractors in India.

Ajax Engineering

Market Cap: ₹68.9b

Manufactures and sells self-loading concrete mixers, concrete batching plants, and concrete pumps in India and internationally.

Tips Music

Market Cap: ₹84.2b

Engages in the acquisition and exploitation of music rights in India and internationally.