Indian Undiscovered Gems With Strong Fundamentals

Garware Technical Fibres

Market Cap: ₹84.7b

Manufactures and sells various technical textile products in India and internationally.

Innova Captab

Market Cap: ₹48.5b

An integrated pharmaceutical company, engages in the research and development, manufacture, distribution, and marketing of drugs in India and internationally.

Mishra Dhatu Nigam

Market Cap: ₹83.0b

Manufactures and sells super alloys, titanium, special purpose steel, and other special metals in India and internationally.

Techno Electric & Engineering

Market Cap: ₹172.2b

Provides engineering, procurement, and construction (EPC) services to the power generation, transmission, and distribution sectors in India.

Avanti Feeds

Market Cap: ₹98.6b

Manufactures and sells shrimp feeds in India, Europe, the United States of America, Japan, Korea, China, Russia, Canada, and the Middle East.

Engineers India

Market Cap: ₹124.3b

An engineering consultancy company, provides design, engineering, procurement, construction, and integrated project management services for oil, gas, fertilizers, steel, railways, power, infrastructure, and petrochemical industries worldwide.

Zen Technologies

Market Cap: ₹171.6b

Together with its subsidiary, designs, develops, manufactures, and sells training simulators in India and internationally.

Sterling and Wilson Renewable Energy

Market Cap: ₹73.4b

Engages in the provision of engineering, procurement, and construction (EPC) services to solar power projects.

INOX India

Market Cap: ₹107.4b

Manufactures and supplies cryogenic liquid storage and transport tanks for gas companies and other customers in India and internationally.

Netweb Technologies India

Market Cap: ₹99.9b

Designs, manufactures, and sells high-end computing solutions (HCS) in India.

Transformers and Rectifiers (India)

Market Cap: ₹147.8b

Manufactures and sells transformers in India.

Man Industries (India)

Market Cap: ₹25.3b

Manufactures, processes, and trades in submerged arc welded pipes and steel products in India.

IFB Industries

Market Cap: ₹63.4b

Manufactures and trades in home appliances in India and internationally.

Strides Pharma Science

Market Cap: ₹76.2b

Develops, manufactures, and sells pharmaceutical products in Africa, Australia, North America, Europe, Asia, India, and internationally.

Suraksha Diagnostic

Market Cap: ₹17.4b

Operates a chain of diagnostic centers in India.

Genus Power Infrastructures

Market Cap: ₹97.0b

Engages in the manufactures and sells smart metering solutions in India and internationally.

Thyrocare Technologies

Market Cap: ₹53.4b

Provides diagnostic testing services to patients, laboratories, and hospitals in India.

Nitin Spinners

Market Cap: ₹20.5b

Manufactures and sells cotton and blended yarns, and knitted and woven fabrics in India and internationally.

Marksans Pharma

Market Cap: ₹108.8b

Engages in the research, manufacturing, marketing, and sale of pharmaceutical formulations in the United States, North America, Europe, the United Kingdom, Australia, New Zealand, and internationally.

Jupiter Wagons

Market Cap: ₹156.9b

Manufactures and sells railway wagons, wagon components, and railway transportation equipment in India and internationally.

Carysil

Market Cap: ₹24.5b

Manufactures and trades in quartz kitchen and stainless steel kitchen sinks, bath products, tiles, kitchen appliances, and accessories in India.

Caplin Point Laboratories

Market Cap: ₹155.7b

Engages in the development, production, marketing, and export of generic pharmaceutical formulations and branded products in India.

Supreme Petrochem

Market Cap: ₹149.1b

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

Tanla Platforms

Market Cap: ₹87.9b

Engages in the provision of cloud communication platforms as a service for mobile operators and enterprises in India and internationally.

Apeejay Surrendra Park Hotels

Market Cap: ₹34.2b

Owns and operates hotels in India.

ITD Cementation India

Market Cap: ₹138.5b

Provides construction and civil engineering contracting services in India.

Kirloskar Pneumatic

Market Cap: ₹87.2b

Engages in the design, manufacture, and supply industrial air compressors, gas compressors, and pneumatic tools in India and internationally.

Alkyl Amines Chemicals

Market Cap: ₹105.8b

Manufactures and supplies amines, amine derivatives, and other specialty chemicals in India and internationally.

KSB

Market Cap: ₹144.0b

Manufactures and sells power-driven pumps and industrial valves in India and internationally.

VA Tech Wabag

Market Cap: ₹91.7b

Engages in the design, supply, installation, construction, operation, and maintenance of drinking water, waste and industrial water treatment, and desalination plants in India and internationally.

Dodla Dairy

Market Cap: ₹80.9b

Engages in the production and sale of milk and milk products in India and internationally.

Rolex Rings

Market Cap: ₹39.9b

Manufactures and sells machined and forged bearing rings and automotive components in India and internationally.

Hi-Tech Pipes

Market Cap: ₹20.1b

Manufactures and sells steel in India.

Entero Healthcare Solutions

Market Cap: ₹48.7b

Engages in the trading of pharmaceutical and surgical products to retail pharmacies, hospitals, healthcare product manufacturers, and healthcare clinics in India.

Artemis Medicare Services

Market Cap: ₹35.0b

Engages in the management and operation of multi specialty hospitals in India and internationally.

Lumax Auto Technologies

Market Cap: ₹73.5b

Manufactures and sells in automotive components in India.