Indian Undiscovered Gems With Strong Fundamentals

AVT Natural Products

Market Cap: ₹10.3b

Engages in the production, trading, and distribution of oleoresins, and value-added tea and animal nutritional products in India, Europe, the United States, and internationally.

WPIL

Market Cap: ₹41.2b

Engages in designing, developing, manufacturing, erecting, commissioning, and servicing pumps and pumping systems in India and internationally.

Premier Explosives

Market Cap: ₹25.5b

Manufactures and sells high energy materials and allied products in India and internationally.

Indo Thai Securities

Market Cap: ₹46.6b

Engages in the stock and share broking, depository participants, and other related ancillary businesses in India.

D-Link (India)

Market Cap: ₹14.9b

Engages in the marketing and distribution of D-Link branded networking products for consumers, small businesses, medium to large-sized enterprises, and service providers in India.

Anondita Medicare

Market Cap: ₹13.0b

Manufactures and sells condoms under the COBRA brand name in India.

Kernex Microsystems (India)

Market Cap: ₹17.5b

Engages in the manufacture and sale of safety systems and software services for railways in India and internationally.

Oriana Power

Market Cap: ₹43.4b

Provides renewable energy solutions in India.

Control Print

Market Cap: ₹11.5b

Engages in the manufacture and sale of coding and marking machines and consumables in India and internationally.

Jain Resource Recycling

Market Cap: ₹138.8b

Engages in the manufacture and export of non-ferrous metal products by way of recycling of non-ferrous metal scrap.

Rashtriya Chemicals and Fertilizers

Market Cap: ₹76.5b

Manufactures, markets, and sells fertilizers and industrial chemicals in India.

D. P. Abhushan

Market Cap: ₹32.3b

Engages in the manufacturing, sale, and trading of gold, diamond, platinum, silver jewellery, and other precious metals in India.

Jubilant Agri and Consumer Products

Market Cap: ₹33.7b

Manufactures and sells performance polymers, chemicals, and agri products in India and internationally.

MSTC

Market Cap: ₹33.1b

Engages in marketing, e-commerce, and scrap recovery and allied job businesses primarily in India.

Marsons

Market Cap: ₹25.8b

Engages in manufacturing, supplying, erecting, testing, and commissioning of power and distribution transformers in India.

Dolphin Offshore Enterprises (India)

Market Cap: ₹16.5b

Provides offshore and marine services to the oil and gas industry in India, Thailand, Mexico, Malaysia, Indonesia, Africa, and internationally.

TAAL Tech

Market Cap: ₹9.3b

Provides engineering design services in India and internationally.

Honda India Power Products

Market Cap: ₹23.7b

Engages in the manufacture, marketing, and sale of portable generators, water pumps, general purpose engines, lawn mowers, brush cutters, hand tools, portable gensets, tillers, and marine engines in India and internationally.

Anand Rathi Share and Stock Brokers

Market Cap: ₹35.7b

Provides financial services in India and internationally.

Bondada Engineering

Market Cap: ₹39.6b

Provides engineering, procurement, and construction, and operations and maintenance services for telecom and solar sectors in India.

Vimta Labs

Market Cap: ₹26.9b

Provides contract research and testing services in India and internationally.

Rajesh Power Services

Market Cap: ₹18.9b

Provides engineering, procurement, and construction contracting and services to power transmission and distribution utilities companies in India.

R & B Denims

Market Cap: ₹11.0b

Together with its subsidiary, manufactures and sells denim textile products in India.

Chennai Petroleum

Market Cap: ₹136.0b

Produces and supplies petroleum products in India.

Indiabulls

Market Cap: ₹40.3b

Engages in the digital platform business in India.

Ashiana Housing

Market Cap: ₹29.3b

Through its subsidiaries, engages in the real estate development business in India.

Waaree Renewable Technologies

Market Cap: ₹97.5b

Engages in the generation of power through renewable energy sources in India.

Sathlokhar Synergys E&C Global

Market Cap: ₹11.4b

Operates as an integrated engineering, procurement, and construction turnkey contractor in India.

Alldigi Tech

Market Cap: ₹12.7b

Provides business process solutions in India and internationally.

V-MARC India

Market Cap: ₹16.0b

Manufactures and markets electrical wires and cables under the V-Marc brand name in India.

Saksoft

Market Cap: ₹26.0b

An information technology company, provides digital transformation solutions in Europe, the United States, the Asia Pacific, and internationally.

Atlanta Electricals

Market Cap: ₹71.6b

Manufactures and sells transformers to institutional and corporate customers in India.

Vilas Transcore

Market Cap: ₹9.6b

Manufactures and sells cold-rolled grain-oriented (CRGO) transformer laminations and allied components in India and internationally.

Pondy Oxides And Chemicals

Market Cap: ₹35.7b

Produces and sells lead, lead alloys, and plastic additives in India.

Studds Accessories

Market Cap: ₹21.3b

Designs, manufactures, markets, and sells helmets.

Alpex Solar

Market Cap: ₹19.7b

Designs, manufactures, and sells power photovoltaic (PV) modules and solar energy systems in India.