Indian Undiscovered Gems With Strong Fundamentals

Aarti Pharmalabs

Market Cap: ₹65.9b

Manufactures and sells active pharmaceutical ingredients, pharmaceutical intermediates, and xanthine derivatives in India and internationally.

Andhra Sugars

Market Cap: ₹10.2b

Manufactures and sells organic and inorganic chemicals in India.

Veefin Solutions

Market Cap: ₹9.6b

Operates as a Software as a Service based digital lending and supply chain finance technology product solutions company.

Excelsoft Technologies

Market Cap: ₹10.1b

Provides software as a service (SaaS) products and services to the education and testing in India.

STEL Holdings

Market Cap: ₹10.4b

A core investment company, engages in the investment in securities of group companies in India.

Zuari Agro Chemicals

Market Cap: ₹13.1b

Engages in manufacturing, trading, and marketing of chemical fertilizers and fertilizer products in India.

KRBL

Market Cap: ₹88.9b

Manufactures and markets rice products in India and internationally.

TD Power Systems

Market Cap: ₹108.9b

Manufactures and sells AC generators and electric motors in India, Japan, the United States, Europe, and Turkey.

Rane (Madras)

Market Cap: ₹20.1b

Engages in the manufacture and marketing of auto components for transportation industry in India and internationally.

Mobavenue AI Tech

Market Cap: ₹18.7b

Operates AI-powered advertising, marketing, and consumer media platforms in India.

One Global Service Provider

Market Cap: ₹13.6b

Engages in the provision of healthcare services worldwide.

Manali Petrochemicals

Market Cap: ₹10.2b

Manufactures and sells petrochemical products in India, the European Union and United Kingdom, and internationally.

Websol Energy System

Market Cap: ₹35.1b

Manufactures and sells solar photovoltaic (PV) cells and modules in India.

KPI Green Energy

Market Cap: ₹83.6b

Operates as an independent power producer that focuses on the development, construction, ownership, operation, and maintenance of renewable energy projects under Solarism brand name in India.

HPL Electric & Power

Market Cap: ₹24.3b

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

RDB Infrastructure and Power

Market Cap: ₹10.1b

Develops real estate projects in India.

Industrial And Prudential Investment

Market Cap: ₹9.3b

Industrial & Prudential Investment Company Limited is a publicly owned investment manager.

Filatex India

Market Cap: ₹22.1b

Manufactures, sells, and trades polyester filament yarn, and synthetic yarn and textiles in India and internationally.

Bannari Amman Sugars

Market Cap: ₹45.1b

Engages in the manufacture and sale of sugar in India.

RACL Geartech

Market Cap: ₹10.9b

Manufactures and sells automotive components.

Dhanlaxmi Bank

Market Cap: ₹9.7b

Provides various banking and financial services in India.

Fermenta Biotech

Market Cap: ₹10.3b

Manufactures and markets chemicals, bulk drugs, and enzymes in India, Europe, the United States, and internationally.

Indosolar

Market Cap: ₹17.3b

Engages in the manufacturing and trading of solar photovoltaic modules in India, Europe, the United States, Middle East, and Asia.

Prostarm Info Systems

Market Cap: ₹10.2b

Engages in the designing, manufacturing, assembling, sale, service and supply of energy storage equipment and power conditioning equipment in India and internationally.

Uttam Sugar Mills

Market Cap: ₹10.1b

Manufactures and sells sugar products under the Uttam brand in India and internationally.

Inox Wind Energy

Market Cap: ₹128.3b

Engages in the manufacture and sale of wind turbine generators (WTGs) in India.

Colab Platforms

Market Cap: ₹39.3b

Provides information technology, esports, and gaming related services in India.

Mangalore Chemicals & Fertilizers

Market Cap: ₹36.6b

Engages in the manufacture, trading, and sale of nitrogenous and phosphatic fertilizers in India.

Tasty Bite Eatables

Market Cap: ₹20.6b

Manufactures and sells prepared foods in India and internationally.

Soma Papers & Industries

Market Cap: ₹13.5b

Does not have significant operations.

Silver Touch Technologies

Market Cap: ₹10.7b

Provides information technology solutions in India and internationally.

Concord Control Systems

Market Cap: ₹22.5b

Manufactures and sells electrical and electronics products for Indian Railways in India.

Benares Hotels

Market Cap: ₹12.2b

Operates hotels in India.

Shakti Pumps (India)

Market Cap: ₹89.5b

Engages in the manufacture, trade, and sale of pumps, motors, and their spare parts under the Shakti brand name in India and internationally.

Jyoti Structures

Market Cap: ₹11.7b

Manufactures and sells transmission line towers, substation structures, and tall antenna towers/masts in India and internationally.

Dr. Agarwal's Eye Hospital

Market Cap: ₹26.4b

Engages in the provision of eye care and related services in India, Ghana, Uganda, Kenya, Madagascar, Tanzania, Rwanda, Zambia, Mozambique, and Mauritius.