Global Undiscovered Gems With Strong Fundamentals

Wilson Bank Holding

Market Cap: US$486.6m

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to individuals, professionals, and small businesses in Tennessee.

Shangri-La Hotel

Market Cap: ฿6.0b

Operates hotels in Bangkok and Chiang Mai provinces.

Sun

Market Cap: MU₨6.3b

Operates in the tourism sector.

Vivo Energy Mauritius

Market Cap: MU₨11.7b

Vivo Energy Mauritius Limited markets and distributes fuels and lubricants to retail and commercial customers in Mauritius.

Billion Industrial Holdings

Market Cap: HK$9.0b

Develops, manufactures, and sells polyester filament yarns products, polyester products, polyester industrial yarns products, and ES fiber products in the People’s Republic of China and internationally.

Mandiri Herindo Adiperkasa

Market Cap: Rp2.7t

Provides mineral and coal transportation services in Indonesia.

SML Isuzu

Market Cap: ₹24.1b

Manufactures and sells commercial vehicles and related parts in India and internationally.

Petrolimex Insurance

Market Cap: ₫2.8t

Provides various insurance products in Vietnam.

Knowledge Marine & Engineering Works

Market Cap: ₹14.8b

Engages in the ownership, operation, and chartering/hiring of marine crafts in India.

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp14.9t

Manufactures and sells paper products in Asia, Africa, Europe, the United States, the Middle East, and internationally.

Avantel

Market Cap: ₹28.2b

Manufactures and sells telecom products and related services in India.

MOBI Industry

Market Cap: ر.س735.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Hayleys

Market Cap: LK₨100.9b

Operates in the manufacturing, agriculture, and services sectors worldwide.

MMTC

Market Cap: ₹75.5b

Operates as a trading company in Asia, Europe, Africa, the Middle East, Latin America, and North America.

National General Insurance (P.J.S.C.)

Market Cap: د.إ1.2b

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.

SG Mart

Market Cap: ₹35.8b

Engages in the trading of building material products in India.

3B Blackbio Dx

Market Cap: ₹14.9b

Engages in the design, development, manufacturing, and commercialization of agrochemicals and PCR based molecular diagnostic kits in India.

Kalyani Investment

Market Cap: ₹18.9b

A non-deposit taking core investment company, engages in making investments in group companies in India.

Indo Tech Transformers

Market Cap: ₹22.4b

Manufactures and distributes transformers in India and internationally.

Monarch Networth Capital

Market Cap: ₹24.7b

Provides financial services to high net worth individuals, institutional and foreign investors, financial institutions, and corporate clients in India.

Saha-Union

Market Cap: ฿8.2b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Sanstar

Market Cap: ₹16.5b

Manufactures and sells plant-based specialty products and ingredient solutions in India and internationally.

Dolat Algotech

Market Cap: ₹15.1b

Engages in trading of shares, securities, commodities, and other financial products in India.

AGI Infra

Market Cap: ₹19.6b

Agi Infra Limited, together with its subsidiary, engages in the real estate and construction businesses in India.

Interarch Building Solutions

Market Cap: ₹28.5b

Provides pre-engineered steel construction solutions in India.

Vasa Denticity

Market Cap: ₹10.7b

Trades in dental products in India.

Sugar Terminals

Market Cap: AU$363.6m

Provides storage and handling solutions for bulk sugar and other commodities in Australia.

Bank Ganesha

Market Cap: Rp1.8t

Provides various general banking products and services for individuals and businesses in Indonesia.

Rir Power Electronics

Market Cap: ₹18.4b

Engages in the manufacture and sale of power semiconductor devices and high-power equipment in India.

Nibe

Market Cap: ₹17.4b

Engages in the fabrication and machining of components business in India and internationally.

Central Finance

Market Cap: LK₨42.5b

Provides various financial solutions primarily in Sri Lanka.

Ceylinco Holdings

Market Cap: LK₨66.6b

Ceylinco Holdings PLC underwrites various classes of general and life insurance products primarily in Sri Lanka.

KP Green Engineering

Market Cap: ₹20.1b

Engages in engineering and manufacture of steel structure in India.

Citra Tubindo

Market Cap: Rp1.9t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.