Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Renaissance Global

Market Cap: ₹11.0b

Manufactures, retails, and trades in jewelry, gems, and diamonds in India and internationally.

Baazeem Trading

Market Cap: ر.س574.1m

Operates as a FMCG distribution company.

Insolation Energy

Market Cap: ₹34.1b

Engages in the manufacture and sale of solar panels and modules under INA brand name in India.

Taiyo KagakuLtd

Market Cap: JP¥44.7b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Sakar Healthcare

Market Cap: ₹14.1b

Research, develops, manufactures, and sells pharmaceutical products in India.

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹11.6b

Manufactures and trades in chemicals, dyes and dyes intermediate, cattle feeds, fertilizers, and soil conditioners in India.

Shahjalal Islami Bank

Market Cap: ৳19.1b

Provides commercial banking products and services in Bangladesh.

Palasino Holdings

Market Cap: HK$1.5b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Nusantara Pelabuhan Handal

Market Cap: Rp2.5t

Manages and operates container terminals in Indonesia and internationally.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.4b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Timex Group India

Market Cap: ₹34.8b

Engages in designing, manufacturing, and trading of watches in India and internationally.

Yulie Sekuritas Indonesia

Market Cap: Rp5.4t

Operates as a securities company in Indonesia.

Macpower CNC Machines

Market Cap: ₹11.2b

Manufactures and sells computer numerical control (CNC) metal cutting machines in India.

Cantabil Retail India

Market Cap: ₹20.5b

Engages in designing, manufacturing, branding, and retailing of apparel and apparel accessories in India.

AB Akola Group

Market Cap: €286.6m

Through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries.

GOCL

Market Cap: ₹16.2b

Engages in the electronics manufacturing services and the realty businesses in India and internationally.

Hindustan Construction

Market Cap: ₹54.0b

Provides engineering and construction services in India and internationally.

Abans Financial Services

Market Cap: ₹10.2b

Operates as a non-banking finance company in India and internationally.

Royal Ceramics Lanka

Market Cap: LK₨52.6b

Manufactures and sells wall and floor tiles in Sri Lanka.

Invalda INVL

Market Cap: €342.5m

A private equity firm specializing in investments in small and middle-market privately held companies, industry consolidation, mature, growth capital, early venture, mid venture, later stage, acquisitions, and buyouts in undervalued assets.

PINAGO UTAMA

Market Cap: Rp2.8t

Engages in the oil palm and rubber plantation business in Indonesia.

Monarch Networth Capital

Market Cap: ₹23.3b

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

Cigniti Technologies

Market Cap: ₹33.0b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

BLS E-Services

Market Cap: ₹16.2b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

Bonraybio

Market Cap: NT$4.1b

A development stage company, manufactures medical instruments and solutions for the male infertility market.

TechNVision Ventures

Market Cap: ₹37.0b

Provides information technology products and services in India and internationally.

Fauji Foods

Market Cap: PK₨44.3b

Engages in processing and sale of toned milk, milk powder, fruit juices, allied dairy, and food products in Pakistan.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ641.7m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Jamuna Bank

Market Cap: ৳22.0b

Provides various banking products and services in Bangladesh.

Thai Steel Cable

Market Cap: ฿3.8b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Saha-Union

Market Cap: ฿7.9b

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

AGI Infra

Market Cap: ₹44.8b

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

Mulpha International Bhd

Market Cap: RM 909.3m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Joyce

Market Cap: AU$174.2m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.

Ceylinco Holdings

Market Cap: LK₨75.5b

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