Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in the tourism business in Slovenia.

Gallantt Ispat

Market Cap: ₹126.2b

Engages in manufacture and sale of iron and steel products in India.

Bank MNC Internasional

Market Cap: Rp2.4t

Provides various banking products and services in Indonesia.

Luxchem Corporation Berhad

Market Cap: RM 443.6m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.

GTS Internasional

Market Cap: Rp1.9t

PT GTS Internasional Tbk, together with its subsidiaries, transports liquefied natural gas worldwide.

Cahaya Aero Services

Market Cap: Rp5.7t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Bank Ganesha

Market Cap: Rp2.6t

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

Nestlé Pakistan

Market Cap: PK₨364.4b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Jordanian Duty Free Shops

Market Cap: د.أ148.5m

Invests in, operates, and manages duty-free shops.

Ruentex Interior Design

Market Cap: NT$3.5b

Engages in the interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

Ramco Industries

Market Cap: ₹28.6b

Engages in the building products, textiles, and power generation businesses in India.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

MOBI Industry

Market Cap: ر.س595.0m

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

Nusantara Pelabuhan Handal

Market Cap: Rp3.4t

Manages and operates container terminals in Indonesia and internationally.

Cita Mineral Investindo

Market Cap: Rp18.6t

Engages in bauxite mining activities in Indonesia.

Indo Tech Transformers

Market Cap: ₹17.2b

Manufactures and sells transformers in India and internationally.

Taiyo KagakuLtd

Market Cap: JP¥38.0b

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

Saatvik Green Energy

Market Cap: ₹68.4b

Manufactures and sells solar photovoltaic modules in India and internationally.

Sure Global Tech

Market Cap: ر.س451.3m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ703.8m

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

Goldiam International

Market Cap: ₹40.2b

Manufactures and sells gold/silver/platinum and diamond studded jewelry products in India.

Enviro Infra Engineers

Market Cap: ₹41.9b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

HG Metal Manufacturing

Market Cap: S$136.0m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Fortune Mate Indonesia

Market Cap: Rp2.3t

Provides real estate development and construction services in Indonesia.

Palasino Holdings

Market Cap: HK$2.2b

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

Hua Na Hydropower

Market Cap: ₫5.5t

Engages in the electricity generation activities.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Yibin City Commercial Bank

Market Cap: HK$12.0b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Jamuna Bank

Market Cap: ৳19.7b

Provides various banking products and services in Bangladesh.

Cantabil Retail India

Market Cap: ₹21.1b

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

Citra Tubindo

Market Cap: Rp4.2t

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

Hospital Corporation of China

Market Cap: HK$802.6m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

SML Mahindra

Market Cap: ₹45.3b

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

Knowledge Marine & Engineering Works

Market Cap: ₹29.9b

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