Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

BLS E-Services

Market Cap: ₹16.0b

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

Gujarat State Fertilizers & Chemicals

Market Cap: ₹78.7b

Manufactures and sells fertilizers and chemicals in India.

Vinacomin - Power Holding

Market Cap: ₫8.4t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

Pakistan National Shipping

Market Cap: PK₨83.4b

Engages in the shipping business worldwide.

Vasa Denticity

Market Cap: ₹9.9b

Trades in dental products in India.

Mulpha International Bhd

Market Cap: RM 936.9m

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

Indo Farm Equipment

Market Cap: ₹10.7b

Manufactures and sells agricultural, industrial, and construction equipment in India.

Ramco Industries

Market Cap: ₹26.6b

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

SALUS Ljubljana d. d

Market Cap: €361.6m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

Viet Nam Power Development

Market Cap: ₫2.7t

Engages in the operation and management of hydropower plants.

Hua Na Hydropower

Market Cap: ₫5.6t

Engages in the electricity generation activities.

Cisadane Sawit Raya

Market Cap: Rp1.8t

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

Cigniti Technologies

Market Cap: ₹44.7b

Provides software testing services worldwide.

Vikram Solar

Market Cap: ₹121.7b

Manufactures and sells solar photovoltaic modules/systems.

Vietnam Container Shipping

Market Cap: ₫11.2t

Engages in port services activities in Vietnam.

Oswal Greentech

Market Cap: ₹10.3b

Develops real estate projects in India.

Genesys International

Market Cap: ₹23.5b

Provides geographical information services in India and internationally.

Master Trust

Market Cap: ₹17.1b

Provides financial services in India.

Aeroflex Industries

Market Cap: ₹22.0b

Manufactures and sells stainless steel flexible hose and assemblies in India.

Cita Mineral Investindo

Market Cap: Rp16.2t

Engages in bauxite mining activities in Indonesia.

Saint-Gobain Sekurit India

Market Cap: ₹10.3b

Manufactures and sells laminated and tempered automotive glass in India.

Avantel

Market Cap: ₹39.7b

Designs, develops, manufactures and sells wireless communication products in India.

Dwi Guna Laksana

Market Cap: Rp2.1t

Engages in the coal mining and trading activities in Indonesia.

Goldiam International

Market Cap: ₹41.1b

Manufactures, sells, and trades in diamond studded gold, silver, and platinum jewelry in India.

Indo Tech Transformers

Market Cap: ₹18.4b

Manufactures and sells transformers in India and internationally.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

Cahaya Aero Services

Market Cap: Rp5.6t

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

Ha Giang Mineral Mechanics

Market Cap: ₫3.6t

Explores, extracts, and process mineral ores in Vietnam and internationally.

PC Jeweller

Market Cap: ₹90.9b

Manufactures, sells, and trades in gold, diamond, silver, precious stone, and gold and diamond studded jewelry in India.

TSTE

Market Cap: ฿4.4b

Primarily engages in the production and distribution of wheat flour in Thailand.

Indofood Agri Resources

Market Cap: S$502.5m

Operates as a vertically integrated agribusiness company in Singapore, Indonesia, China, Nigeria, Timor Leste, and internationally.

PBA Holdings Bhd

Market Cap: RM 662.0m

An investment holding company, operates as a water supplier in Malaysia.

Wealth First Portfolio Managers

Market Cap: ₹12.9b

Provides share and stock broking services in India.

Jagsonpal Pharmaceuticals

Market Cap: ₹15.6b

Engages in the manufacturing, selling, and trading of pharmaceutical products and active pharmaceutical ingredients in India and internationally.

Monarch Networth Capital

Market Cap: ₹25.2b

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