Indian High Return On Equity, Low Debt

Infosys

Market Cap: ₹5.8t

Provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally.

Coal India

Market Cap: ₹2.4t

Engages in the production and marketing of coal and coal products in India.

Trent

Market Cap: ₹1.7t

Engages in the retailing and trading of apparels, footwear, accessories, toys, games, and other products in India.

Hyundai Motor India

Market Cap: ₹1.3t

Manufactures and sells four-wheeler passenger vehicles and parts in India and internationally.

Solar Industries India

Market Cap: ₹1.0t

Engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally.

Indus Towers

Market Cap: ₹985.4b

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India.

Mazagon Dock Shipbuilders

Market Cap: ₹981.2b

Engages in building and repairing of ships, submarines, vessels, and related engineering products in India and internationally.

Marico

Market Cap: ₹919.5b

Manufactures and sells consumer products in India.

Dixon Technologies (India)

Market Cap: ₹859.2b

Engages in the provision of electronic manufacturing services in India and internationally.

HDFC Asset Management

Market Cap: ₹852.4b

A publically owned investment manager.

Abbott India

Market Cap: ₹628.5b

Operates as a pharmaceutical company in India.

Waaree Energies

Market Cap: ₹620.9b

Manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects.

Indian Railway Catering & Tourism

Market Cap: ₹584.6b

Engages in the provision of catering and hospitality, Internet ticketing, travel and tourism, and packaged drinking water services in India.

Page Industries

Market Cap: ₹496.1b

Manufactures, markets, and distributes textile garments and clothing accessories for men, women, and junior girls and boys in India and internationally.

Premier Energies

Market Cap: ₹402.5b

Manufactures and sells integrated solar cells and modules in India.

Nippon Life India Asset Management

Market Cap: ₹349.8b

Nippon Life Asset Management Limited is a publicly owned investment manager.

GE Vernova T&D India

Market Cap: ₹341.3b

Engages in building power transmission and distribution infrastructure in India and internationally.

3M India

Market Cap: ₹326.3b

Manufactures and trades in various products for the automotive, commercial solutions, consumer markets, design and construction, electronics, energy, health care, manufacturing, safety, and transportation industries in India and internationally.

KPIT Technologies

Market Cap: ₹303.5b

Provides embedded software, artificial intelligence, and digital solutions for the automobile and mobility sector in the Americas, the United Kingdom, Europe, and internationally.

Tata Elxsi

Market Cap: ₹296.0b

Engages in the provision of product design and engineering, and systems integration and support services in India, the United States, Europe, and internationally.

Authum Investment & Infrastructure

Market Cap: ₹273.3b

A non-banking finance company, engages in various investment and lending activities in India and internationally.

Gillette India

Market Cap: ₹258.8b

Manufactures and sells grooming and oral care products in India and internationally.

Central Depository Services (India)

Market Cap: ₹244.1b

Provides depository services in India.

Motherson Sumi Wiring India

Market Cap: ₹234.0b

Manufactures and sells components to automotive original equipment manufacturers in India and internationally.

Castrol India

Market Cap: ₹197.2b

Manufactures and markets automotive and industrial lubricants in India and internationally.

Computer Age Management Services

Market Cap: ₹183.7b

A mutual fund transfer agency, provides services to private equity funds, and banks and non-banking finance companies in India.

Akzo Nobel India

Market Cap: ₹159.3b

Manufactures, distributes, and sells paints and coatings in India and internationally.

Indian Energy Exchange

Market Cap: ₹159.1b

Provides automated trading platform for physical delivery of electricity, renewable energy, and certificates.

Triveni Turbine

Market Cap: ₹157.5b

Manufactures and supplies power generating equipment and solutions in India and internationally.

Anand Rathi Wealth

Market Cap: ₹149.5b

Provides financial and insurance services in India.

International Gemmological Institute (India)

Market Cap: ₹145.8b

Engages in the certification and accreditation services for natural diamonds, laboratory grown diamonds, studded jewelry, and colored stones in India and internationally.

Sanofi India

Market Cap: ₹142.5b

Manufactures and trades in drugs and pharmaceutical products in India, Singapore and internationally.

Gravita India

Market Cap: ₹134.8b

Manufactures and recycles aluminum, plastic, lead, and lead products in India, the United Arab Emirates, South Korea, and internationally.

Bombay Burmah Trading Corporation

Market Cap: ₹126.7b

Engages in the tea and coffee plantations, auto electric components, healthcare, and real estate businesses in India and internationally.

Jai Balaji Industries

Market Cap: ₹119.8b

Manufactures and markets iron and steel products primarily in India.

Shakti Pumps (India)

Market Cap: ₹112.4b

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