Indian High Return On Equity, Low Debt

Life Insurance Corporation of India

Market Cap: ₹5.5t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

Coal India

Market Cap: ₹2.5t

Produces and sells coal and coal products in India.

Hyundai Motor India

Market Cap: ₹2.0t

Engages in the manufacture and sale of passenger vehicles and parts in India and internationally.

HDFC Asset Management

Market Cap: ₹1.2t

A publically owned investment manager.

Siemens Energy India

Market Cap: ₹1.2t

Engages in energy business.

Dixon Technologies (India)

Market Cap: ₹1.0t

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

Marico

Market Cap: ₹933.4b

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Suzlon Energy

Market Cap: ₹771.9b

Manufactures and sells wind turbine generators and related components in India and internationally.

Oracle Financial Services Software

Market Cap: ₹741.4b

Provides information technology (IT) solutions to the financial services industry worldwide.

GE Vernova T&D India

Market Cap: ₹684.1b

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

Abbott India

Market Cap: ₹669.2b

Operates as a pharmaceutical company in India.

Indian Railway Catering & Tourism

Market Cap: ₹559.7b

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

Nippon Life India Asset Management

Market Cap: ₹507.9b

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

GlaxoSmithKline Pharmaceuticals

Market Cap: ₹465.6b

Manufactures, distributes, and trades in pharmaceuticals in India and internationally.

Premier Energies

Market Cap: ₹454.2b

Manufactures and sells integrated solar cells and modules in India.

National Aluminium

Market Cap: ₹339.4b

Engages in the manufacture and sale of alumina and aluminum products in India and internationally.

Motherson Sumi Wiring India

Market Cap: ₹274.7b

Engages in the manufacture and sale of components to automotive original equipment manufacturers in India and internationally.

Inventurus Knowledge Solutions

Market Cap: ₹266.0b

Operates as a technology-enabled healthcare solutions provider.

Emami

Market Cap: ₹249.4b

Manufactures and markets personal and healthcare products in India and internationally.

Anand Rathi Wealth

Market Cap: ₹229.8b

Provides financial advisory, brokerage, and consultancy services in India.

Schneider Electric Infrastructure

Market Cap: ₹206.3b

Designs, manufactures, builds, and services products and systems for electricity distribution in India and internationally.

Computer Age Management Services

Market Cap: ₹180.9b

Provides registrar and transfer agency services, including data processing and its related activities to financial institutions in India.

Travel Food Services

Market Cap: ₹158.5b

Manages and operates travel quick service restaurants (QSRs) and lounge in travel locations in India and internationally.

Akzo Nobel India

Market Cap: ₹156.1b

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

Aditya Infotech

Market Cap: ₹146.6b

Manufactures, assembles and trades security and surveillance equipment in India and internationally.

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 gemstones in India and internationally.

Indian Energy Exchange

Market Cap: ₹124.3b

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

Blue Jet Healthcare

Market Cap: ₹119.0b

Engages in the manufacturing and sale of pharmaceutical intermediates and active pharmaceutical ingredients (APIs) for use in pharmaceutical and healthcare products.

Ingersoll-Rand (India)

Market Cap: ₹118.7b

Manufactures and sells industrial air compressors and related services in India.

Sanofi India

Market Cap: ₹117.7b

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

Prudent Advisory Services

Market Cap: ₹117.3b

Provides various solutions for financial products distribution to individuals, corporates, high net worth individuals, and ultra-high net worth individuals in India and internationally.

Reliance Infrastructure

Market Cap: ₹111.8b

An infrastructure company, generates, transmits, and distributes electrical power to residential, industrial, commercial, and other consumers in India.

Shakti Pumps (India)

Market Cap: ₹99.8b

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

Tilaknagar Industries

Market Cap: ₹91.6b

Engages in the manufacture and sale of Indian made foreign liquor and its related products in India.

Jeena Sikho Lifecare

Market Cap: ₹86.9b

Trades in ayurvedic medicines in India.

Banco Products (India)

Market Cap: ₹83.4b

Engages in the manufacture and sale of heat exchangers/cooling systems in India and internationally.