Indian Strong Past Earnings Growth, P/E Ratio Below 20

Life Insurance Corporation of India

Market Cap: ₹6.0t

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

Kotak Mahindra Bank

Market Cap: ₹4.2t

Provides a range of banking and financial services to corporate and individual customers in India.

Hindustan Zinc

Market Cap: ₹1.9t

Explores for, extracts, and processes minerals in India, rest of Asia, and internationally.

GAIL (India)

Market Cap: ₹1.3t

Operates as a natural gas processing and distribution company in India and internationally.

Union Bank of India

Market Cap: ₹1.2t

Provides various banking products and services.

IDBI Bank

Market Cap: ₹1.1t

Provides a range of banking and financial services in India.

Indian Bank

Market Cap: ₹870.1b

Provides various banking products and services.

Bank of Maharashtra

Market Cap: ₹439.9b

Provides various banking products and services in India.

UCO Bank

Market Cap: ₹406.2b

Provides various banking and financial services in India and internationally.

Central Bank of India

Market Cap: ₹358.5b

Operates as a commercial bank in India.

Bandhan Bank

Market Cap: ₹296.3b

Engages in the provision of banking and financial services for personal and business customers in India.

Redington

Market Cap: ₹244.2b

Provides supply chain solutions in India and internationally.

Chambal Fertilisers and Chemicals

Market Cap: ₹226.4b

Produces and sells fertilizers primarily in India.

Karur Vysya Bank

Market Cap: ₹213.1b

Provides various banking and financial services for personal and corporate customers in India.

NATCO Pharma

Market Cap: ₹174.4b

A pharmaceutical company, engages in the developing, manufacturing, and marketing of finished dosage formulations, active pharmaceutical ingredients (APIs), and intermediates in India, the United States, and internationally.

Vardhman Textiles

Market Cap: ₹144.2b

Manufactures, purchases, and sells textiles and fibres in India and internationally.

IIFL Capital Services

Market Cap: ₹111.1b

Provides capital market services in the primary and secondary markets in India.

Shipping Corporation of India

Market Cap: ₹103.4b

A marginal liner shipping company, engages in business of transporting goods in India.

Avanti Feeds

Market Cap: ₹101.0b

Manufactures and sells shrimp feeds in India, Europe, the United States of America, Japan, Korea, China, Russia, Canada, and the Middle East.

Gujarat Narmada Valley Fertilizers & Chemicals

Market Cap: ₹82.1b

Manufactures and markets fertilizers and chemicals in India and internationally.

Ganesh Housing

Market Cap: ₹80.8b

Engages in the real estate and construction businesses in India.

South Indian Bank

Market Cap: ₹80.3b

Provides various banking products and services in India.

Mastek

Market Cap: ₹75.0b

Engages in the provision of enterprise technology solutions in India, the United Kingdom, Europe, North America, Middle East region, South-east Asia, India, Singapore, Australia, and internationally.

KNR Constructions

Market Cap: ₹62.8b

Engages in the construction, engineering, and infrastructure development activities in India.

AGI Greenpac

Market Cap: ₹52.8b

Operates as a packaging products company in India and the United Arab Emirates.

Ceigall India

Market Cap: ₹46.5b

Operates as an infrastructure construction company in India.

Infibeam Avenues

Market Cap: ₹44.4b

Operates as a digital payment and e-commerce technology company that engages in the provision of digital payment solutions, data center infrastructure, and software platforms for businesses and governments to execute e-commerce transactions.

EMS

Market Cap: ₹33.7b

EMS Limited constructs, designs, and installs water, wastewater, and domestic waste treatment facilities in India.

Gateway Distriparks

Market Cap: ₹32.7b

Provides integrated inter-modal logistics services in India.

Federal-Mogul Goetze (India)

Market Cap: ₹32.2b

Engages in the manufacture, supply, and distribution of automotive components for two/three/four-wheeler automobiles in India and internationally.

Dalmia Bharat Sugar and Industries

Market Cap: ₹31.4b

Engages in the sugar business in India and internationally.

Man Industries (India)

Market Cap: ₹29.6b

Manufactures, processes, and trades in submerged arc welded pipes and steel products in India.

Monarch Networth Capital

Market Cap: ₹29.4b

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

Insecticides (India)

Market Cap: ₹28.3b

Engages in the manufacture and sale of agro chemicals and pesticides products for agriculture purposes in India and internationally.

Filatex India

Market Cap: ₹26.5b

Manufactures, sells, and trades polyester filament yarns, and synthetic yarns and textiles in India and internationally.

Mayur Uniquoters

Market Cap: ₹24.5b

Engages in the manufacture and sale of coated textile fabrics in India and internationally.