Indian Undervalued Dividend Payers

Oil and Natural Gas

Market Cap: ₹3.0t

Engages in the exploration, development, production, and distribution of crude oil, natural gas, and value-added products in India and internationally.

Canara Bank

Market Cap: ₹1.4t

Provides various banking products and services in India and internationally.

Petronet LNG

Market Cap: ₹422.6b

Engages in the import, storage, regasification, and supply of liquefied natural gas (LNG) in India.

Mahanagar Gas

Market Cap: ₹112.3b

Operates as a natural gas distribution company in India.

Gujarat Pipavav Port

Market Cap: ₹88.5b

Engages in the construction, operation, and maintenance of port at Pipavav in Gujarat, India.

Zee Entertainment Enterprises

Market Cap: ₹87.6b

Engages in broadcasting satellite television channels and digital media in India and internationally.

EPL

Market Cap: ₹68.0b

Manufactures and sells plastic packaging materials in the form of multilayer collapsible tubes, corrugated boxes, and laminates in the Americas, Europe, Africa, the Middle East, South Asia, and the East Asia Pacific.

Gateway Distriparks

Market Cap: ₹30.5b

Provides integrated inter-modal logistics services in India.