Indian Materials Potentially Undervalued Companies

Modern Steels

Market Cap: ₹249.1m

Engages in the steel manufacturing business in India.

Electrotherm (India)

Market Cap: ₹13.5b

An engineering and steel company, provides steel melting solutions worldwide.

Sreechem Resins

Market Cap: ₹149.6m

Manufactures and sells phenol-based resins and other allied products in India.

Kamdhenu

Market Cap: ₹7.8b

Manufactures, markets, and distributes thermo mechanical treatment (TMT) bars, structural steel, and allied products under the Kamdhenu brand name in India.

Dhanuka Agritech

Market Cap: ₹68.3b

Operates as an agro-chemical company in India.

Kridhan Infra

Market Cap: ₹374.4m

Manufactures and sells steel products in India and internationally.

Gulf Oil Lubricants India

Market Cap: ₹60.5b

Manufactures, markets, and trades lubricating oils, greases, and other derivatives for use in the automobile and industrial sectors in India.

AMD Industries

Market Cap: ₹1.1b

Provides packing solutions in India and internationally.

National Aluminium

Market Cap: ₹378.5b

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

JK Paper

Market Cap: ₹64.6b

Engages in the production and sale of paper products in India.

Hindalco Industries

Market Cap: ₹1.7t

Manufactures and distributes aluminum and copper products in India, the United States, Brazil, South Korea, the United Kingdom, Germany, China, and internationally.

Welspun

Market Cap: ₹229.6b

Manufactures, trades in, distributes, and sells steel pipes, tubes, bars, coils, and plates in India, the United States, and internationally.

NewMalayalam Steel

Market Cap: ₹559.3m

Engages in manufacturing and sale of galvanized pipes, tubes, and sheets under the Demac Steel brand name in India.

National Aluminium

Market Cap: ₹378.5b

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

Sharda Cropchem

Market Cap: ₹77.2b

A crop protection chemical company, provides various formulations and generic active ingredients worldwide.

Universus Photo Imagings

Market Cap: ₹2.8b

Manufactures, trades, and sells photographic and other imaging products.

B. D. Industries (Pune)

Market Cap: ₹1.6b

Develops, manufactures, supplies, and sells molded plastic products in India and internationally.

Sharda Cropchem

Market Cap: ₹77.2b

A crop protection chemical company, provides various formulations and generic active ingredients worldwide.

3B Films

Market Cap: ₹782.5m

Manufactures and supplies cast polypropylene (CPP) and cast polyethylene (CPE) films in India.

Palco Metals

Market Cap: ₹537.8m

Through its subsidiary, Palco Recycle Industries Limited, engages in the manufacture and sale of aluminum wire and deoxident in India.

Kridhan Infra

Market Cap: ₹374.4m

Manufactures and sells steel products in India and internationally.

Arrow Greentech

Market Cap: ₹8.4b

Engages in the manufacture and sale of water-soluble films, bio-compostable products, and other green products in India and internationally.

Rossari Biotech

Market Cap: ₹35.1b

Manufactures and sells specialty chemicals in India and internationally.

Hindalco Industries

Market Cap: ₹1.7t

Manufactures and distributes aluminum and copper products in India, the United States, Brazil, South Korea, the United Kingdom, Germany, China, and internationally.

Jayant Agro-Organics

Market Cap: ₹7.3b

An oleochemical company, engages in manufacturing and trading of castor oil and its derivatives in India and internationally.

Swastika Castal

Market Cap: ₹579.6m

Engages in manufacturing and sale of aluminum casting products.

Hindustan Organic Chemicals

Market Cap: ₹2.4b

Manufactures and sells bulk industrial chemicals and chemical intermediates in India.

South India Paper Mills

Market Cap: ₹1.4b

Manufactures and sells paper, paperboards, and cartons in India.

Geekay Wires

Market Cap: ₹3.6b

Manufactures and sells galvanized steel wires galvanized steel wires, steel nails and nuts, and bolts in India and internationally.

Lamosaic India

Market Cap: ₹401.6m

Engages in manufacturing and trading of laminates and plywood products in India.

Hindustan Tin Works

Market Cap: ₹1.5b

Manufactures and sells tin cans, printed sheets, and related components in India and internationally.

SMVD Poly Pack

Market Cap: ₹64.2m

Manufactures and markets flexible intermediate bulk containers (FIBC) packaging products primarily in India.

Caprihans India

Market Cap: ₹1.9b

Engages in the pharmaceutical packaging business in India and internationally.

Ruchira Papers

Market Cap: ₹4.4b

Manufactures and markets kraft paper, and writing and printing paper products in India and internationally.

Electrotherm (India)

Market Cap: ₹13.5b

An engineering and steel company, provides steel melting solutions worldwide.

Tulsyan NEC

Market Cap: ₹718.9m

Manufactures and sells steel products in India and internationally.