Indian Potentially Undervalued Companies

L.G. Balakrishnan & Bros

Market Cap: ₹43.3b

Manufactures and sells chains, sprockets, and metal formed parts for automotive and industrial applications in India and internationally.

GHCL

Market Cap: ₹57.6b

Manufactures and trading of inorganic chemicals in India and internationally.

Empire Industries

Market Cap: ₹6.9b

Engages in manufacturing and selling of container glass, trading in frozen food, and indenting and property development businesses in India and internationally.

Yatharth Hospital & Trauma Care Services

Market Cap: ₹77.3b

Owns and operates super-specialty hospitals in Delhi and Madhya Pradesh.

Hindustan Oil Exploration

Market Cap: ₹22.5b

Engages in the exploration, development, and production of onshore and offshore crude oil and natural gas in India.

Bank of Maharashtra

Market Cap: ₹421.3b

Provides various banking products and services in India.

Shreyans Industries

Market Cap: ₹3.2b

Engages in the manufacture and sale of writing and printing papers and soda ash in India and internationally.

Mahindra & Mahindra Financial Services

Market Cap: ₹375.3b

A non-banking financial company, engages in financing business in India.

Kanani Industries

Market Cap: ₹393.8m

Manufactures and exports diamond studded jewellery in India.

Associated Alcohols & Breweries

Market Cap: ₹18.5b

Engages in liquor manufacturing, distillation, and bottling activities in India and internationally.

Lodha Developers

Market Cap: ₹1.2t

Through its subsidiaries, engages in the development of real estate properties in India.

UGRO Capital

Market Cap: ₹20.0b

A non-banking financial company, engages in the lending business in India.

Hindustan Zinc

Market Cap: ₹1.9t

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

Ashok Leyland

Market Cap: ₹786.6b

Engages in the manufacture and sale of commercial vehicles in India and internationally.

Kolte-Patil Developers

Market Cap: ₹41.4b

Operates as a real estate development company in India.

NRB Bearings

Market Cap: ₹27.3b

Manufactures and sells ball and roller bearings for original equipment manufacturers in India and internationally.

Kewal Kiran Clothing

Market Cap: ₹32.9b

Kewal Kiran Clothing Limited manufacturing, marketing, and retailing of branded readymade garments and finished accessories in India and internationally.

L&T Finance

Market Cap: ₹587.9b

A non-banking financial company, provides various financial products and services in India.

Rolex Rings

Market Cap: ₹38.1b

Manufactures and sell of forged and machined bearing rings, and automotive components in India and internationally.

HB Estate Developers

Market Cap: ₹2.0b

Engages in owning and managing hotels and real estate properties in India.

Zydus Lifesciences

Market Cap: ₹1.0t

Engages in the research, development, production, marketing, distribution, and sale of pharmaceutical products in India, the United States, and internationally.

Kewal Kiran Clothing

Market Cap: ₹32.9b

Kewal Kiran Clothing Limited manufacturing, marketing, and retailing of branded readymade garments and finished accessories in India and internationally.

Chembond Material Technologies

Market Cap: ₹2.4b

Manufactures, sells, and trades specialty chemicals in India and internationally.

Amarjothi Spinning Mills

Market Cap: ₹1.1b

Manufactures and processes yarns and fibers in India.

Texmaco Rail & Engineering

Market Cap: ₹60.0b

Manufactures, sells, and provides services for rail and rail related products in India and internationally.

Dr. Reddy's Laboratories

Market Cap: ₹1.1t

Operates as an integrated pharmaceutical company North America, Europe, India, Russia, and internationally.

Castrol India

Market Cap: ₹197.3b

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

G R Infraprojects

Market Cap: ₹125.7b

Through its subsidiaries, provides engineering, procurement, construction, and project management services for roads and highways, bridges, airport runway, railways and metro, tunneling and hydro, power transmission, multi modal logistic park, and optical fiber cable industries in India.

Rossari Biotech

Market Cap: ₹35.7b

Manufactures and sells specialty chemicals in India and internationally.

Piramal Pharma

Market Cap: ₹270.5b

Operates as a pharmaceutical company in the United States, Europe, Japan, India, and internationally.

KNR Constructions

Market Cap: ₹54.8b

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

Hindware Home Innovation

Market Cap: ₹28.5b

Engages in the manufacturing, selling and trading of building products, consumer appliances in India.

RITES

Market Cap: ₹132.2b

Operates as an engineering consultancy company in the field of railways, highways, airports, ports, ropeways, urban transport, and inland waterways.

Prince Pipes and Fittings

Market Cap: ₹36.8b

Manufactures and sells piping solutions in India.

Indian Terrain Fashions

Market Cap: ₹1.7b

Engages in the retail of branded apparel in India.

Jyothy Labs

Market Cap: ₹119.7b

Manufactures and markets fabric care, dishwashing, personal care, and household insecticides products in India and internationally.