Indian Potentially Undervalued Companies

Welspun

Market Cap: ₹243.8b

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

Welspun Enterprises

Market Cap: ₹67.1b

Engages in the engineering, procurement, and construction of infrastructure development projects in India.

Somany Ceramics

Market Cap: ₹20.5b

Engages in the manufacture and sale of ceramic tiles and related products in India.

Jindal Steel

Market Cap: ₹1.1t

Operates in the steel, mining, and infrastructure sectors in India and internationally.

Orient Cement

Market Cap: ₹45.7b

Manufactures and sells cement in India.

NATCO Pharma

Market Cap: ₹152.5b

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.

M M Forgings

Market Cap: ₹15.9b

Manufactures and sells steel forgings in India.

Sobha

Market Cap: ₹170.6b

Engages in the construction, development, sale, management, and operation of residential and commercial real estate under the Sobha brand primarily in India.

Rupa

Market Cap: ₹16.0b

Manufactures, markets, sells, and distributes hosiery products in knitted undergarments, casual wears, and thermal wears for men, women, and kids in India and internationally.

Automotive Axles

Market Cap: ₹26.4b

Manufactures and sells automotive components in India.

EFC (I)

Market Cap: ₹31.3b

Engages in real estate leasing business in India.

Symphony

Market Cap: ₹64.3b

Manufactures and trades in air coolers and other appliances under the Symphony brand for residential, commercial, and industrial customers in India and internationally.

Pfizer

Market Cap: ₹236.2b

Engages in manufacturing, marketing, trading, and distribution of pharmaceutical products in India and internationally.

Shreyans Industries

Market Cap: ₹3.2b

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

Medinova Diagnostic Services

Market Cap: ₹415.9m

Together with its subsidiary, provides medical diagnostic services in India.

HCL Technologies

Market Cap: ₹4.0t

Provides IT and business services, engineering and research and development services, and modernized software products and IP-led offerings.

Caplin Point Laboratories

Market Cap: ₹172.8b

Engages in the development, production, marketing, and export of generic formulations and branded products in India.

GHCL

Market Cap: ₹57.6b

Manufactures and trading of inorganic chemicals in India and internationally.

Tata Consultancy Services

Market Cap: ₹11.3t

Provides information technology (IT) and IT enabled services in the Americas, Europe, India, and internationally.

Surya Roshni

Market Cap: ₹64.7b

Manufactures and sells steel pipes and strips, and lighting and consumer durables in India.

Crompton Greaves Consumer Electricals

Market Cap: ₹200.8b

Manufactures and markets consumer electrical products in India.

Sapphire Foods India

Market Cap: ₹105.4b

Owns and operates restaurants.

Kovilpatti Lakshmi Roller Flour Mills

Market Cap: ₹1.2b

Kovilpatti Lakshmi Roller Flour Mills Limited is involved in the food processing and engineering business primarily in India.

Span Divergent

Market Cap: ₹140.3m

Through its subsidiaries, engages in the food, agriculture, and life science businesses in India.

Narayana Hrudayalaya

Market Cap: ₹360.1b

Provides medical and healthcare services in India and the Cayman Islands.

Prince Pipes and Fittings

Market Cap: ₹36.8b

Manufactures and sells piping solutions in India.

S H Kelkar

Market Cap: ₹34.5b

Manufactures and supplies fragrances, flavors, and aroma ingredients in India.

Spenta International

Market Cap: ₹313.3m

Designs, manufactures, and exports cotton socks for men, women, and children in India.

NLC India

Market Cap: ₹363.2b

Engages in the mining and power generation business in India.

Hindustan Aeronautics

Market Cap: ₹3.2t

Engages in the design, development, manufacture, repair, overhaul, upgrade, and servicing of aircraft, helicopters, aero-engines, avionics, accessories, and aerospace structures in India and internationally.

Chembond Material Technologies

Market Cap: ₹2.4b

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

Can Fin Homes

Market Cap: ₹100.1b

Provides housing finance services primarily to first-time homebuyers and professionals in India.

Gourmet Gateway India

Market Cap: ₹2.0b

Operates in the food and beverage industry in India, Sri Lanka, and Maldives.

Garden Reach Shipbuilders & Engineers

Market Cap: ₹285.4b

Engages in the design and construction of war ships in India.