Global Materials Strong Balance Sheet Stocks

Punjab Chemicals and Crop Protection

Market Cap: ₹13.6b

Manufactures and sells agrochemicals, specialty chemicals, bulk drugs, and related intermediates in India, Europe, Japan, Israel, the United States, Latin America, and internationally.

Taqat Mineral Trading

Market Cap: ر.س160.9m

Manufactures and sells iron and steel products in the Kingdom of Saudi Arabia.

Wang-Zheng Berhad

Market Cap: RM 63.3m

An investment holding company, engages in the manufacture, processing, and distribution of fiber-based products in Malaysia, rest of Asia, Africa, and Australia.

Haycarb

Market Cap: LK₨26.8b

Manufactures and sells coconut shell activated carbon in Sri Lanka and internationally.

Ambani Orgochem

Market Cap: ₹1.1b

Manufactures, processes, imports, and supplies water based specialty chemicals in India.

Ittehad Chemicals

Market Cap: PK₨12.5b

Manufactures and sells caustic soda and other allied chemicals in Pakistan.

Bhagawati Oxygen

Market Cap: ₹99.8m

Manufactures and supplies industrial gases in India.

Pantech Global Berhad

Market Cap: RM 450.5m

An investment holding company, engages in the manufacture and sale of carbon steel and stainless-steel butt weld pipe fittings, and stainless-steel welded pipes.

Retina Paints

Market Cap: ₹1.1b

Manufactures and sells paints in India.

Asia Poly Holdings Berhad

Market Cap: RM 174.0m

An investment holding company, manufactures and sells cell cast acrylic sheets.

Leform Berhad

Market Cap: RM 214.7m

Engages in manufacturing and trading of steel products in Malaysia.

CIC Holdings

Market Cap: LK₨51.0b

Engages in merchandising and manufacturing activities businesses worldwide.

Platinum Industries

Market Cap: ₹15.2b

Engages in the manufacture and sale of poly vinyl chloride (PVC) stabilizers, chlorinated polyvinyl chloride (CPVC) additives, and related products in India and internationally.

Hindustan Adhesives

Market Cap: ₹1.6b

A specialty adhesive coating company, manufactures and sells self-adhesive tapes in India and internationally.

Middle East Company for Manufacturing and Producing Paper

Market Cap: ر.س2.3b

Engages in the production and sale of container boards and industrial papers in the Kingdom of Saudi Arabia, the Middle East, Africa, Asia, and Europe.

Maithan Alloys

Market Cap: ₹32.6b

Manufactures and exports ferro alloys.

Madhya Bharat Agro Products

Market Cap: ₹36.0b

Engages in the manufacture and sale of fertilizers and chemicals in India.

Stanpacks (India)

Market Cap: ₹70.7m

Manufactures and sells polypropylene (PP) bags in India.

Hi-Green Carbon

Market Cap: ₹5.6b

Engages in the production of hydrocarbon fuel and its byproducts in India.

CNT Group

Market Cap: HK$420.7m

An investment holding company, manufactures and sells paint and coating products in Hong Kong and Mainland China.

Macpac Films

Market Cap: PK₨1.8b

Manufactures, buys, and sells plastic packaging films in Pakistan.

Vivid Global Industries

Market Cap: ₹150.7m

Engages in the production and sale of dye intermediates and dyes in India.

Paragon Fine And Speciality Chemical

Market Cap: ₹1.1b

Manufactures and sells specialty intermediates, cosmetics intermediates, pharma intermediates, and agro intermediates in India.

Critical Resources

Market Cap: AU$22.2m

Engages in the exploration and development of mineral projects in Australia and Canada.

Subam Papers

Market Cap: ₹3.1b

Manufactures and sells Kraft papers and paper products in India and internationally.

Indo Acidatama

Market Cap: Rp403.3b

Operates as an agro-chemical company in Indonesia.

Ambey Laboratories

Market Cap: ₹1.0b

Engages in manufacturing and selling of agro chemicals, compounds, and related pharmaceutical products in India.

Bohra Industries

Market Cap: ₹361.4m

Manufactures and trades in phosphate fertilizers in India.

IFGL Refractories

Market Cap: ₹17.8b

Manufactures, trades in, and sells refractory items and related equipment and accessories used in steel plants in India and internationally.

Ritesh International

Market Cap: ₹373.2m

Engages in the manufacture and sale of stearic acids and other non-edible oils for rubber and PVC industries in India.

West Wits Mining

Market Cap: AU$159.2m

Engages in the exploration, development, and production of mineral properties in South Africa and Australia.

Pacific Lime and Cement

Market Cap: AU$221.8m

An investment holding company, engages in the exploration and evaluation of mineral resources.

Venlon Enterprises

Market Cap: ₹390.3m

Engages in the business of trading of formaldehyde and paraformaldehyde.

Innovative Tech Pack

Market Cap: ₹526.4m

Engages in the manufacture and resale of plastic bottles, jars, containers, and pre-forms and caps in India.

Sangal Papers

Market Cap: ₹311.8m

Engages in the manufacturing of paper in India.

Western Gold Exploration

Market Cap: CA$6.4m

Through its subsidiaries, engages in the exploration and development of mineral properties in Scotland.