Indian Strong Balance Sheet Stocks

BLS Infotech

Market Cap: ₹599.6m

Engages in the provision of information technology (IT) and IT enabled services in India.

Bengal Steel Industries

Market Cap: ₹245.0k

Engages in the steel manufacturing and fabrication, real estate, and other allied service businesses.

Innovatus Entertainment Networks

Market Cap: ₹342.5m

Provides media, advertising, and marketing support services in India.

Franklin Leasing and Finance

Market Cap: ₹140.8m

A non-banking finance company, primarily engages in the business of advancing loans and investing/trading in securities in India.

Bindal Exports

Market Cap: ₹122.4m

Manufactures and exports textiles, garments, and made ups in India under the Fashfun brand.

Cigniti Technologies

Market Cap: ₹34.7b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Parshva Enterprises

Market Cap: ₹1.9b

Engages in the business of sale and trading of gold and diamond jewelry, and cut and polished diamonds in India.

Alphalogic Industries

Market Cap: ₹1.5b

Designs, manufactures, supplies, and installs industrial racks and storage solutions in India.

Mercury Laboratories

Market Cap: ₹975.6m

Engages in manufacturing, selling, exporting, and dealing in various pharmaceutical drugs and medicines for mother and child healthcare in India and internationally.

Ravelcare

Market Cap: ₹809.7m

Provides beauty and personal care products in India.

Mizzen Ventures

Market Cap: ₹2.9b

Engages in construction works and infrastructure activities in India.

Rapid Multimodal Logistics

Market Cap: ₹505.0m

Provides specialized transportation and logistics services across road, rail, sea, inland waterways, and air in India and internationally.

Vasudhagama Enterprises

Market Cap: ₹39.5m

Engages in the business of advertising and marketing support services in India.

Shanti Spintex

Market Cap: ₹726.0m

Manufactures and sells denim fabrics in India.

Madhur Industries

Market Cap: ₹24.5m

Manufactures, sells, and exports food products in India and internationally.

PAN HR Solution

Market Cap: ₹410.0m

Provides human resource, staffing services, and compliance solutions in India.

Mandeep Auto Industries

Market Cap: ₹198.5m

Manufactures and supplies sheet metal components, auto parts, sprocket gears, and various machined components in India.

Amanaya Ventures

Market Cap: ₹59.8m

Operates as a bullion trader in India.

Micropro Software Solutions

Market Cap: ₹275.3m

Provides software development, and maintenance and supports services in India and the United Arab Emirates.

Emkay Tools

Market Cap: ₹10.7b

Manufactures and sells precision cutting tools in India.

SPEB Adhesives

Market Cap: ₹2.0b

Manufactures and sells solvent-based and water-based synthetic rubber adhesives solutions in India and internationally.

Mayur Uniquoters

Market Cap: ₹34.4b

Engages in the manufacture and sale of coated textile fabrics in India and internationally.

SPL Industries

Market Cap: ₹927.7m

Manufactures and sells knitted garments and fabrics in India and internationally.

Pricol

Market Cap: ₹71.5b

Manufactures and sells instrument clusters and other allied automobile components to original equipment manufacturers and replacement markets in India and internationally.

Concord Biotech

Market Cap: ₹134.5b

A biopharma company, engages in the research and development, manufacture, market, and sale of pharmaceutical products in India and internationally.

Hexaware Technologies

Market Cap: ₹301.5b

Provides information technology consulting, software development, and business process services worldwide.

UTI Asset Management

Market Cap: ₹120.6b

UTI Asset Management Company (P) Ltd. is a privately owned investment manager.

Samtel India

Market Cap: ₹424.9m

Does not have significant operations.

Action Construction Equipment

Market Cap: ₹117.6b

Manufactures and sells material handling and construction equipment primarily in India and internationally.

Transport Corporation of India

Market Cap: ₹71.3b

Provides end-to-end integrated supply chain and logistics solutions in India.

Sreeleathers

Market Cap: ₹5.0b

Engages in the trading of footwear and accessories in India.

NCL Industries

Market Cap: ₹8.7b

Manufactures and sells building materials in India.

NBCC (India)

Market Cap: ₹289.0b

Engages in project management consultancy, engineering procurement and construction, and real estate development businesses in India and internationally.

Simplex Realty

Market Cap: ₹406.5m

Engages in the real estate development business in India.

Focus Lighting and Fixtures

Market Cap: ₹6.0b

Manufactures and deals in LED lighting, fixtures, and lighting solutions in India.

Vilin Bio Med

Market Cap: ₹579.6m

Engages in the manufacture and trade of pharmaceutical products in India.