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.

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.

PAN HR Solution

Market Cap: ₹410.0m

Provides human resource, staffing services, and compliance solutions 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.

DLF

Market Cap: ₹1.5t

Engages in the business of colonization and real estate development in India.

KEI Industries

Market Cap: ₹523.5b

Manufactures, markets, and sells wires and cables in India and internationally.

SPL Industries

Market Cap: ₹874.6m

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

Pricol

Market Cap: ₹71.1b

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

Tanla Platforms

Market Cap: ₹70.3b

Provides cloud communication platforms as a service solution to enterprises in India and internationally.

Jai Mata Glass

Market Cap: ₹172.0m

Engages in the trading of glass in India.

Oswal Greentech

Market Cap: ₹5.8b

Develops real estate projects in India.

Supreme Industries

Market Cap: ₹405.7b

Manufactures and sells plastic products in India.

Protean eGov Technologies

Market Cap: ₹24.0b

Provides information technology (IT) enabled e-governance services in India.

Surat Trade and Mercantile

Market Cap: ₹1.1b

Engages in the commodity trading business and other commodity related activities in India.

Super Bakers (India)

Market Cap: ₹113.5m

Manufactures and sells bread in India.

Dhanvantri Jeevan Rekha

Market Cap: ₹109.0m

Engages in the provision of medical and healthcare services in India.

Jagsonpal Pharmaceuticals

Market Cap: ₹15.5b

Engages in the manufacturing, selling, and trading of pharmaceutical products and active pharmaceutical ingredients in India and internationally.

Credo Brands Marketing

Market Cap: ₹5.7b

Engages in the retail of men’s casual wear under the MUFTI brand in India.

Shree Refrigerations

Market Cap: ₹14.3b

Manufactures and sells chillers, refrigeration and air conditioning appliances, and other parts of heating, ventilation, air conditioning (HVAC) industry in India.

Premier Polyfilm

Market Cap: ₹7.0b

Engages in the manufacture and sale of vinyl flooring, sheeting, and artificial leather cloths in India.

Gujarat State Fertilizers & Chemicals

Market Cap: ₹64.6b

Produces and sells fertilizers and chemicals in India.

Maharashtra Seamless

Market Cap: ₹83.1b

Engages in the manufacture and sale of seamless steel pipes and tubes in India.

Gajanan Securities Services

Market Cap: ₹172.1m

Trades and invests in shares, securities, and derivatives in India.

Harmony Capital Services

Market Cap: ₹1.1b

Does not have significant operations.

Haryana Financial

Market Cap: ₹13.6b

Provides financial assistance to industrial units and other activities in small-scale sectors in India.

Arcee Industries

Market Cap: ₹81.9m

Engages in the manufacture and sale of rigid PVC and steel pipes in India.

Sun Pharmaceutical Industries

Market Cap: ₹4.5t

A generic pharmaceutical company, develops, manufactures, and markets branded and generic formulations, and active pharmaceutical ingredients (APIs) in India, the United States, and internationally.

Vikram Solar

Market Cap: ₹67.6b

Manufactures and sells solar photovoltaic modules/systems in India and internationally.