Indian Capital Goods Strong Balance Sheet Stocks

G R Infraprojects

Market Cap: ₹122.4b

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.

Vigor Plast India

Market Cap: ₹992.7m

Manufactures and supplies PVC pipes and fittings under the Vigor brand name in India.

Suyog Telematics

Market Cap: ₹9.2b

Provides passive telecommunication infrastructure services in India.

United Heat Transfer

Market Cap: ₹1.4b

Manufactures and sells shell and tube heat exchangers, air cooled heat exchangers, pressure vessels, and process flow skids equipment in India and internationally.

Sona Machinery

Market Cap: ₹991.6m

Manufactures and sells agro-processing equipment in India and internationally.

Jain Irrigation Systems

Market Cap: ₹39.2b

Manufactures and sells micro-irrigation systems in India, Europe, North America, and internationally.

Silkflex Polymers (India)

Market Cap: ₹1.1b

Engages in the trading of the water-based textile printing inks and wood coating polymers products under the Silkflex brand name in India.

Hexa Tradex

Market Cap: ₹9.7b

Hexa Tradex Limited operate as a dealer, trader, import and export agent, representative, contractor, buyer, seller, and broker in India.

Kaka Industries

Market Cap: ₹2.9b

Manufactures and sells polymer-based profiles, and factory-made and solid PVC doors in India.

Man Industries (India)

Market Cap: ₹31.9b

Manufactures, processes, sells, and trades in submerged arc-welded pipes and steel products in India.

Suntech Infra Solutions

Market Cap: ₹1.2b

A business-to-business construction company, provides civil construction services on direct contracting and sub-contracting basis in India.

HPL Electric & Power

Market Cap: ₹30.8b

Manufactures and sells electric equipment under the HPL brand in India.

BF Utilities

Market Cap: ₹31.5b

Engages in the infrastructure business in India.

Voltas

Market Cap: ₹456.0b

Operates as an air conditioning and engineering solutions provider primarily in India, the Middle East, Africa, and internationally.

Parth Electricals & Engineering

Market Cap: ₹3.1b

Manufactures and supplies electric switch gear equipment in India.

Hemang Resources

Market Cap: ₹303.5m

Engages in the coal trading business in India.

Vintage Coffee and Beverages

Market Cap: ₹21.9b

Through its subsidiaries, primarily engages in the manufacture, export, and sale of coffee and beverage products in India and internationally.

Rushil Décor

Market Cap: ₹8.9b

Manufactures and sells decorative laminate sheets and medium density fiber boards for use in residential and commercial spaces in India.

Ram Ratna Wires

Market Cap: ₹30.6b

Manufactures and sells winding wires in India and internationally.

Tara Chand Infralogistic Solutions

Market Cap: ₹5.8b

Provides logistics solutions in India.

Madhav Marbles and Granites

Market Cap: ₹395.9m

Engages in the manufacture and sale of natural stones and tiles in India.

Karbonsteel Engineering

Market Cap: ₹2.6b

Engages in the design, manufacture, fabrication, and assembly of heavy and precision steel structures in India.

Maximus International

Market Cap: ₹1.6b

Engages in the trading of oils and chemicals in India and internationally.

PVV Infra

Market Cap: ₹240.3m

Engages in the infrastructure business in India.

Savy Infra and Logistics

Market Cap: ₹2.8b

Operates as an engineering, procurement, and construction company in India.

Neeraj Paper Marketing

Market Cap: ₹209.0m

Engages in the trading of paper products in India.

Artson

Market Cap: ₹8.0b

Engages in the engineering, manufacturing, and construction (EMC) contracting activities in India and internationally.

Cochin Shipyard

Market Cap: ₹508.3b

Engages in the building and repair of ships and offshore structures in India and internationally.

Automobile Corporation of Goa

Market Cap: ₹13.1b

Manufactures and sells pressed parts, components, sub-assemblies, and bus bodies for range of automobiles in India.

Hardwyn India

Market Cap: ₹6.3b

Manufactures and trades in architectural hardware and glass fittings to residential and commercial structures under the Hardwyn brand in India.

Iykot Hitech Toolroom

Market Cap: ₹137.9m

Designs, manufactures, and sells precision injection molds in India.

Inox Wind Energy

Market Cap: ₹128.3b

Engages in the manufacture and sale of wind turbine generators (WTGs) in India.

Kabra Commercial

Market Cap: ₹75.8m

Kabra Commercial Limited engages in trading, importing, handling, and supervising of coal and coke.

RTS Power

Market Cap: ₹1.4b

Together with its subsidiary, manufactures and sells power and distribution transformers for generation, transmission, and distribution of electricity in India.

Fortune International

Market Cap: ₹429.7m

Engages in the production, storage, distribution, export, marketing, and securing of orders for sale of engineering goods and commodities in India and internationally.

Aaron Industries

Market Cap: ₹4.0b

Engages in the manufacture and sale of elevators and elevator parts in India.