Indian Capital Goods Strong Balance Sheet Stocks

Rolex Rings

Market Cap: ₹36.6b

Manufactures and sell of forged and machined bearing rings, and automotive components in India and internationally.

NCC

Market Cap: ₹129.3b

Operates in the construction business in India and internationally.

Suzlon Energy

Market Cap: ₹788.2b

Manufactures and sells wind turbine generators and related components in India and internationally.

Schaeffler India

Market Cap: ₹639.1b

Engages in the development, manufacture, and distribution of high-precision roller and ball bearings, and related components worldwide.

Thejo Engineering

Market Cap: ₹19.9b

Designs, develops, manufactures, and supplies rubber and polyurethane based engineering products for bulk material handling systems, mineral processing, and corrosion protection applications in India and internationally.

Kennametal India

Market Cap: ₹46.2b

Manufactures, sells, and trades in hard metal products and machine tools in India, Germany, the United States, China, and internationally.

CG Power and Industrial Solutions

Market Cap: ₹1.2t

Provides various solutions in India and internationally.

Harsha Engineers International

Market Cap: ₹37.2b

Engages in the manufacture and sale of precision bearing cages and high precision engineered components in India and internationally.

MSTC

Market Cap: ₹35.3b

Engages in marketing, e-commerce, and scrap recovery and allied job businesses primarily in India.

Timken India

Market Cap: ₹228.4b

Manufactures, sells, and distributes tapered and other roller bearings, components, accessories, and mechanical power transmission products in India, the United States, and internationally.

SNL Bearings

Market Cap: ₹1.4b

Manufactures and markets antifriction bearing products in India and internationally.

Rasi Electrodes

Market Cap: ₹552.6m

Manufactures and markets welding electrodes and consumables under the RASI brand in India.

Siddhika Coatings

Market Cap: ₹1.2b

A texture paint contract company, sells paints and allied products.

Shilp Gravures

Market Cap: ₹1.7b

Together with its subsidiary, Etone India Private Limited, manufactures and sells engraved copper rollers using electronic, laser, and chemical etching technologies in India.

Kaushalya Infrastructure Development

Market Cap: ₹443.9m

Engages in executing construction contracts relating to infrastructure and real estate developments in India.

Taneja Aerospace and Aviation

Market Cap: ₹9.6b

Operates in aerospace and aviation business in India.

Rajdarshan Industries

Market Cap: ₹136.5m

Trades in quartz grit and powder, and consumables used in the production of quartz stone in India.

Quasar India

Market Cap: ₹166.6m

Engages in the trading and distribution of agriculture products in India.

Dutron Polymers

Market Cap: ₹720.0m

Engages in the manufacturing of plastic pipes in India and internationally.

Acrow India

Market Cap: ₹450.8m

Offers cotton, clothing, yarn textiles.

DRA Consultants

Market Cap: ₹228.1m

Provides engineering consultancy services for urban and rural development, and industrial utility sectors in India.

Konndor Industries

Market Cap: ₹104.6m

Engages in the trading and marketing of paper products in India.

Yash Highvoltage

Market Cap: ₹13.6b

Manufactures and sells high voltage and high current transformer bushings in India and internationally.

Roni Households

Market Cap: ₹782.7m

Trades in plastic granules and plastic household products in India.

AXISCADES Technologies

Market Cap: ₹71.1b

Operates as an engineering solutions company in Europe, the United States, the Asia Pacific, and Canada.

Balmer Lawrie

Market Cap: ₹36.0b

Engages in industrial packaging, greases and lubricants, chemicals, travel and vacations, logistic services and infrastructure, cold chain and refinery and oil field, businesses in India and internationally.

Rail Vikas Nigam

Market Cap: ₹724.9b

Engages in rail infrastructure works in India and internationally.

Electro Force (India)

Market Cap: ₹941.9m

Designs and manufactures electrical components, and metal/plastic contact parts in India.

Jayant Infratech

Market Cap: ₹775.3m

Operates in the railway infrastructure development in India.

Ashish Polyplast

Market Cap: ₹135.9m

Manufactures and sells PVC pipes in India.

Balmer Lawrie Investments

Market Cap: ₹17.6b

Engages in the industrial packaging, logistic and infrastructure, refinery and oil field, and travel and vacation businesses in India.

Blue Star

Market Cap: ₹396.2b

Operates as a heating, ventilation, air conditioning, and commercial refrigeration (HVAC&R) company in India.

Polycab India

Market Cap: ₹1.1t

Manufactures and sells wires and cables under the POLYCAB brand in India and internationally.

UR Sugar Industries

Market Cap: ₹248.9m

Provides engages in the trading of securities in India.

Mazagon Dock Shipbuilders

Market Cap: ₹1.2t

Engages in the building and repairing of ships, submarines, vessels, and related engineering products in India and internationally.

Modern Insulators

Market Cap: ₹6.1b

Manufactures and sells porcelain insulators in India and internationally.