Indian Capital Goods Strong Balance Sheet Stocks

PIX Transmissions

Market Cap: ₹19.6b

Manufactures and sells belts and related mechanical power transmissions products in India and internationally.

Hitachi Energy India

Market Cap: ₹857.9b

Offers products, projects, and services for electricity transmission and related activities in India and internationally.

Paramount Communications

Market Cap: ₹13.9b

Engages in the manufacture and sale of wires and cables in India.

Honda India Power Products

Market Cap: ₹28.8b

Engages in the manufacture, marketing, and sale of portable generators, water pumps, general purpose engines, lawn mowers, brush cutters, hand tools, portable gensets, tillers, and marine engines in India and internationally.

Panasonic Carbon India

Market Cap: ₹2.4b

Manufactures and sells carbon rods as a component of dry cell batteries to battery manufacturers in India and internationally.

Waaree Renewable Technologies

Market Cap: ₹108.5b

Engages in the generation of power through renewable energy sources in India.

Worldwide Aluminium

Market Cap: ₹76.3m

Engages in the trading of aluminum coils and related items in India.

Cenlub Industries

Market Cap: ₹1.5b

An engineering company, designs, engineers, manufactures, supplies, installs, and erects lubrication systems for various machines, plants, and equipment in India.

ESAB India

Market Cap: ₹76.7b

Manufactures and sells welding and cutting equipment and consumables in India and internationally.

G G Engineering

Market Cap: ₹1.0b

Engages in the trading of iron and steel metals in India.

Astral

Market Cap: ₹377.4b

Engages in the manufacture and marketing of pipes and fittings, water tanks, and adhesives and sealants in India and internationally.

Kalyani Cast-Tech

Market Cap: ₹4.1b

Engages in the manufacturing of container, class of foundry, casting of steel and iron, and railway parts in India.

Advait Energy Transitions

Market Cap: ₹19.7b

Provides products and solutions for power transmission, substation, and telecommunication infrastructure sectors in India and internationally.

Sathlokhar Synergys E&C Global

Market Cap: ₹11.6b

Operates as an integrated engineering, procurement, construction, and infra turnkey contracting company in India.

Diffusion Engineers

Market Cap: ₹13.7b

Manufactures and sells welding consumables, wear plates and parts, and heavy engineering equipment for various industries in India and internationally.

Filtra Consultants and Engineers

Market Cap: ₹777.9m

Engages in the manufacture and trading of water treatment systems in India.

Deccan Bearings

Market Cap: ₹2.2b

Engages in the trading of bearings in India and internationally.

Integra Switchgear

Market Cap: ₹469.1m

Engages in the manufacture and sale of electrical switches and other electrical products in India.

Afloat Enterprises

Market Cap: ₹187.1m

Primarily engages in the manufacture, production, procurement, conversion, buying, sale, and trading of iron and steel products in India.

Shantidoot Infra Services

Market Cap: ₹581.7m

Operates as an integrated construction and real estate development company in India.

John Cockerill India

Market Cap: ₹27.0b

Engages in design, engineering, manufacturing, and installation of cold rolling mill complexes, processing lines, and chemical and thermal treatment in India, Belgium, Spain, and internationally.

Shanthi Gears

Market Cap: ₹42.0b

Designs, manufactures, supplies, and services gears and gear boxes in India, the United States, Europe, and internationally.

Garware Marine Industries

Market Cap: ₹160.2m

Provides ship repair services in India.

Stovec Industries

Market Cap: ₹4.6b

Engages in the manufacturing and sale of textile machinery and consumables in India and internationally.

Transformers and Rectifiers (India)

Market Cap: ₹152.4b

Manufactures and sells transformers in India.

LMW

Market Cap: ₹163.5b

Manufactures and sells textile spinning machinery in India and internationally.

Bharat Bijlee

Market Cap: ₹35.8b

Operates as an electrical engineering company in India and internationally.

Elecon Engineering

Market Cap: ₹131.1b

Manufactures and sells Industrial Gears and Material Handling Equipment in India and internationally.

Kalpataru Projects International

Market Cap: ₹212.8b

Provides engineering, procurement, and construction (EPC) services for power transmission and distribution, buildings and factories, water, railways, oil and gas, and urban infrastructure sectors in India and internationally.

APAR Industries

Market Cap: ₹349.1b

Engages in the electrical and metallurgical engineering business in India and internationally.

Veto Switchgears and Cables

Market Cap: ₹2.2b

Engages in the manufacture and sale of wires and cables, and electrical accessories in India and internationally.

Cummins India

Market Cap: ₹1.1t

Engages in the design, manufacture, distribution, and service of engines, generator sets, and related technologies in India, Nepal, and Bhutan.

Fabtech Technologies Cleanrooms

Market Cap: ₹4.6b

Manufactures and sells design-to-validation solutions of pre-engineered and pre-fabricated modular panels and doors for building cleanrooms in India and internationally.

Electrosteel Castings

Market Cap: ₹59.4b

Manufactures and supplies ductile iron (DI) pipes, ductile iron fittings (DIF) and accessories, and cast iron (CI) pipes in India and internationally.

Rajoo Engineers

Market Cap: ₹15.7b

Engages in the manufacture and sale of plastic processing machineries and post extrusion equipment in India and internationally.

Bharat Dynamics

Market Cap: ₹574.2b

Manufactures and sells guided missiles, underwater weapons, air-borne products, and allied defense equipment in India.