Indian Materials Strong Balance Sheet Stocks

Umiya Tubes

Market Cap: ₹318.6m

Engages in the business of manufacturing and dealing in tungsten-based products parts and tools in India.

Gujarat State Fertilizers & Chemicals

Market Cap: ₹64.0b

Produces and sells fertilizers and chemicals in India.

MOIL

Market Cap: ₹51.5b

Engages in the exploration, development, and marketing of various grades of manganese ores in India and Internationally.

ELANTAS Beck India

Market Cap: ₹91.9b

Manufactures and sells specialty chemicals for the electrical insulation and construction industries in India.

Sambhv Steel Tubes

Market Cap: ₹38.7b

Manufactures and sells electric resistance welded steel pipes, structural tubes, and stainless-steel coils in India.

Vidhi Specialty Food Ingredients

Market Cap: ₹15.9b

Engages in the manufacture and trading of synthetic food colors.

Patel Chem Specialities

Market Cap: ₹2.4b

Manufactures and sells cellulose-based excipients.

M P K Steels (I)

Market Cap: ₹977.4m

Manufactures and sells structural steel products.

3B Blackbio Dx

Market Cap: ₹9.8b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

Kansai Nerolac Paints

Market Cap: ₹162.8b

Engages in the manufacture and supply paints, varnishes, enamels, and lacquers in India.

Usha Martin

Market Cap: ₹150.9b

Manufactures and sells steel wires, strands, wire ropes, wire drawing and allied machine, cord, and related accessories in India and internationally.

Mayur Uniquoters

Market Cap: ₹33.8b

Engages in the manufacture and sale of coated textile fabrics in India, the United States, South Africa, and internationally.

Alkyl Amines Chemicals

Market Cap: ₹98.4b

Manufactures and supplies amines, amine derivatives, and other specialty chemicals in India and internationally.

Vishnu Chemicals

Market Cap: ₹42.1b

Engages in the manufacture and sale of chromium chemicals in India and internationally.

GSP Crop Science

Market Cap: ₹27.5b

Manufactures and supplies crop protection solutions in India and internationally.

Sunshield Chemicals

Market Cap: ₹11.0b

Manufactures and sells specialty chemicals in India and internationally.

Maharashtra Seamless

Market Cap: ₹81.9b

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

Polychem

Market Cap: ₹760.5m

Together with its subsidiary, manufactures and sells polymers and co-polymers in India, the United Kingdom, the United States, the Netherlands, Germany, Japan, and Hungary.

Midwest

Market Cap: ₹41.7b

Engages in the exploration, exploitation, manufacturing, processing, and selling of dressed granite blocks and slabs in India and internationally.

Indsil Hydro Power and Manganese

Market Cap: ₹1.1b

Manufactures and sells low/medium/high carbon silico manganese alloys in India and internationally.

Surya Roshni

Market Cap: ₹47.5b

Manufactures and sells steel pipes and strips, and lighting and consumer durables in India.

Monolithisch India

Market Cap: ₹21.9b

Manufactures, trades in, and supplies ramming mass in India and Nepal.

Haryana Leather Chemicals

Market Cap: ₹296.5m

Manufactures and sells various performance chemicals for use in leather processing, footwear finishing, textile printing, pressure sensitive adhesives, and PVC additives in India and internationally.

Ramco Industries

Market Cap: ₹30.7b

Engages in the building products, textiles, and power generation businesses in India.

SPEB Adhesives

Market Cap: ₹2.0b

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

Tirupati Forge

Market Cap: ₹7.9b

Produces and sells carbon steel forged flanges, forged, and other automotive components in India.

Greenpanel Industries

Market Cap: ₹19.7b

Engages in the manufacturing and sale of plywood, medium density fibre board (MDF), and allied products under the Greenpanel brand name in India and internationally.

NCL Industries

Market Cap: ₹7.9b

Manufactures and sells building materials in India.

Archean Chemical Industries

Market Cap: ₹61.7b

Manufactures and sells specialty marine chemicals in India and internationally.

Aeroflex Industries

Market Cap: ₹62.9b

Manufactures and sells stainless steel flexible hose, assemblies, and fittings in India.

Elegant Marbles and Grani Industries

Market Cap: ₹502.7m

Manufactures and trades in marbles, and other stones tiles and slabs in India.

Bharat Rasayan

Market Cap: ₹21.7b

Engages in the manufacture and sale of technical grade pesticides and intermediates in India.

Uni Abex Alloy Products

Market Cap: ₹9.0b

Uni Abex Alloy Products Limited manufacturers and exports centrifugal and static castings in heat, corrosion, and wear resistant stainless-steel alloys in India, Europe, the United States, and internationally.

Technichem Organics

Market Cap: ₹779.5m

Manufactures and trades chemicals in India and internationally.

Hindustan Copper

Market Cap: ₹541.7b

Engages in the exploration, exploitation, and mining of copper and copper ores in India.

MFS Intercorp

Market Cap: ₹58.5m

Focuses on processing, trading, and allied steel-related activities in India.