Indian Materials Strong Balance Sheet Stocks

Insecticides (India)

Market Cap: ₹22.2b

Manufactures and sells agrochemicals, pesticides, and technical products in India and internationally.

Gallantt Ispat

Market Cap: ₹158.3b

Engages in manufacture and sale of iron and steel products in India.

Polychem

Market Cap: ₹974.6m

Together with its subsidiary, engages in the specialty chemicals and property development businesses in India and internationally.

Aeroflex Industries

Market Cap: ₹23.3b

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

Laxmi Organic Industries

Market Cap: ₹57.8b

Manufactures and trades acetyl intermediates and specialty chemicals in India and internationally.

Vishnu Chemicals

Market Cap: ₹31.8b

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

Archean Chemical Industries

Market Cap: ₹85.5b

Manufactures and sells specialty marine chemicals in India and internationally.

Alkyl Amines Chemicals

Market Cap: ₹100.7b

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

ELANTAS Beck India

Market Cap: ₹76.4b

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

Maharashtra Seamless

Market Cap: ₹80.0b

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

Surya Roshni

Market Cap: ₹62.5b

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

Elegant Marbles and Grani Industries

Market Cap: ₹692.3m

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

Dai-ichi Karkaria

Market Cap: ₹2.1b

Manufactures and sells specialty chemicals in India and internationally.

Nitin Castings

Market Cap: ₹2.9b

Manufactures, sells, and exports alloy steel castings in India and internationally.

Indsil Hydro Power and Manganese

Market Cap: ₹1.3b

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

Bharat Rasayan

Market Cap: ₹41.3b

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

Garg Furnace

Market Cap: ₹851.5m

Manufactures and trades in iron and steel products in India.

Hind Aluminium Industries

Market Cap: ₹408.6m

Manufactures and sells aluminium wire rods and conductors in India.

Gujarat State Fertilizers & Chemicals

Market Cap: ₹78.7b

Produces and sells fertilizers and chemicals in India.

Supreme Industries

Market Cap: ₹537.9b

Engages in the manufacture and sale of plastic products in India.

Rajratan Global Wire

Market Cap: ₹16.5b

Engages in manufacturing and sale of tyre bead wires in India and Thailand.

Uni Abex Alloy Products

Market Cap: ₹6.4b

Produces and sells centrifugal and static castings, and assemblies in heat and corrosion resistant alloys in India and internationally.

3B Blackbio Dx

Market Cap: ₹11.7b

Engages in the design, development, manufacturing, and commercialization of agrochemicals and PCR based molecular diagnostic kits in India.

Usha Martin

Market Cap: ₹136.7b

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

Ruchira Papers

Market Cap: ₹4.2b

Manufactures and markets kraft paper, and writing and printing paper products in India and internationally.

Ramco Industries

Market Cap: ₹31.0b

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

MOIL

Market Cap: ₹72.0b

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

Camex

Market Cap: ₹398.0m

Manufactures, imports, exports, and trades in dyes, chemicals, intermediates, fiber glasses, metals, coal minerals, and others in India and internationally.

NCL Industries

Market Cap: ₹9.1b

Manufactures and sells building materials in India.

Srivasavi Adhesive Tapes

Market Cap: ₹822.8m

Engages in the manufacture and sale of various adhesive tapes, die-cuts, and labels in India and internationally.

Monolithisch India

Market Cap: ₹10.4b

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

Dalmia Bharat

Market Cap: ₹415.5b

Manufactures and sells cement and its related products primarily in India.

Mayur Uniquoters

Market Cap: ₹22.2b

Engages in the manufacture and sale of coated textile fabrics in India and internationally.

Indigo Paints

Market Cap: ₹52.0b

Manufactures and sells decorative paints in India and internationally.

Kansai Nerolac Paints

Market Cap: ₹199.3b

Manufactures and supplies paints, varnishes, enamels, and lacquers in India.

Arabian Petroleum

Market Cap: ₹801.7m

Manufactures and sells lubricants primarily in India.