Indian Undervalued Stocks Based On Cash Flows

Borosil

Market Cap: ₹37.6b

Manufactures, sells, and trades in consumer ware products in India.

Barbeque-Nation Hospitality

Market Cap: ₹12.1b

Owns and operates a chain of casual dining restaurants under the Barbeque-Nation brand name in India, the United Arab Emirates, Oman, Malaysia, and Bahrain.

Hindware Home Innovation

Market Cap: ₹15.5b

Engages in the manufacturing, selling and trading of building products, consumer appliances, and retail business in India.

S H Kelkar

Market Cap: ₹26.5b

Manufactures and supplies fragrances, flavors, and aroma ingredients in India.

NIIT

Market Cap: ₹17.4b

Engages in providing learning and knowledge solutions to individuals, enterprises, and various institutions worldwide.

Elin Electronics

Market Cap: ₹6.9b

Provides design and manufacturing services for electric motors, tools, moulds, dies, kitchen appliances, personal care and lighting products, and automotive components in India and internationally.

Apollo Pipes

Market Cap: ₹17.0b

Manufactures and trades in polyvinyl chloride (PVC) pipes and fittings in India.

Quess

Market Cap: ₹49.9b

Operates as a business services provider in India, South East Asia, the Middle East, and North America.

Krsnaa Diagnostics

Market Cap: ₹22.8b

Provides diagnostic services in India.

Adani Energy Solutions

Market Cap: ₹1.0t

Generates, transmits, and distributes power in India.

Sterlite Technologies

Market Cap: ₹30.1b

Together with its subsidiaries manufactures and sells telecom products in India and internationally.

Jana Small Finance Bank

Market Cap: ₹51.0b

Provides various banking products and services to individuals and enterprises in India.

Jindal Steel & Power

Market Cap: ₹868.2b

Operates in the steel, mining, and infrastructure sectors in India and internationally.

E.I.D.- Parry (India)

Market Cap: ₹148.5b

Engages in the manufacture and sale of sugar, nutraceuticals, and distillery products in India, North America, Europe, and internationally.

Solara Active Pharma Sciences

Market Cap: ₹24.1b

Manufactures, produces, processes, formulates, sells, imports, exports, merchandises, distributes, trades in, and deals in active pharmaceutical ingredients (API) in India, Asia Pacific, Europe, North America, South America, and internationally.

Strides Pharma Science

Market Cap: ₹58.5b

Develops, manufactures, and sells pharmaceutical products in Africa, Australia, North America, Europe, Asia, India, and internationally.

J.K. Cement

Market Cap: ₹390.8b

Manufactures and sells cement and its related products under the J.K.

EFC (I)

Market Cap: ₹26.3b

Engages in real estate leasing business in India.

GRP

Market Cap: ₹14.6b

Manufactures and sells reclaimed rubber products for tyre and non-tyre rubber goods in India and internationally.

NIIT Learning Systems

Market Cap: ₹48.8b

Offers managed training services in India, America, Europe, and internationally.

Allied Digital Services

Market Cap: ₹10.1b

Designs, develops, deploys, and delivers end-to-end IT infrastructure services and digital solutions in India, the United States, the United kingdom, and internationally.

NCL Industries

Market Cap: ₹9.3b

Manufactures and sells building materials in India.

Dwarikesh Sugar Industries

Market Cap: ₹7.1b

Engages in the manufacture and sale of sugar and ethanol in India and internationally.

PG Electroplast

Market Cap: ₹235.1b

Provides electronic manufacturing services for original equipment and design manufacturers in India and internationally.

VA Tech Wabag

Market Cap: ₹80.4b

Engages in the design, supply, installation, construction, operation, and maintenance of drinking water, waste and industrial water treatment, and desalination plants in India and internationally.

Allied Blenders and Distillers

Market Cap: ₹89.0b

Produces and sells alcoholic beverages in India and internationally.

Varroc Engineering

Market Cap: ₹70.3b

Designs, manufactures, and supplies exterior lighting systems, plastic and polymer components, electrical and electronics components, advanced safety systems, and precision metallic components worldwide.

Time Technoplast

Market Cap: ₹71.4b

Engages in manufacture and sale of polymer and composite products in India and internationally.

Aarti Industries

Market Cap: ₹162.3b

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

Aurum PropTech

Market Cap: ₹17.5b

Engages in the business of software development for the real estate and other services in India.

Updater Services

Market Cap: ₹18.8b

Operates an integrated business services platform in India.

KDDL

Market Cap: ₹31.8b

Engages in the manufacturing and sale of watch dials and hands, and precision engineering components in India and internationally.

Zen Technologies

Market Cap: ₹120.9b

Together with its subsidiary, designs, develops, manufactures, and sells training simulators in India and internationally.

Jindal Stainless

Market Cap: ₹484.6b

Manufactures and sells stainless-steel flat products in India and internationally.

Artemis Medicare Services

Market Cap: ₹32.8b

Engages in the management and operation of multi specialty hospitals in India and internationally.

Lumax Auto Technologies

Market Cap: ₹38.6b

Manufactures and sells in automotive components in India.