Indian Undervalued Stocks Based On Cash Flows

Sri Lotus Developers and Realty

Market Cap: ₹74.5b

Develops residential and commercial premises in Mumbai.

Apollo Pipes

Market Cap: ₹12.0b

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

Sheela Foam

Market Cap: ₹56.3b

Engages in the manufacture and sale of polyurethane foams and mattresses in India and internationally.

Indoco Remedies

Market Cap: ₹19.4b

Manufactures and markets formulations and active pharmaceutical ingredients in India and internationally.

Vikram Solar

Market Cap: ₹71.1b

Manufactures and sells solar photovoltaic modules/systems in India and internationally.

Krsnaa Diagnostics

Market Cap: ₹23.2b

Provides diagnostic services in India.

Knowledge Marine & Engineering Works

Market Cap: ₹38.7b

Engages in the ownership, operation, and chartering/hiring of marine crafts in India.

Landmark Cars

Market Cap: ₹14.5b

Engages in the automotive retail business in India.

Mahindra Logistics

Market Cap: ₹28.8b

Provides integrated logistics and mobility solutions in India and internationally.

NHPC

Market Cap: ₹755.9b

Engages in the generation, sale, and trading of electricity through hydro, wind, and solar power stations in India and Nepal.

Graphite India

Market Cap: ₹119.2b

Manufactures and sells graphite electrodes, and carbon and graphite specialty products in India and internationally.

DCX Systems

Market Cap: ₹17.8b

Manufactures and sells electronic systems and cable harnesses in India and Internationally.

Imagicaaworld Entertainment

Market Cap: ₹28.9b

Engages in the development and operation of theme-based entertainment destinations in India.

Strides Pharma Science

Market Cap: ₹73.4b

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

Hindustan Foods

Market Cap: ₹53.9b

Engages in the business of contract manufacturing of fast moving consumer goods in India and internationally.

Amber Enterprises India

Market Cap: ₹195.7b

Provides room air conditioner solutions in India.

Midwest

Market Cap: ₹45.8b

Engages in the exploration, mining, processing, marketing, distribution, and export of natural stones in India and internationally.

Utkarsh Small Finance Bank

Market Cap: ₹24.1b

Provides banking and financial services for individuals and businesses in India.

Globus Spirits

Market Cap: ₹26.5b

Manufactures and sells bulk alcohol and alcoholic products in India and internationally.

Inox Wind

Market Cap: ₹179.0b

Engages in the manufacture and sale of wind turbine generators and components for independent power producers, utilities, public sector undertakings, businesses, and private investors in India.

Transrail Lighting

Market Cap: ₹61.7b

An engineering, procurement, and construction (EPC) company, engages in the designing, manufacturing, testing, installation, and supply of galvanized steel structures and conductors for power transmission and distribution in India and internationally.

Surya Roshni

Market Cap: ₹51.5b

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

Deepak Nitrite

Market Cap: ₹211.5b

Manufactures, trades and sells chemical intermediates in India and internationally.

Prataap Snacks

Market Cap: ₹25.9b

Manufactures and sells packaged snacks in India and internationally.

Aurum PropTech

Market Cap: ₹11.7b

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

Solara Active Pharma Sciences

Market Cap: ₹25.0b

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.

S H Kelkar

Market Cap: ₹19.7b

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

Kolte-Patil Developers

Market Cap: ₹31.6b

Operates as a real estate development company in India.

Quess

Market Cap: ₹29.2b

Provides staffing and workforce solutions in India and internationally.

Jindal Steel

Market Cap: ₹1.1t

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

InterGlobe Aviation

Market Cap: ₹1.8t

Provides air transportation services under the IndiGo brand in India and internationally.

Indian Metals and Ferro Alloys

Market Cap: ₹59.7b

Engages in the production and sale of ferro chrome in India and internationally.

Precision Wires India

Market Cap: ₹39.3b

Manufactures and sells insulated enamelled winding wires and other insulated electric conductors in India and internationally.

Jeena Sikho Lifecare

Market Cap: ₹85.0b

Trades in ayurvedic medicines in India.

M & B Engineering

Market Cap: ₹17.1b

An engineering company, engages in the design, manufacturing, and installation of pre-engineered metal buildings, self-supported steel roofing, and complex steel components.

SIS

Market Cap: ₹45.4b

Provides security and related services in India, Australia, Singapore, and New Zealand.