Indian Undervalued Stocks Based On Cash Flows

Elin Electronics

Market Cap: ₹6.8b

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.

Thomas Cook (India)

Market Cap: ₹61.1b

Offers integrated travel services in India and internationally.

Senores Pharmaceuticals

Market Cap: ₹25.5b

Develops, manufactures, and sells, pharmaceutical products in India, the United States, Canada, and internationally.

Borosil

Market Cap: ₹39.0b

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

J.K. Cement

Market Cap: ₹382.7b

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

Sterling and Wilson Renewable Energy

Market Cap: ₹58.6b

Engages in the provision of engineering, procurement, and construction (EPC) services to solar power projects.

Apollo Pipes

Market Cap: ₹17.3b

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

Graphite India

Market Cap: ₹88.3b

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

EFC (I)

Market Cap: ₹23.0b

Engages in real estate leasing business in India.

Krsnaa Diagnostics

Market Cap: ₹24.2b

Provides diagnostic services in India.

Solara Active Pharma Sciences

Market Cap: ₹24.5b

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.

Usha Martin

Market Cap: ₹93.2b

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

Capital Small Finance Bank

Market Cap: ₹12.3b

Provides a range of banking and financial products and services for individuals and businesses in India.

Tata Communications

Market Cap: ₹445.8b

Provides telecommunications services worldwide.

Sterlite Technologies

Market Cap: ₹39.8b

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

Sudarshan Chemical Industries

Market Cap: ₹79.4b

Manufactures and sells organic, inorganic, effect pigments, and dispersions in India, the United States, Europe, China, Mexico, Japan, and internationally.

DCB Bank

Market Cap: ₹37.1b

Provides various banking and financial products and services in India.

NCL Industries

Market Cap: ₹8.8b

Manufactures and sells building materials in India.

Varroc Engineering

Market Cap: ₹62.2b

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

Aarti Industries

Market Cap: ₹138.9b

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

GRP

Market Cap: ₹15.2b

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

Dwarikesh Sugar Industries

Market Cap: ₹7.0b

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

EPL

Market Cap: ₹59.1b

Manufactures and sells plastic packaging materials in the form of multilayer collapsible tubes, corrugated boxes, and laminates.

Mahindra Lifespace Developers

Market Cap: ₹45.6b

Engages in the real estate and infrastructure development business in India.

Macrotech Developers

Market Cap: ₹1.1t

Through its subsidiaries, engages in the development of real estate properties in India.

Flair Writing Industries

Market Cap: ₹24.5b

Manufactures and sells writing instruments, stationeries, and other allied products in India and internationally.

JNK India

Market Cap: ₹18.3b

A heating equipment company, engages in designing, engineering, manufacturing, fabricating, procurement, erection, supplying, installing, and commissioning of process fired heaters, reformers, and cracking furnaces in India and internationally.

S.J.S. Enterprises

Market Cap: ₹27.2b

Designs, develops, manufactures, sells, and exports decorative aesthetics primarily to automotive and consumer appliance industries in India and internationally.

Lumax Auto Technologies

Market Cap: ₹35.1b

Manufactures and sells in automotive components in India.

Archean Chemical Industries

Market Cap: ₹74.2b

Manufactures and sells specialty marine chemicals in India and internationally.

VA Tech Wabag

Market Cap: ₹87.2b

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.

KDDL

Market Cap: ₹32.1b

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

TeamLease Services

Market Cap: ₹30.3b

Engages in human resource services to various industries in India and internationally.

Supreme Petrochem

Market Cap: ₹115.3b

Manufactures and sells polystyrene, expandable polystyrene, masterbatches and compounds of styrenics, other polymers, and extruded polystyrene insulation board in India and internationally.

ITD Cementation India

Market Cap: ₹90.2b

Provides construction and civil engineering contracting services in India.

Allied Digital Services

Market Cap: ₹10.5b

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