Indian Undervalued Stocks Based On Cash Flows

NOCIL

Market Cap: ₹30.7b

Engages in the manufacture and sale of rubber chemicals for tire and other rubber processing industries in India and internationally.

Senores Pharmaceuticals

Market Cap: ₹23.8b

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

Apollo Pipes

Market Cap: ₹16.5b

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

Hindware Home Innovation

Market Cap: ₹16.3b

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

Borosil

Market Cap: ₹38.1b

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

Dalmia Bharat

Market Cap: ₹368.7b

Manufactures and sells clinker and cement products primarily in India.

Vedanta

Market Cap: ₹1.6t

A diversified natural resources company, explores, extracts, and processes minerals, and oil and gas in India, Europe, China, the United States, Mexico, and internationally.

S H Kelkar

Market Cap: ₹28.4b

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

NIIT

Market Cap: ₹18.4b

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

Elin Electronics

Market Cap: ₹7.5b

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: ₹66.6b

Offers integrated travel services in India and internationally.

J.K. Cement

Market Cap: ₹405.1b

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

Graphite India

Market Cap: ₹90.2b

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

Sterlite Technologies

Market Cap: ₹33.3b

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

Quess

Market Cap: ₹52.2b

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

Usha Martin

Market Cap: ₹91.0b

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

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.

Krsnaa Diagnostics

Market Cap: ₹24.7b

Provides diagnostic services in India.

Strides Pharma Science

Market Cap: ₹60.2b

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

EFC (I)

Market Cap: ₹27.4b

Engages in real estate leasing business in India.

Capital Small Finance Bank

Market Cap: ₹13.1b

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

GRP

Market Cap: ₹14.9b

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

DCB Bank

Market Cap: ₹39.9b

Provides various banking and financial products and services in India.

NCL Industries

Market Cap: ₹9.5b

Manufactures and sells building materials in India.

Zen Technologies

Market Cap: ₹127.9b

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

Varroc Engineering

Market Cap: ₹68.1b

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

EPL

Market Cap: ₹61.9b

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

Aarti Industries

Market Cap: ₹155.5b

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

Dwarikesh Sugar Industries

Market Cap: ₹7.5b

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

VA Tech Wabag

Market Cap: ₹85.1b

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.

PG Electroplast

Market Cap: ₹246.7b

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

Mahindra Lifespace Developers

Market Cap: ₹52.4b

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

PDS

Market Cap: ₹55.1b

Together its subsidiaries, designs, develops, sources, manufactures, markets, and distributes various readymade garments and other consumer products worldwide.

Lumax Auto Technologies

Market Cap: ₹36.5b

Manufactures and sells in automotive components in India.

ITD Cementation India

Market Cap: ₹89.0b

Provides construction and civil engineering contracting services in India.

Laxmi Organic Industries

Market Cap: ₹102.4b

Provides acetyl and specialty intermediate products in India and internationally.