Indian Undervalued Stocks Based On Cash Flows

Strides Pharma Science

Market Cap: ₹64.4b

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

Barbeque-Nation Hospitality

Market Cap: ₹11.3b

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.

S H Kelkar

Market Cap: ₹24.6b

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

NOCIL

Market Cap: ₹30.6b

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

Elin Electronics

Market Cap: ₹6.6b

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.

NIIT

Market Cap: ₹17.0b

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

Vedanta

Market Cap: ₹1.7t

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

Thomas Cook (India)

Market Cap: ₹65.0b

Offers integrated travel services in India and internationally.

J.K. Cement

Market Cap: ₹386.3b

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

Sterling and Wilson Renewable Energy

Market Cap: ₹63.5b

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

Apollo Pipes

Market Cap: ₹17.8b

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

Borosil

Market Cap: ₹41.1b

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

Krsnaa Diagnostics

Market Cap: ₹25.3b

Provides diagnostic services in India.

Graphite India

Market Cap: ₹97.2b

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

Sterlite Technologies

Market Cap: ₹41.7b

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

Solara Active Pharma Sciences

Market Cap: ₹25.8b

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.

EFC (I)

Market Cap: ₹24.5b

Engages in real estate leasing business in India.

Sudarshan Chemical Industries

Market Cap: ₹78.5b

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

Usha Martin

Market Cap: ₹101.1b

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

Tata Communications

Market Cap: ₹464.9b

Provides telecommunications services worldwide.

NCL Industries

Market Cap: ₹8.7b

Manufactures and sells building materials in India.

DCB Bank

Market Cap: ₹36.9b

Provides various banking and financial products and services in India.

InterGlobe Aviation

Market Cap: ₹1.9t

Engages in the operation of IndiGo airline in India and internationally.

Capital Small Finance Bank

Market Cap: ₹12.7b

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

Aarti Industries

Market Cap: ₹144.3b

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

Sobha

Market Cap: ₹124.8b

Engages in the construction, development, sale, management, and operation of residential and commercial real estate under the Sobha brand primarily in India.

Godfrey Phillips India

Market Cap: ₹365.0b

Manufactures and sells cigarettes, chewing products, and tobacco products primarily in India and internationally.

Archean Chemical Industries

Market Cap: ₹67.5b

Manufactures and sells specialty marine chemicals in India and internationally.

Dwarikesh Sugar Industries

Market Cap: ₹7.4b

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

Varroc Engineering

Market Cap: ₹66.4b

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

Utkarsh Small Finance Bank

Market Cap: ₹26.9b

Provides banking and financial services in India.

Nucleus Software Exports

Market Cap: ₹21.6b

Provides lending and transaction banking products to the financial services industry in India, the Far East, South East Asia, Europe, the Middle East, Africa, Australia, and internationally.

GRP

Market Cap: ₹16.4b

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

S.J.S. Enterprises

Market Cap: ₹28.3b

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

JNK India

Market Cap: ₹19.7b

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.

VA Tech Wabag

Market Cap: ₹89.5b

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.