Indian Undervalued Stocks Based On Cash Flows

Hindustan Foods

Market Cap: ₹67.3b

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

NOCIL

Market Cap: ₹31.6b

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

Senores Pharmaceuticals

Market Cap: ₹24.9b

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

Hindware Home Innovation

Market Cap: ₹16.7b

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

Elin Electronics

Market Cap: ₹7.1b

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: ₹17.8b

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

Apollo Pipes

Market Cap: ₹17.3b

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

S H Kelkar

Market Cap: ₹28.1b

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

J.K. Cement

Market Cap: ₹390.7b

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

Borosil

Market Cap: ₹40.4b

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

Thomas Cook (India)

Market Cap: ₹67.3b

Offers integrated travel services in India and internationally.

Quess

Market Cap: ₹51.4b

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

Graphite India

Market Cap: ₹94.9b

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

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.

Usha Martin

Market Cap: ₹95.3b

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

Krsnaa Diagnostics

Market Cap: ₹26.1b

Provides diagnostic services in India.

Sterling and Wilson Renewable Energy

Market Cap: ₹72.1b

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

Tata Communications

Market Cap: ₹448.5b

Provides telecommunications services worldwide.

EFC (I)

Market Cap: ₹27.0b

Engages in real estate leasing business in India.

Sterlite Technologies

Market Cap: ₹42.6b

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

NCL Industries

Market Cap: ₹9.6b

Manufactures and sells building materials in India.

DCB Bank

Market Cap: ₹40.3b

Provides various banking and financial products and services in India.

Capital Small Finance Bank

Market Cap: ₹13.8b

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

GRP

Market Cap: ₹15.4b

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

Varroc Engineering

Market Cap: ₹67.0b

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: ₹152.9b

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

EPL

Market Cap: ₹63.7b

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

Dwarikesh Sugar Industries

Market Cap: ₹7.7b

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

Mahindra Lifespace Developers

Market Cap: ₹50.6b

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

Flair Writing Industries

Market Cap: ₹26.8b

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

S.J.S. Enterprises

Market Cap: ₹29.6b

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

Macrotech Developers

Market Cap: ₹1.3t

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

Lumax Auto Technologies

Market Cap: ₹37.2b

Manufactures and sells in automotive components in India.

TeamLease Services

Market Cap: ₹31.3b

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

PDS

Market Cap: ₹57.3b

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