Indian Undervalued based on future growth

Vedanta

Market Cap: ₹2.6t

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

Lloyds Metals and Energy

Market Cap: ₹701.7b

Manufactures and sells sponge iron and iron ore in India.

Steel Authority of India

Market Cap: ₹630.1b

A steel-making company, manufactures and sells iron and steel products in India and internationally.

Yes Bank

Market Cap: ₹583.0b

Engages in the provision of various banking and financial products and services in India.

UPL

Market Cap: ₹517.4b

Manufactures and sells pesticides, insecticides, and micronutrients in India, Brazil, the United States, the United Kingdom, and internationally.

Bandhan Bank

Market Cap: ₹255.2b

Provides banking and financial services for personal and business customers in India.

IIFL Finance

Market Cap: ₹201.2b

A non-banking financial company, provides financial services in India and internationally.

RBL Bank

Market Cap: ₹183.7b

Operates as a scheduled commercial bank in India.

Redington

Market Cap: ₹169.9b

Distributes information technology, mobility, and other technology products in India, the Middle East, Turkey, Africa, and South Asian countries.

Godawari Power & Ispat

Market Cap: ₹168.3b

Engages in the mining of iron ores in India.

Capri Global Capital

Market Cap: ₹163.6b

A non-banking financial company, provides financial services in India.

Brigade Enterprises

Market Cap: ₹157.4b

Engages in the provision of real estate development, leasing, and related services in India.

E.I.D.- Parry (India)

Market Cap: ₹141.3b

Engages in the manufacture and sale of sugar, nutraceuticals, and distillery products in India, North America, Europe, and internationally.

Inox Wind

Market Cap: ₹141.4b

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.

Jindal Saw

Market Cap: ₹120.5b

Engages in the manufacture and supply of iron and steel pipes, and pellets in India and internationally.

JK Tyre & Industries

Market Cap: ₹120.3b

Develops, manufactures, markets and distributes automotive tyres, tubes, flaps, and retreads in India, Mexico, and Internationally.

Graphite India

Market Cap: ₹117.2b

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

Deepak Fertilisers And Petrochemicals

Market Cap: ₹115.3b

Engages in the manufacture, trade, and sale of bulk chemicals in India.

Aptus Value Housing Finance India

Market Cap: ₹105.1b

Together with its subsidiary, Aptus Finance India Private Limited, provides housing finance solutions in India.

Five-Star Business Finance

Market Cap: ₹104.6b

Operates as a non-banking financial company in India.

Ujjivan Small Finance Bank

Market Cap: ₹102.0b

Provides various banking and financial services in India.

PCBL Chemical

Market Cap: ₹96.6b

Together with subsidiaries, produces, sells, and exports carbon black in India and internationally.

South Indian Bank

Market Cap: ₹94.1b

Provides various banking products and services in India.

NCC

Market Cap: ₹89.7b

Operates in the construction business in India and internationally.

Karnataka Bank

Market Cap: ₹87.5b

Provides various banking and financial services in India.

Strides Pharma Science

Market Cap: ₹83.3b

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

India Shelter Finance

Market Cap: ₹78.3b

Operates as a housing finance company in India.

Zee Entertainment Enterprises

Market Cap: ₹71.0b

Engages in broadcasting satellite television channels and digital media in India and internationally.

Vikram Solar

Market Cap: ₹68.2b

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

Genus Power Infrastructures

Market Cap: ₹67.6b

Provides smart metering solutions in India and internationally.

Indian Metals and Ferro Alloys

Market Cap: ₹66.0b

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

CSB Bank

Market Cap: ₹65.1b

Provides banking and financial services for small and medium enterprises, retail, and non-resident individuals in India.

Power Mech Projects

Market Cap: ₹62.1b

Provides services in power and infrastructure sectors in India and internationally.

MOIL

Market Cap: ₹59.5b

Engages in the exploration, development, and marketing of various grades of manganese ores in India and Internationally.

Kirloskar Ferrous Industries

Market Cap: ₹59.3b

Manufactures and sells iron castings, seamless tubes, and engineering steels in India and internationally.

JK Paper

Market Cap: ₹56.1b

Engages in the production and sale of paper products in India.