Indian Undervalued based on future growth

Oil and Natural Gas

Market Cap: ₹3.1t

Engages in the exploration, development, production, and distribution of crude oil, natural gas, and value-added products in India and internationally.

Vedanta

Market Cap: ₹2.1t

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

Tata Motors Passenger Vehicles

Market Cap: ₹1.4t

Designs, develops, manufactures, and sells various automotive vehicles.

Housing and Urban Development

Market Cap: ₹455.4b

Provides loans and financing for housing and urban development projects in India.

Bank of Maharashtra

Market Cap: ₹446.2b

Provides various banking products and services in India.

Bandhan Bank

Market Cap: ₹249.0b

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

IIFL Finance

Market Cap: ₹232.7b

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

E.I.D.- Parry (India)

Market Cap: ₹182.1b

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

ACME Solar Holdings

Market Cap: ₹151.6b

A solar independent power producing company, engages in developing, building, owning, operating, and maintaining utility scale grid connected solar power projects in India.

Welspun Living

Market Cap: ₹133.1b

Manufactures and sells home textile products in India and internationally.

Jindal Saw

Market Cap: ₹107.7b

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

Ujjivan Small Finance Bank

Market Cap: ₹100.4b

Provides various banking and financial services in India.

South Indian Bank

Market Cap: ₹99.4b

Provides various banking products and services in India.

Zee Entertainment Enterprises

Market Cap: ₹96.5b

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

Strides Pharma Science

Market Cap: ₹87.0b

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

Kirloskar Ferrous Industries

Market Cap: ₹78.0b

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

Power Mech Projects

Market Cap: ₹76.4b

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

CSB Bank

Market Cap: ₹74.2b

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

MOIL

Market Cap: ₹72.5b

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

Karnataka Bank

Market Cap: ₹65.8b

Provides various banking and financial services in India.

JK Paper

Market Cap: ₹64.5b

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

Surya Roshni

Market Cap: ₹59.8b

Manufactures and sells steel pipes and strips, and lighting and consumer durables in India.

H.G. Infra Engineering

Market Cap: ₹58.4b

Engages in the engineering, procurement, and construction (EPC) business in India.

DCB Bank

Market Cap: ₹56.4b

Provides various banking and financial products and services in India.

Fedbank Financial Services

Market Cap: ₹54.4b

A non-banking finance company (NBFC), provides financing services to individuals and businesses in India.

AGI Greenpac

Market Cap: ₹51.0b

Operates as a packaging products company in India and the United Arab Emirates.

Jana Small Finance Bank

Market Cap: ₹48.9b

Provides banking and financial services to individuals and enterprises in India.

Gujarat Ambuja Exports

Market Cap: ₹47.4b

Primarily engages in the agro processing activities in India and internationally.

J. Kumar Infraprojects

Market Cap: ₹46.5b

Engages in the construction business in India.

Route Mobile

Market Cap: ₹43.6b

Provides cloud-communication platform solutions to enterprises, over-the-top service providers, and mobile network operators in India and internationally.

Balaji Amines

Market Cap: ₹39.8b

Engages in the manufacture and sale of methylamines, ethylamines, and derivatives of specialty chemicals and pharma excipients in India.

Sanathan Textiles

Market Cap: ₹39.5b

Manufactures and sells yarn in India and internationally.

Steel Strips Wheels

Market Cap: ₹32.6b

Engages in the design, manufacture, and sale of automotive wheel rims and other auto components in India and internationally.

Man Industries (India)

Market Cap: ₹32.0b

Manufactures, processes, sells, and trades in submerged arc-welded pipes and steel products in India.

Paisalo Digital

Market Cap: ₹31.0b

A non-banking financial company, engages in providing loans through its financial products in India.

Pennar Industries

Market Cap: ₹30.4b

Operates as an engineering company in India and internationally.