Indian Materials Undervalued based on future growth

Hindalco Industries

Market Cap: ₹2.1t

Manufactures and distributes aluminum and copper products in India and internationally.

Jindal Saw

Market Cap: ₹166.3b

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

E.I.D.- Parry (India)

Market Cap: ₹131.9b

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

Kirloskar Ferrous Industries

Market Cap: ₹76.6b

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

Indian Metals and Ferro Alloys

Market Cap: ₹74.1b

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

JK Paper

Market Cap: ₹63.2b

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

MOIL

Market Cap: ₹57.4b

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

Midwest

Market Cap: ₹47.4b

Engages in the exploration, exploitation, manufacturing, processing, and selling of dressed granite blocks and slabs in India and internationally.

GHCL

Market Cap: ₹38.7b

Manufactures and trades inorganic chemicals in India and internationally.

Ddev Plastiks Industries

Market Cap: ₹29.2b

Manufactures and sells customised plastic compounds in India and internationally.

M M Forgings

Market Cap: ₹24.2b

Manufactures and sells steel forgings in India.

Nilkamal

Market Cap: ₹19.3b

Manufactures and sells plastic products in India and internationally.

Hi-Tech Pipes

Market Cap: ₹18.2b

Manufactures and sells steel in India.