Indian Materials Undervalued based on future growth

Vedanta

Market Cap: ₹2.5t

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 Steel

Market Cap: ₹2.4t

Engages in the manufacture and distribution of steel products in India and internationally.

Lloyds Metals and Energy

Market Cap: ₹719.7b

Manufactures and sells sponge iron and iron ore in India.

Steel Authority of India

Market Cap: ₹605.0b

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

UPL

Market Cap: ₹503.2b

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

Godawari Power & Ispat

Market Cap: ₹182.7b

Engages in the mining of iron ores 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.

Deepak Fertilisers And Petrochemicals

Market Cap: ₹119.9b

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

Jindal Saw

Market Cap: ₹118.4b

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

Indian Metals and Ferro Alloys

Market Cap: ₹66.4b

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

Kirloskar Ferrous Industries

Market Cap: ₹60.4b

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

MOIL

Market Cap: ₹56.0b

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

JK Paper

Market Cap: ₹55.0b

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

Midwest

Market Cap: ₹43.2b

Engages in the exploration, mining, processing, marketing, distribution, and export of natural stones in India and internationally.

Surya Roshni

Market Cap: ₹42.8b

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

GHCL

Market Cap: ₹38.7b

Manufactures and trading of inorganic chemicals in India and internationally.

Epigral

Market Cap: ₹36.2b

Manufactures and sells chlor-alkali and related derivatives in India and internationally.

Goodluck India

Market Cap: ₹32.6b

Manufactures and supplies precision engineering and steel products in India.

AGI Greenpac

Market Cap: ₹31.8b

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

Greenply Industries

Market Cap: ₹23.7b

An interior infrastructure company, engages in the manufacture and trading of plywood and allied products in India and internationally.

Ddev Plastiks Industries

Market Cap: ₹21.2b

Manufactures and sells customised plastic compounds in India and internationally.

Venus Pipes and Tubes

Market Cap: ₹19.4b

Manufactures and sells stainless-steel pipes and tubes worldwide.

M M Forgings

Market Cap: ₹19.1b

Manufactures and sells steel forgings in India.

Pennar Industries

Market Cap: ₹18.4b

Operates as an engineering company in India and internationally.

JTL Industries

Market Cap: ₹18.0b

Manufactures and sells iron and steel products in India and internationally.

Nilkamal

Market Cap: ₹16.8b

Manufactures and sells plastic products in India and internationally.

Hi-Tech Pipes

Market Cap: ₹15.0b

Manufactures and sells steel in India.

Huhtamaki India

Market Cap: ₹11.8b

Manufactures and sells of flexible consumer packaging and labelling solutions in India.