Indian Materials Undervalued based on future growth

Lloyds Metals and Energy

Market Cap: ₹930.5b

Manufactures and sells sponge iron and iron ore in India.

Godawari Power & Ispat

Market Cap: ₹205.8b

Engages in the mining of iron ores in India.

E.I.D.- Parry (India)

Market Cap: ₹141.8b

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

Jindal Saw

Market Cap: ₹139.8b

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

Indian Metals and Ferro Alloys

Market Cap: ₹77.7b

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

Kirloskar Ferrous Industries

Market Cap: ₹69.7b

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

JK Paper

Market Cap: ₹69.0b

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

MOIL

Market Cap: ₹60.7b

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

GHCL

Market Cap: ₹41.0b

Manufactures and trading of inorganic chemicals in India and internationally.

JTL Industries

Market Cap: ₹26.0b

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

Ddev Plastiks Industries

Market Cap: ₹24.7b

Manufactures and sells customised plastic compounds in India and internationally.

M M Forgings

Market Cap: ₹21.8b

Manufactures and sells steel forgings in India.

Pennar Industries

Market Cap: ₹20.2b

Operates as an engineering company in India and internationally.

Nilkamal

Market Cap: ₹18.5b

Manufactures and sells plastic products in India and internationally.

Hi-Tech Pipes

Market Cap: ₹17.4b

Manufactures and sells steel in India.

Huhtamaki India

Market Cap: ₹12.5b

Engages in the manufacture and sale of packaging materials in India.