Indian Undervalued based on future growth

Huhtamaki India

Market Cap: ₹14.8b

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

Uniparts India

Market Cap: ₹14.7b

Manufactures and sells engineering systems, solutions, and assemblies primarily for off-highway vehicles in India, the United States, the Asia Pacific, Europe, Japan, and internationally.

I G Petrochemicals

Market Cap: ₹13.2b

Engages in the manufacture and sale of organic chemicals in India and internationally.

IFGL Refractories

Market Cap: ₹13.2b

Engages in the manufacturing, trading, and selling of refractory items and related equipment and accessories used in steel plants in India and internationally.

Capital Small Finance Bank

Market Cap: ₹13.1b

Provides a range of banking and financial products and services for individuals and businesses in India.

IRM Energy

Market Cap: ₹11.7b

A city gas distribution company, engages in the laying, building, operating, and expanding of city and local natural gas distribution network in India.

Alicon Castalloy

Market Cap: ₹10.9b

Provides design, manufacturing, engineering, casting, machining, assembly, painting, and surface treatment services for aluminum components in India and internationally.

Allied Digital Services

Market Cap: ₹10.9b

Designs, develops, deploys, and delivers end-to-end IT infrastructure services and digital solutions in India, the United States, the United kingdom, and internationally.

NCL Industries

Market Cap: ₹9.5b

Manufactures and sells building materials in India.

Ratnaveer Precision Engineering

Market Cap: ₹7.1b

Engages in the manufacture, export, and supply of stainless-steel products in India and internationally.

S Chand

Market Cap: ₹7.0b

S Chand and Company Limited, an education content company, develops and delivers content, solutions, and services for the early learning, K-12, and higher education segments in India.

Foods and Inns

Market Cap: ₹6.5b

Manufactures and sells various processed tropical fruits and vegetables, pulps, purees, spices, spray-dried powders, and frozen food in India and internationally.