Indian Retail Undervalued over 20% based on DCF

Arvind Fashions

Market Cap: ₹62.3b

Engages in the wholesale and retail trading of garments and accessories in India and internationally.

Motisons Jewellers

Market Cap: ₹16.2b

Engages in the manufacture and retail of jewelry in India.

Vakrangee

Market Cap: ₹6.6b

A technology company, provides e-commerce, white label ATM, financial, and logistics services in India.

Credo Brands Marketing

Market Cap: ₹5.5b

Engages in the retail of men’s casual wear under the MUFTI brand in India.

Logica Infoway

Market Cap: ₹2.9b

Distributes and retails smartphones, IT hardware, software, and allied accessories and services in India.

Manbro Industries

Market Cap: ₹2.9b

Engages in the manufacture, import, export, and trading of iron and steel products in India.

Jullundur Motor Agency (Delhi)

Market Cap: ₹2.0b

Trades and distributes automobile parts, accessories, and petroleum products primarily in India.

NAPS Global India

Market Cap: ₹165.5m

Engages in the import and sale of various types of fabrics and garments products in India.

RO Jewels

Market Cap: ₹83.2m

RO Jewels Limited is involved in wholesaling and trading of gold and silver chains in India.

Premier Synthetics

Market Cap: ₹75.7m

Trades in cotton and cotton yarn in India.