Global Leverage Leaders

Multistrada Arah Sarana

Market Cap: Rp56.9t

Manufactures, distributes, and markets two and four wheeler tires for motor vehicles in Indonesia, the Middle East, Europe, Australia, Africa, Asia, and the United States.

Raspadskaya

Market Cap: ₽198.1b

Public Joint Stock Company Raspadskaya, together with its subsidiaries, engages in the mining of coking coal.

PJSC LUKOIL

Market Cap: ₽2.5t

PJSC LUKOIL, together with its subsidiaries, engages in exploration, production, refining, marketing, and distribution of oil and gas.

Oil Company Bashneft

Market Cap: ₽176.8b

Public Joint Stock Oil Company Bashneft engages in the development and implementation, exploration, production, and refining of oil reserves in Russia.

Yanbu National Petrochemical

Market Cap: ر.س18.0b

Manufactures and sells petrochemical products in the Kingdom of Saudi Arabia, the United States, Africa, the Middle East, Europe, and Asia.

Arab National Bank

Market Cap: ر.س43.4b

Provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

DLF

Market Cap: ₹1.9t

Engages in the business of colonization and real estate development in India.

Supreme Industries

Market Cap: ₹553.2b

Engages in the manufacture and sale of plastic products in India.

National Securities Depository

Market Cap: ₹254.6b

Provides depository and related services in India.

Gallantt Ispat

Market Cap: ₹187.0b

Engages in manufacture and sale of iron and steel products in India.

Alkem Laboratories

Market Cap: ₹579.2b

A pharmaceutical company, engages in the research and development, manufacture, and sale of pharmaceutical and nutraceutical products in India, the United States, and internationally.

Emaar Properties PJSC

Market Cap: د.إ133.9b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Qatar Aluminium Manufacturing Company Q.P.S.C

Market Cap: ر.ق8.3b

Through its subsidiaries, engages in the processing, manufacture, and sale of aluminum products in Qatar.

Hindustan Unilever

Market Cap: ₹5.9t

A consumer good company, manufactures and sells food, home care, personal care, and refreshment products in India and internationally.

Alamtri Minerals Indonesia

Market Cap: Rp45.4t

Engages in metallurgical coal mining business in Indonesia.

Bank CIMB Niaga

Market Cap: Rp42.9t

Provides various banking products and services in Indonesia and internationally.

Astra Industrial Group

Market Cap: ر.س11.4b

Through its subsidiaries, engages in the pharmaceuticals, specialty chemicals, power, steel, and mining businesses worldwide.

IOI Corporation Berhad

Market Cap: RM 23.2b

An investment holding company, primarily engages in the plantation business in Malaysia, Europe, North America, Asia, and internationally.

Kalbe Farma

Market Cap: Rp62.2t

Develops, manufactures, and trades in pharmaceutical products in Indonesia.

Hexaware Technologies

Market Cap: ₹427.0b

Provides information technology consulting, software development, and business process services worldwide.

Anant Raj

Market Cap: ₹185.2b

Primarily engaged in the real estate and infrastructure development business in India.

Dalmia Bharat

Market Cap: ₹417.3b

Manufactures and sells cement and its related products primarily in India.

Avenue Supermarts

Market Cap: ₹2.7t

Engages in the business of organized retail and operating supermarkets under the D-Mart brand name in India.

Petrol d.d

Market Cap: €2.1b

Through its subsidiaries, sells petroleum and other energy products, merchandise and services, and energy and solutions in Slovenia, Croatia, Austria, Bosnia, Herzegovina, Serbia, Montenegro, Romania, Macedonia, and internationally.

Sundram Fasteners

Market Cap: ₹194.7b

Manufactures and sells components for the automotive, infrastructure, wind energy, aerospace, defense, farm equipment, industrial, aviation, and other sectors in India, China, the Americas, and internationally.

Emami

Market Cap: ₹254.5b

Manufactures and markets personal and healthcare products in India and internationally.

Endurance Technologies

Market Cap: ₹354.6b

Manufactures and supplies automotive components for original equipment manufacturers in India and internationally.

Dubai Financial Market P.J.S.C

Market Cap: د.إ13.9b

Provides investors and market participants with products and services for trading, clearing, settlement, and depository of securities.

Mesaieed Petrochemical Holding Company Q.P.S.C

Market Cap: ر.ق17.1b

Mesaieed Petrochemical Holding Company Q.P.S.C.

United Spirits

Market Cap: ₹924.6b

Engages in the manufacture, sale, and distribution of alcoholic beverages and other allied spirits in India and internationally.

Force Motors

Market Cap: ₹244.2b

An integrated automobile company, designs, develops, manufactures, and sells a range of automotive components, aggregates, and vehicles in India.

Info Edge (India)

Market Cap: ₹852.6b

Operates as an online classifieds company in the areas of recruitment, matrimony, real estate, and education and related services in India and internationally.

Kansai Nerolac Paints

Market Cap: ₹190.0b

Manufactures and supplies paints, varnishes, enamels, and lacquers in India.

Vale Indonesia

Market Cap: Rp41.3t

Engages in the mining and processing of nickel in Indonesia.

Boursa Kuwait Securities Company K.P.S.C

Market Cap: د.ك704.7m

Operates the stock market of Kuwait.

Aurobindo Pharma

Market Cap: ₹611.5b

A biopharmaceutical company, engages in the manufacture of generic formulations and active pharmaceutical ingredients in India, the United States of America, Europe, Puerto Rico, and internationally.