Global Leverage Leaders

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.

Raspadskaya

Market Cap: ₽198.1b

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

United Spirits

Market Cap: ₹970.0b

Manufactures, sells, and distributes alcoholic beverages and other allied spirits in India and internationally.

Sun Pharmaceutical Industries

Market Cap: ₹4.1t

A generic pharmaceutical company, develops, manufactures, and markets branded and generic formulations, and active pharmaceutical ingredients (APIs) in India, the United States, and internationally.

Emaar Properties PJSC

Market Cap: د.إ139.7b

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

Hindustan Unilever

Market Cap: ₹6.1t

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

NBCC (India)

Market Cap: ₹271.2b

Engages in project management consultancy, engineering procurement and construction, and real estate development businesses in India and internationally.

Kansai Nerolac Paints

Market Cap: ₹184.5b

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

Saudi Awwal Bank

Market Cap: ر.س73.8b

Provides banking and financial services in the Kingdom of Saudi Arabia.

KEI Industries

Market Cap: ₹417.7b

Manufactures, markets, and sells wires and cables in India and internationally.

IOI Corporation Berhad

Market Cap: RM 25.2b

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

National Securities Depository

Market Cap: ₹199.1b

Provides depository services in India.

Yanbu National Petrochemical

Market Cap: ر.س15.1b

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

Aurobindo Pharma

Market Cap: ₹712.1b

A biopharmaceutical company, develops, manufactures, commercializes, and sells generic pharmaceuticals, active pharmaceutical ingredients (APIs), and injectables.

Arab National Bank

Market Cap: ر.س45.0b

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.

Bayer CropScience

Market Cap: ₹199.3b

Engages in the manufacture, sale, and distribution of insecticides, fungicides, herbicides, and various other agrochemical products and hybrid corn seeds in India, Germany, Bangladesh, and internationally.

Dubai Financial Market P.J.S.C

Market Cap: د.إ13.4b

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.ق13.4b

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

Endurance Technologies

Market Cap: ₹352.8b

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

Hexaware Technologies

Market Cap: ₹443.5b

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

Modon Holding PSC

Market Cap: د.إ56.2b

Engages in the real estate, hospitality, and investment activities in the United Arab Emirates and internationally.

Alamtri Minerals Indonesia

Market Cap: Rp77.5t

Engages in metallurgical coal mining business in Indonesia.

Rasan Information Technology

Market Cap: ر.س11.1b

A financial technology company, provides insurance and financial services in the Kingdom of Saudi Arabia.

Qatar Aluminium Manufacturing Company Q.P.S.C

Market Cap: ر.ق9.9b

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

Bank Syariah Indonesia

Market Cap: Rp102.4t

Provides various commercial banking products and services in Indonesia.

Boursa Kuwait Securities Company K.P.S.C

Market Cap: د.ك638.5m

Operates the stock market of Kuwait.

Bosch

Market Cap: ₹1.1t

Engages in the manufacture and trading of automotive products in India and internationally.

Astra Industrial Group

Market Cap: ر.س11.8b

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

Sundram Fasteners

Market Cap: ₹205.9b

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.

Alkem Laboratories

Market Cap: ₹681.8b

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

Force Motors

Market Cap: ₹263.7b

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

Anant Raj

Market Cap: ₹204.0b

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

DLF

Market Cap: ₹1.6t

DLF is India's leading real estate developer and has close to eight decades of track record of sustained growth, customer satisfaction, and innovation.

Makkah Construction and Development

Market Cap: ر.س17.9b

Invests in, owns, develops, manages, purchases, and leases properties near Al Masjid Al Haram in the Kingdom of Saudi Arabia.

Tenaris

Market Cap: €19.6b

Manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.