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.

NBCC (India)

Market Cap: ₹298.2b

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

Kalbe Farma

Market Cap: Rp64.5t

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

Bank CIMB Niaga

Market Cap: Rp42.7t

Provides various banking products and services in Indonesia and internationally.

Anant Raj

Market Cap: ₹192.2b

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

Emami

Market Cap: ₹267.7b

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

Adaro Minerals Indonesia

Market Cap: Rp45.6t

Engages in metallurgical coal mining business in Indonesia.

Sun Pharmaceutical Industries

Market Cap: ₹3.9t

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

Sundram Fasteners

Market Cap: ₹200.4b

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.

Hindustan Unilever

Market Cap: ₹6.0t

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

Dalmia Bharat

Market Cap: ₹420.7b

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

Gallantt Ispat

Market Cap: ₹188.4b

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

Endurance Technologies

Market Cap: ₹364.4b

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

Force Motors

Market Cap: ₹234.8b

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

Yanbu National Petrochemical

Market Cap: ر.س17.6b

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

Avenue Supermarts

Market Cap: ₹2.8t

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

Kansai Nerolac Paints

Market Cap: ₹195.9b

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

Boursa Kuwait Securities Company K.P.S.C

Market Cap: د.ك683.0m

Operates the stock market of Kuwait.

Info Edge (India)

Market Cap: ₹866.2b

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

Vale Indonesia

Market Cap: Rp38.9t

Engages in the mining and processing of nickel in Indonesia.

Makkah Construction and Development

Market Cap: ر.س16.5b

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

Supreme Industries

Market Cap: ₹542.2b

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

Bayer CropScience

Market Cap: ₹282.7b

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.

Hexaware Technologies

Market Cap: ₹444.6b

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

Astra Industrial Group

Market Cap: ر.س11.3b

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

Concord Biotech

Market Cap: ₹178.0b

A biopharma company, engages in the research and development, manufacturing, marketing, and sale of pharmaceutical products in India and internationally.

United Spirits

Market Cap: ₹939.9b

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

Dubai Financial Market P.J.S.C

Market Cap: د.إ13.8b

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.ق16.9b

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

Aurobindo Pharma

Market Cap: ₹626.9b

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.

Modon Holding PSC

Market Cap: د.إ60.8b

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

DLF

Market Cap: ₹1.9t

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

Arab National Bank

Market Cap: ر.س42.8b

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.