Indian Retail High ROE Growth Engines

EFC (I)

Market Cap: ₹24.8b

Engages in real estate leasing business in India.

D. P. Abhushan

Market Cap: ₹21.7b

Engages in the manufacturing, sale, and trading of gold, diamond, platinum, silver jewellery, and other precious metals in India.

Macfos

Market Cap: ₹11.8b

Operates an e-commerce platform for electronic products in India.

Osiajee Texfab

Market Cap: ₹2.2b

Together with its subsidiary, trades in textile products in India.

Shine Fashions (India)

Market Cap: ₹736.1m

Engages in processing, manufacturing, trading, importing, and exporting of various types of fabrics and textile raw materials in India, Asia, Europe, and internationally.

Avax Apparels and Ornaments

Market Cap: ₹438.9m

Engages in the wholesale trading and manufacturing of knitted cloth in India.