Indian Retail High ROE Growth Engines

Trent

Market Cap: ₹1.6t

Engages in the retailing and trading of apparels, footwear, accessories, food, grocery, and non-food products in India.

D. P. Abhushan

Market Cap: ₹33.4b

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

Macfos

Market Cap: ₹11.5b

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

Osiajee Texfab

Market Cap: ₹1.5b

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

Mehul Telecom

Market Cap: ₹919.6m

Operates as a multi-brand retailer of smartphones, accessories, and gadgets.

MKP Mobility

Market Cap: ₹453.5m

Distributes and exports automobile spare parts and lubricants in India and internationally.

Avax Apparels and Ornaments

Market Cap: ₹438.5m

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