Indian Materials Low Leverage High Rewards

EPL

Market Cap: ₹60.5b

Manufactures and sells plastic packaging materials in the form of multilayer collapsible tubes, corrugated boxes, and laminates.

Castrol India

Market Cap: ₹195.7b

Manufactures and markets automotive and industrial lubricants in India and internationally.

National Aluminium

Market Cap: ₹287.4b

Engages in the manufacture and sale of alumina and aluminum products in India and internationally.

Narmada Gelatines

Market Cap: ₹1.9b

Manufactures and sells gelatine and related products in India and internationally.

Bhansali Engineering Polymers

Market Cap: ₹26.7b

Operates a petrochemical company in India and internationally.

Divyashakti

Market Cap: ₹678.2m

Engages in the manufacture and export of granite products in India.

Indian Metals and Ferro Alloys

Market Cap: ₹31.7b

Engages in the production and sale of ferro chrome in India and internationally.

Gulf Oil Lubricants India

Market Cap: ₹58.7b

Manufactures, markets, and trades lubricating oils, greases, and other derivatives for use in the automobile and industrial sectors in India.

Cochin Minerals and Rutile

Market Cap: ₹2.1b

Engages in the manufacturing, marketing, and research activities in the mineral processing sector in India.

GHCL

Market Cap: ₹55.8b

Manufactures and sells inorganic chemicals in India and internationally.

Ruchira Papers

Market Cap: ₹3.5b

Manufactures and markets kraft paper, and writing and printing paper products in India and internationally.

MOIL

Market Cap: ₹64.6b

Engages in the exploration, development, and marketing of various grades of manganese ores in India.

Gujarat State Fertilizers & Chemicals

Market Cap: ₹74.2b

Manufactures and sells fertilizers and chemicals in India.

Bayer CropScience

Market Cap: ₹211.0b

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

Kuantum Papers

Market Cap: ₹9.0b

Produces, markets, and sells agro and wood-based paper products in India.

India Gelatine & Chemicals

Market Cap: ₹2.5b

Engages in the manufacture and sale of chemical products in India, the Far East, Europe, and internationally.

Styrenix Performance Materials

Market Cap: ₹48.4b

Engages in the manufacture, trading, and sale of engineering thermoplastics in India.

Gujarat Intrux

Market Cap: ₹1.7b

Manufactures and supplies stainless, non-alloy, and alloy steel castings in India.

Plastiblends India

Market Cap: ₹4.8b

Manufactures and sells color and additive masterbatches, and thermoplastic compounds for the plastic processing industry in India and internationally.

Kakatiya Cement Sugar and Industries

Market Cap: ₹1.1b

Manufactures and sells Portland cement in India.

Gujarat Narmada Valley Fertilizers & Chemicals

Market Cap: ₹71.5b

Manufactures and markets fertilizers and chemicals in India and internationally.

Jayant Agro-Organics

Market Cap: ₹7.0b

An oleochemical company, engages in the manufacturing and trading of castor oil and its derivatives worldwide.

Andhra Petrochemicals

Market Cap: ₹4.7b

Engages in the manufacture and sale of oxo-alcohols in India.

JK Paper

Market Cap: ₹53.3b

Produces and sells paper products in India.

Shreyans Industries

Market Cap: ₹2.4b

Engages in the manufacture and sale of writing and printing papers in India and internationally.

Veedol

Market Cap: ₹24.9b

Manufactures and markets lubricants under the Veedol brand in India.