Indian Retail Potentially Undervalued Small Caps

Olympia Industries

Market Cap: ₹183.7m

Engages in the e-commerce business in India.

Credo Brands Marketing

Market Cap: ₹5.7b

Engages in the retail of men’s casual wear under the MUFTI brand in India.

Jullundur Motor Agency (Delhi)

Market Cap: ₹2.0b

Trades and distributes automobile parts, accessories, and petroleum products primarily in India.

Saraswati Saree Depot

Market Cap: ₹2.5b

Engages in manufacturing and wholesale trading of sarees, dress materials, and allied women’s traditional and ethnic wear garments in India.

Naksh Precious Metals

Market Cap: ₹47.0m

Engages in the manufacturing and distribution of jewelry products in India.

Naturo Agrotech India

Market Cap: ₹45.1m

Trades in fast-moving consumer goods (FMCG) and health care products in India.

Enterprise International

Market Cap: ₹64.0m

Trades in textile goods in India.

Lahoti Overseas

Market Cap: ₹1.2b

Engages in the export trading of cotton yarns and fabrics in India, Bangladesh, Turkey, South Korea, Peru, and Germany.

Yarn Syndicate

Market Cap: ₹209.1m

Engages in the trading of yarns and fabrics.

Archies

Market Cap: ₹499.6m

Engages in the retail sale of cultural, recreation, and other goods in India and internationally.

Jay Jalaram Technologies

Market Cap: ₹1.5b

Engages in the multi-brand retail selling business primarily in India.

Mihika Industries

Market Cap: ₹134.1m

Engages in the trading of commodities and fabrics in India.

Vivaa Tradecom

Market Cap: ₹173.3m

Provides fabrics and garments in India and internationally.

Add-Shop E-Retail

Market Cap: ₹205.3m

Manufactures and distributes ayurvedic, agricultural, and animal feed supplement products in India.

Maxgrow India

Market Cap: ₹2.0b

Provides human resource services in India.