Indian Low-Risk Leaders

GE Vernova T&D India

Market Cap: ₹1.2t

Engages in building power transmission and distribution infrastructure in India and internationally.

Manorama Industries

Market Cap: ₹81.5b

Manufactures, processes, and supplies specialty fats and butters from tree-borne, and plant-based seeds worldwide.

Apollo Hospitals Enterprise

Market Cap: ₹1.2t

Provides healthcare services in India.

Shilpa Medicare

Market Cap: ₹92.9b

Manufactures and sells active pharmaceutical ingredients (APIs), finished dosage formulations, biosimilars, and contract development and manufacturing organisation in India, the United States, Europe, and internationally.

Gujarat Fluorochemicals

Market Cap: ₹420.4b

Engages in the manufacture and trading of refrigerant gases, fluorochemicals, fluoropolymers, battery chemicals, wind energy, and renewable energy solutions in India, Europe, the United States, and internationally.

Granules India

Market Cap: ₹189.3b

Manufactures and sells active pharmaceutical ingredients (APIs), pharmaceutical formulation intermediates, and finished dosages (FDs) in India and internationally.

Multi Commodity Exchange of India

Market Cap: ₹847.3b

A commodity derivatives exchange, provides a platform to facilitate online trading of commodity derivatives in India.

Persistent Systems

Market Cap: ₹749.1b

Provides software products, services, and technology solutions in India, North America, and internationally.

Thangamayil Jewellery

Market Cap: ₹120.0b

Operates a chain of retail jewelry stores in India.

Anupam Rasayan India

Market Cap: ₹156.5b

Engages in the custom synthesis and manufacturing of specialty chemicals in India, Europe, Japan, Singapore, China, North America, and internationally.

Radico Khaitan

Market Cap: ₹478.4b

Engages in the manufacture and trading of Indian made foreign liquor (IMFL) and country liquor in India, the United States, and internationally.

BSE

Market Cap: ₹1.7t

Provides a platform for trading in equities, currencies, capital-raising, debt instruments, derivatives, mutual funds, and other securities in India and internationally.

Usha Martin

Market Cap: ₹141.5b

Manufactures and sells steel wires, strands, wire ropes, and cord related accessories in India and internationally.

Schaeffler India

Market Cap: ₹639.5b

Engages in the development, manufacture, and distribution of high-precision roller and ball bearings, and related components in India and internationally.

VA Tech Wabag

Market Cap: ₹87.9b

Engages in the design, supply, installation, construction, operation, and maintenance of drinking water, waste and industrial water treatment, and desalination plants in India and internationally.

Suzlon Energy

Market Cap: ₹725.1b

Manufactures and sells wind turbine generators and related components in India and internationally.

Polycab India

Market Cap: ₹1.4t

Manufactures and sells wires and cables under the POLYCAB brand in India and internationally.

Himadri Speciality Chemical

Market Cap: ₹297.8b

Manufactures and sells carbon materials and chemicals in India and internationally.

Eicher Motors

Market Cap: ₹1.9t

An automobile company, engages in the manufacture and sale of motorcycles and commercial vehicles in India and internationally.

Uno Minda

Market Cap: ₹623.2b

Manufactures and supplies auto components and systems in India and internationally.

Abbott India

Market Cap: ₹587.4b

Operates as a pharmaceutical company in India.

eClerx Services

Market Cap: ₹142.4b

Provides business process management, change management, data-driven insights, and advanced analytics services in India, the United States, the United Kingdom, Europe, and the Asia Pacific.

Bajaj Consumer Care

Market Cap: ₹71.4b

Manufactures, markets, distributes, and sells hair care, cosmetics, toiletries, and other personal care products in India and internationally.

Varun Beverages

Market Cap: ₹1.8t

Manufactures, bottles, sells, and distributes beverages under the PepsiCo brands in India, Sri Lanka, Nepal, Zambia, Morocco, Zimbabwe, the Democratic Republic of Congo, Mozambique, South Africa, Lesotho, Eswatini, Namibia, and Botswana.

Elgi Equipments

Market Cap: ₹179.1b

Manufactures and sells air compressors and related parts in India, Europe, Australia, the United States, and internationally.

Caplin Point Laboratories

Market Cap: ₹153.7b

Engages in the development, production, marketing, and export of generic formulations and branded products in India.

MRF

Market Cap: ₹534.7b

Engages in the manufacture and sale of rubber products in India and internationally.

Force Motors

Market Cap: ₹254.9b

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

Gokul Agro Resources

Market Cap: ₹65.7b

Engages in the manufacture and trading of edible and non-edible oils, meals, and other agro products in India.

AXISCADES Technologies

Market Cap: ₹87.1b

Operates as an engineering solutions company in Europe, the United States, the Asia Pacific, and Canada.

HBL Engineering

Market Cap: ₹217.6b

Manufactures and sells batteries and other products in India and internationally.

Sandur Manganese & Iron Ores

Market Cap: ₹110.3b

Together with its subsidiary, engages in the mining of manganese and iron ores in Deogiri village of Ballari District, Karnataka.

Sarda Energy & Minerals

Market Cap: ₹197.9b

Produces and sells steel products in India and internationally.

Kingfa Science & Technology (India)

Market Cap: ₹69.8b

Manufactures and supplies reinforced polypropylene compounds, thermoplastics elastomers, and personal protective equipment masks and gloves in India.