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Over the past 7 days, the Indian market has risen 1.6%, and in the last year, it has climbed an impressive 44%, with earnings forecast to grow by 17% annually. In this thriving environment, identifying stocks that are poised for growth can significantly enhance your investment portfolio.
Top 10 Undiscovered Gems With Strong Fundamentals In India
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Vidhi Specialty Food Ingredients | 7.27% | 11.00% | 4.02% | ★★★★★★ |
| 3B Blackbio Dx | 0.38% | -0.88% | -1.47% | ★★★★★★ |
| Yuken India | 27.96% | 12.35% | -44.41% | ★★★★★★ |
| Bharat Rasayan | 8.15% | 0.10% | -7.93% | ★★★★★★ |
| TechNVision Ventures | 100.73% | 20.37% | 68.50% | ★★★★★★ |
| Voith Paper Fabrics India | 0.07% | 10.95% | 9.70% | ★★★★★☆ |
| Indo Tech Transformers | 2.30% | 22.05% | 60.31% | ★★★★★☆ |
| Piccadily Agro Industries | 50.57% | 13.86% | 42.85% | ★★★★★☆ |
| Macpower CNC Machines | 0.40% | 22.04% | 31.09% | ★★★★★☆ |
| Share India Securities | 24.23% | 37.59% | 48.98% | ★★★★☆☆ |
We'll examine a selection from our screener results.
Arkade Developers
Simply Wall St Value Rating: ★★★★★☆
Overview: Arkade Developers Limited operates as a real estate development company in India with a market cap of ₹28.89 billion.
Operations: Arkade Developers generates revenue primarily from real estate development, amounting to ₹6.35 billion.
Arkade Developers, a promising player in the real estate sector, has seen its earnings grow by 141.9% over the past year, significantly outpacing the industry average of 24.1%. Trading at 53.9% below its estimated fair value, Arkade's net debt to equity ratio stands at a satisfactory 14.2%. The company's interest payments are well covered by EBIT with a coverage ratio of 12.2x. Recently completing an IPO worth INR 4.1 billion, Arkade reported revenues of INR 6.36 billion and net income of INR 1.23 billion for FY2024, reflecting strong financial health and growth potential in this small-cap segment.
JSW Holdings
Simply Wall St Value Rating: ★★★★★☆
Overview: JSW Holdings Limited, a non-banking financial company, primarily engages in investing and financing activities in India and has a market cap of ₹104.61 billion.
Operations: JSW Holdings generates its revenue primarily from investing and financing activities, amounting to ₹1.71 billion.
JSW Holdings, a small but noteworthy player in India's financial sector, has consistently demonstrated high-quality earnings and positive free cash flow. The company reported a net income of INR 525.81 million for Q1 2024, up from INR 243.57 million the previous year. Additionally, JSW Holdings remains debt-free with no interest coverage concerns and has not carried any debt over the past five years. Despite these strengths, its earnings growth was negative at -47.5% last year compared to the industry average of 63.2%.