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The Indian market has climbed by 2.5% over the past week, with every sector up, and over the past 12 months, it is up 45%, with earnings forecast to grow by 16% annually. In this thriving environment, identifying stocks with strong potential often involves looking beyond the well-known names to uncover lesser-known companies poised for growth.
Top 10 Undiscovered Gems With Strong Fundamentals In India
Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
---|---|---|---|---|
BLS E-Services | NA | 43.93% | 59.81% | ★★★★★★ |
Bengal & Assam | 4.48% | 3.82% | 47.41% | ★★★★★☆ |
Indo Tech Transformers | 2.30% | 20.60% | 62.92% | ★★★★★☆ |
Spright Agro | 0.58% | 83.13% | 86.22% | ★★★★★☆ |
Avantel | 10.67% | 34.84% | 36.61% | ★★★★★☆ |
KP Green Engineering | 13.73% | 47.60% | 61.28% | ★★★★★☆ |
Kalyani Investment | NA | 18.19% | 3.65% | ★★★★★☆ |
Vasa Denticity | 0.11% | 38.37% | 48.77% | ★★★★☆☆ |
Apollo Micro Systems | 38.17% | 7.94% | 2.46% | ★★★★☆☆ |
Rir Power Electronics | 53.98% | 13.52% | 31.41% | ★★★★☆☆ |
Here we highlight a subset of our preferred stocks from the screener.
Jai Balaji Industries
Simply Wall St Value Rating: ★★★★★★
Overview: Jai Balaji Industries Limited manufactures and markets iron and steel products primarily in India, with a market cap of ₹159.91 billion.
Operations: The company generates revenue primarily from its iron and steel segment, amounting to ₹64.14 billion.
Jai Balaji Industries has shown impressive growth, with earnings surging by 1420.9% over the past year, far outpacing the Metals and Mining industry at 18.8%. Its interest payments are well covered by EBIT (11.3x), and a net debt to equity ratio of 25.3% is satisfactory. The company reported first-quarter sales of INR 171.83 million and net income of INR 20.88 million, reflecting strong financial health despite recent shareholder dilution through private placements.
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Navigate through the intricacies of Jai Balaji Industries with our comprehensive health report here.
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Gain insights into Jai Balaji Industries' past trends and performance with our Past report.
Lloyds Engineering Works
Simply Wall St Value Rating: ★★★★☆☆
Overview: Lloyds Engineering Works Limited provides engineering products and services in India with a market cap of ₹105.02 billion.
Operations: Lloyds Engineering Works Limited generates revenue primarily from its engineering products and services, amounting to ₹6.24 billion.
Lloyds Engineering Works has shown impressive earnings growth of 116.8% over the past year, significantly outpacing the Machinery industry's 28.6%. Despite an increase in debt to equity ratio from 1.1% to 14.8% over five years, it remains profitable with high non-cash earnings and more cash than total debt. Recent board meetings discussed raising up to ₹12 billion through various equity methods and approved a dividend of ₹0.20 per share for the fiscal year ending March 2024.