Discovering Hidden Gems In India With Strong Potential

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The Indian market is up 3.4% in the last 7 days, with all sectors gaining ground, and has climbed 44% over the past year. In this thriving environment where earnings are forecast to grow by 17% annually, identifying stocks with strong fundamentals and growth potential becomes crucial for investors seeking undiscovered gems.

Top 10 Undiscovered Gems With Strong Fundamentals In India

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

NGL Fine-Chem

12.95%

15.22%

8.68%

★★★★★★

Knowledge Marine & Engineering Works

35.48%

46.55%

46.96%

★★★★★★

AGI Infra

61.29%

29.12%

33.44%

★★★★★★

Network People Services Technologies

0.24%

81.82%

86.36%

★★★★★☆

Genesys International

12.13%

15.75%

36.33%

★★★★★☆

JSW Holdings

NA

21.35%

22.41%

★★★★★☆

Apollo Micro Systems

38.51%

10.59%

11.93%

★★★★☆☆

SG Mart

16.77%

98.09%

96.54%

★★★★☆☆

Vasa Denticity

0.11%

38.37%

48.77%

★★★★☆☆

Abans Holdings

91.77%

13.13%

18.72%

★★★★☆☆

Click here to see the full list of 463 stocks from our Indian Undiscovered Gems With Strong Fundamentals screener.

Let's uncover some gems from our specialized screener.

IIFL Securities

Simply Wall St Value Rating: ★★★★☆☆

Overview: IIFL Securities Limited offers capital market services in India's primary and secondary markets and has a market cap of ₹78.48 billion.

Operations: IIFL Securities generates revenue primarily from capital market activities (₹20.25 billion) and insurance broking and ancillary services (₹2.77 billion). The company also earns from facilities and ancillary services, contributing ₹375.25 million to its revenue.

IIFL Securities has shown impressive earnings growth of 120.4% over the past year, outpacing the Capital Markets industry. Its debt to equity ratio has improved significantly from 117.6% to 67.2% in five years, and its current net debt to equity ratio stands at a satisfactory 35.5%. The stock is attractively valued with a Price-To-Earnings ratio of 12.7x compared to the Indian market's average of 33.1x, despite recent share price volatility and regulatory challenges including a SEBI penalty for technical errors in client data management.

NSEI:IIFLSEC Earnings and Revenue Growth as at Aug 2024
NSEI:IIFLSEC Earnings and Revenue Growth as at Aug 2024

LT Foods

Simply Wall St Value Rating: ★★★★★★

Overview: LT Foods Limited engages in the milling, processing, and marketing of branded and non-branded basmati rice and rice food products in India, with a market cap of ₹122.75 billion.

Operations: The primary revenue stream for LT Foods Limited is the manufacture and storage of rice, generating ₹81.21 billion. The company focuses on branded and non-branded basmati rice products in India.