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The Indian market has shown impressive resilience, with the Utilities sector gaining 4.5% while the overall market remained flat last week and up 45% over the past year. With earnings forecasted to grow by 17% annually, identifying stocks that combine strong fundamentals with growth potential is crucial for investors looking to capitalize on these favorable conditions.
Top 10 Undiscovered Gems With Strong Fundamentals In India
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Wealth First Portfolio Managers | NA | -47.95% | 40.47% | ★★★★★★ |
| Vidhi Specialty Food Ingredients | 7.07% | 13.43% | 5.94% | ★★★★★★ |
| NGL Fine-Chem | 12.35% | 15.70% | 9.76% | ★★★★★★ |
| TCPL Packaging | 95.84% | 15.51% | 31.89% | ★★★★★☆ |
| Piccadily Agro Industries | 50.57% | 13.78% | 39.75% | ★★★★★☆ |
| Nibe | 33.91% | 81.20% | 80.04% | ★★★★★☆ |
| Insolation Energy | 88.64% | 163.87% | 419.31% | ★★★★★☆ |
| JSW Holdings | NA | 21.35% | 22.41% | ★★★★★☆ |
| Magadh Sugar & Energy | 85.41% | 6.90% | 11.82% | ★★★★☆☆ |
| Sanstar | 50.30% | 37.73% | 58.24% | ★★★★☆☆ |
Here we highlight a subset of our preferred stocks from the screener.
Godawari Power & Ispat
Simply Wall St Value Rating: ★★★★★★
Overview: Godawari Power & Ispat Limited, along with its subsidiaries, operates in the mining of iron ores in India and has a market cap of ₹144.47 billion.
Operations: GPIL generates revenue primarily from the manufacturing of steel products, amounting to ₹54.55 billion. The company has a market cap of ₹144.47 billion.
Godawari Power & Ispat (GPIL) has shown impressive growth, with earnings increasing by 17.9% over the past year, outpacing the Metals and Mining industry. The company's debt to equity ratio has significantly improved from 141.1% to 1.1% in five years, indicating better financial health. Recently, GPIL repurchased 2.15 million shares for ₹3 billion and received approval to expand its pellet plant capacity from 2.7 MTPA to 4.7 MTPA at Siltara Industrial Area, Raipur.
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Click to explore a detailed breakdown of our findings in Godawari Power & Ispat's health report.
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Evaluate Godawari Power & Ispat's historical performance by accessing our past performance report.
Jammu and Kashmir Bank
Simply Wall St Value Rating: ★★★★☆☆
Overview: The Jammu and Kashmir Bank Limited provides various banking products and services, with a market cap of ₹128.79 billion.
Operations: J&K Bank's revenue streams primarily include ₹27.83 billion from Treasury Operations, ₹25.32 billion from Corporate/Wholesale Banking, and ₹81.08 billion from Retail Banking - Other Retail Banking.
Jammu and Kashmir Bank, with total assets of ₹1,549B and equity of ₹126.9B, reported a robust earnings growth of 37.6% over the past year, outpacing the banking industry average of 23%. The bank's price-to-earnings ratio stands at an attractive 6.9x compared to the Indian market's 34.6x. Despite high non-performing loans at 4%, it benefits from primarily low-risk funding sources (93%). Revenue is projected to grow by nearly 19% annually.