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Over the last 7 days, the Indian market has dropped 1.1%, driven by losses in the Financials and Energy sectors of 2.1% and 5.2%. Despite this short-term dip, the market is up 40% over the past year with earnings forecast to grow by 17% annually. In such a dynamic environment, identifying stocks with strong fundamentals and growth potential can be particularly rewarding for investors seeking undiscovered gems.
Top 10 Undiscovered Gems With Strong Fundamentals In India
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| 3B Blackbio Dx | 0.38% | -0.88% | -1.47% | ★★★★★★ |
| Kokuyo Camlin | 27.11% | 23.20% | 75.70% | ★★★★★★ |
| TCPL Packaging | 95.84% | 15.51% | 31.89% | ★★★★★☆ |
| Voith Paper Fabrics India | 0.07% | 10.95% | 9.70% | ★★★★★☆ |
| Avantel | 10.67% | 34.84% | 36.61% | ★★★★★☆ |
| Macpower CNC Machines | 0.40% | 22.04% | 31.09% | ★★★★★☆ |
| Spright Agro | 0.58% | 83.13% | 86.22% | ★★★★★☆ |
| Insolation Energy | 88.64% | 163.87% | 419.31% | ★★★★★☆ |
| Share India Securities | 24.23% | 37.59% | 48.98% | ★★★★☆☆ |
| Innovana Thinklabs | 13.59% | 12.51% | 20.01% | ★★★★☆☆ |
Below we spotlight a couple of our favorites from our exclusive screener.
D. P. Abhushan
Simply Wall St Value Rating: ★★★★☆☆
Overview: D. P. Abhushan Limited engages in the manufacturing, sale, and trading of gold, diamond, platinum, silver, and other precious metals and ornaments in India with a market cap of ₹36.81 billion.
Operations: D. P. Abhushan generates revenue primarily from its Gems & Jewellery segment, amounting to ₹23.74 billion. The company has a market cap of ₹36.81 billion and focuses on the manufacturing, sale, and trading of precious metals and ornaments in India.
D.P. Abhushan, a notable player in India's retail jewelry sector, reported Q1 2024 sales of ₹5.05 billion (up from ₹4.71 billion) and net income of ₹250.77 million (up from ₹156.23 million). The company’s debt to equity ratio improved significantly over five years, dropping from 187% to 73%. Earnings growth at 48.5% outpaced the industry average of 23%. However, the net debt to equity ratio remains high at 61%, indicating potential financial leverage concerns despite strong earnings performance and expansion activities like the new showroom in Neemuch.
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Click to explore a detailed breakdown of our findings in D. P. Abhushan's health report.
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Assess D. P. Abhushan's past performance with our detailed historical performance reports.
Salasar Techno Engineering
Simply Wall St Value Rating: ★★★★☆☆
Overview: Salasar Techno Engineering Limited manufactures and sells galvanized and non-galvanized steel structures in India and internationally, with a market cap of ₹37.32 billion.