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Discovering Three Hidden Gems in India with Promising Potential

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The Indian market has shown robust performance, rising 1.2% over the last week and climbing 41% in the past year, with earnings forecasted to grow by 17% annually. In this thriving environment, identifying stocks with strong fundamentals and growth potential can be particularly rewarding.

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%

★★★★★★

Goldiam International

0.74%

10.81%

15.85%

★★★★★★

Vidhi Specialty Food Ingredients

7.27%

11.00%

4.02%

★★★★★★

Yuken India

27.96%

12.35%

-44.41%

★★★★★★

ELANTAS Beck India

NA

14.89%

24.83%

★★★★★★

Timex Group India

14.33%

17.75%

59.68%

★★★★★★

Knowledge Marine & Engineering Works

35.48%

42.61%

42.95%

★★★★★★

Gallantt Ispat

18.85%

37.56%

37.26%

★★★★★☆

Master Trust

37.05%

27.64%

41.99%

★★★★★☆

Genesys International

12.13%

15.75%

36.33%

★★★★★☆

Click here to see the full list of 471 stocks from our Indian Undiscovered Gems With Strong Fundamentals screener.

Let's uncover some gems from our specialized screener.

Akums Drugs and Pharmaceuticals

Simply Wall St Value Rating: ★★★★★☆

Overview: Akums Drugs and Pharmaceuticals Limited manufactures and sells pharmaceutical products and active pharmaceutical ingredients in India and internationally, with a market cap of ₹132.37 billion.

Operations: Akums generates revenue primarily from Contract Development and Manufacturing Organization (CDMO) services (₹36.32 billion), branded and generic formulations (₹6.76 billion), and active pharmaceutical ingredients (API) sales (₹3.03 billion). The company's net profit margin is a critical metric to evaluate its profitability.

Akums Drugs and Pharmaceuticals, a small-cap player in the pharmaceutical sector, has shown significant progress recently. The company reported sales of ₹10.19 billion for Q1 2024, up from ₹9.70 billion a year ago, with net income reaching ₹601.71 million compared to a net loss of ₹1.88 billion previously. Its net debt to equity ratio stands at 40%, which is satisfactory, and interest payments are well covered by EBIT (9.7x). The recent appointment of Mr. Shantanu R Chobhe as Corporate Quality Assurance Head underscores Akums' commitment to quality excellence and regulatory compliance.

NSEI:AKUMS Debt to Equity as at Sep 2024
NSEI:AKUMS Debt to Equity as at Sep 2024

Indegene

Simply Wall St Value Rating: ★★★★★☆

Overview: Indegene Limited operates as a life sciences commercialization company in India, the United States, Europe, and internationally with a market cap of ₹153.68 billion.