IIFL Securities Leads 3 Undiscovered Gems with Promising Potential

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The Indian market has experienced a flat performance over the last week but has seen a significant 40% increase over the past year, with earnings forecasted to grow by 17% annually. In such a dynamic environment, identifying stocks with promising potential often involves looking beyond immediate trends to find companies that are well-positioned for sustainable growth.

Top 10 Undiscovered Gems With Strong Fundamentals In India

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Vidhi Specialty Food Ingredients

7.27%

11.00%

4.02%

★★★★★★

Le Travenues Technology

10.32%

26.39%

67.32%

★★★★★★

Genesys International

12.13%

15.75%

36.33%

★★★★★☆

BLS E-Services

1.67%

15.04%

51.58%

★★★★★☆

JSW Holdings

NA

21.35%

22.41%

★★★★★☆

Magadh Sugar & Energy

85.44%

6.65%

13.60%

★★★★☆☆

Monarch Networth Capital

32.66%

31.02%

50.24%

★★★★☆☆

Sanstar

50.30%

-8.41%

48.59%

★★★★☆☆

Sky Gold

127.01%

22.02%

48.03%

★★★★☆☆

Innovana Thinklabs

13.59%

12.51%

19.96%

★★★★☆☆

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

Underneath we present a selection of stocks filtered out by our screen.

IIFL Securities

Simply Wall St Value Rating: ★★★★☆☆

Overview: IIFL Securities Limited operates in the Indian financial sector, offering a range of capital market services in both primary and secondary markets, with a market capitalization of ₹123.86 billion.

Operations: IIFL Securities generates revenue primarily from capital market activities, amounting to ₹20.25 billion, and insurance broking and ancillary services, contributing ₹2.77 billion.

IIFL Securities, a dynamic player in India's financial landscape, has shown impressive earnings growth of 120% over the past year, outpacing the broader Capital Markets industry. With a price-to-earnings ratio of 20x, it appears undervalued compared to the Indian market average of 33.7x. The company's debt profile has improved significantly with a reduction from 117.6% to 67.2% over five years, although its share price remains volatile recently.

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

Jaiprakash Power Ventures

Simply Wall St Value Rating: ★★★★★☆

Overview: Jaiprakash Power Ventures Limited operates in the power generation and cement grinding sectors both in India and internationally, with a market capitalization of ₹146.12 billion.

Operations: The company generates revenue primarily from power and coal, with power contributing significantly at ₹61.68 billion. Coal adds another ₹6.59 billion to the revenue stream.