In This Article:
The Indian market has experienced a 2.7% decline over the past week, yet it boasts a robust 40% increase over the last year with earnings projected to grow by 17% annually. In this dynamic environment, discovering stocks that offer potential for growth and resilience can provide valuable opportunities for investors seeking to capitalize on India's evolving economic landscape.
Top 10 Undiscovered Gems With Strong Fundamentals In India
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Bengal & Assam | 4.48% | 1.53% | 51.11% | ★★★★★★ |
| 3B Blackbio Dx | 0.38% | -0.88% | -1.47% | ★★★★★★ |
| All E Technologies | NA | 40.78% | 31.63% | ★★★★★★ |
| NGL Fine-Chem | 12.95% | 15.22% | 8.68% | ★★★★★★ |
| AGI Infra | 61.29% | 29.16% | 33.44% | ★★★★★★ |
| Macpower CNC Machines | 0.40% | 22.04% | 31.09% | ★★★★★☆ |
| Nibe | 39.26% | 80.75% | 84.69% | ★★★★★☆ |
| Vasa Denticity | 0.11% | 38.37% | 48.77% | ★★★★☆☆ |
| Abans Holdings | 91.77% | 13.13% | 18.72% | ★★★★☆☆ |
| Rir Power Electronics | 54.23% | 16.42% | 34.78% | ★★★★☆☆ |
Below we spotlight a couple of our favorites from our exclusive screener.
Jaiprakash Power Ventures
Simply Wall St Value Rating: ★★★★★☆
Overview: Jaiprakash Power Ventures Limited operates in the power generation and cement grinding sectors both domestically and internationally, with a market capitalization of ₹151.67 billion.
Operations: The primary revenue stream for Jaiprakash Power Ventures comes from its power segment, generating ₹61.68 billion. Coal contributes an additional ₹6.59 billion to the revenue mix.
Jaiprakash Power Ventures, a smaller player in India's renewable energy sector, has shown remarkable growth with earnings surging by 22969% over the past year, outpacing industry averages. Their net debt to equity ratio stands at a satisfactory 28.7%, down from 254.1% five years ago. Despite a notable ₹6.9 billion one-off loss impacting recent financials, the company trades at 63.6% below estimated fair value and maintains strong interest coverage of 5.2 times EBIT, indicating robust financial health amidst challenges.
KRN Heat Exchanger and Refrigeration
Simply Wall St Value Rating: ★★★★☆☆
Overview: KRN Heat Exchanger and Refrigeration Limited specializes in the manufacturing and sale of aluminium and copper fin and tube-type heat exchangers for the HVACR industry, with a market cap of ₹28.54 billion.
Operations: KRN Heat Exchanger and Refrigeration Limited generates its revenue primarily from the manufacture and sale of HVAC parts and accessories, amounting to ₹3.08 billion.