In This Article:
The Indian market has climbed 1.3% in the last 7 days, led by the Financials sector with a gain of 2.1%, while the Information Technology sector is down 3.1%. With the market up 45% over the last 12 months and earnings forecast to grow by 17% annually, identifying undiscovered gems can offer significant opportunities for investors looking to capitalize on strong sectors and emerging trends.
Top 10 Undiscovered Gems With Strong Fundamentals In India
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| All E Technologies | NA | 40.78% | 31.63% | ★★★★★★ |
| Goldiam International | 0.74% | 10.81% | 15.85% | ★★★★★★ |
| Le Travenues Technology | 10.32% | 26.39% | 67.32% | ★★★★★★ |
| Bharat Rasayan | 8.15% | 0.10% | -7.93% | ★★★★★★ |
| Indo Amines | 82.32% | 17.15% | 19.98% | ★★★★★☆ |
| Om Infra | 13.99% | 43.36% | 27.66% | ★★★★★☆ |
| S J Logistics (India) | 11.71% | 90.19% | 60.29% | ★★★★★☆ |
| Ingersoll-Rand (India) | 1.05% | 14.88% | 27.54% | ★★★★★☆ |
| Monarch Networth Capital | 32.66% | 31.02% | 50.24% | ★★★★☆☆ |
| Sanstar | 50.30% | -8.41% | 48.59% | ★★★★☆☆ |
Let's explore several standout options from the results in 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 ₹134.62 billion.
Operations: GPIL generates revenue primarily from the mining of iron ores. The company has a net profit margin of 14.50% and incurs significant costs associated with its operations, impacting overall profitability.
Godawari Power & Ispat (GPIL) shows impressive performance with a 42.1% earnings growth over the past year, surpassing the Metals and Mining industry's 17.8%. The company’s debt to equity ratio has reduced significantly from 141.1% to 1.1% over five years, indicating strong financial health. GPIL's price-to-earnings ratio stands at a favorable 13.6x compared to the Indian market average of 34.3x, suggesting good relative value for investors exploring this sector in India.
JSW Holdings
Simply Wall St Value Rating: ★★★★★☆
Overview: JSW Holdings Limited, a non-banking financial company, primarily engages in investing and financing activities in India with a market cap of ₹100.65 billion.
Operations: JSW Holdings generates revenue primarily from investing and financing activities, amounting to ₹1.71 billion.
JSW Holdings, a debt-free entity, has seen its earnings drop by 47.5% over the past year, contrasting sharply with the Capital Markets industry average of 63.2%. Despite this, it remains profitable and boasts high-quality earnings. The company reported Q1 2024 revenue of ₹272 million and net income of ₹526 million compared to ₹261 million and ₹244 million respectively in Q1 2023. Recently added to the S&P Global BMI Index, JSW Holdings continues to show strong free cash flow generation at ₹912.92 million as of September 2023.