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Over the last 7 days, the Indian market has risen 2.5%, and over the past 12 months, it is up an impressive 46%. With earnings forecast to grow by 17% annually, identifying promising stocks that align with these robust market conditions can be particularly rewarding.
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% | ★★★★★★ |
| 3B Blackbio Dx | 0.38% | -0.88% | -1.47% | ★★★★★★ |
| Yuken India | 27.96% | 12.35% | -44.41% | ★★★★★★ |
| Bharat Rasayan | 8.15% | 0.10% | -7.93% | ★★★★★★ |
| TechNVision Ventures | 100.73% | 20.37% | 68.50% | ★★★★★★ |
| Voith Paper Fabrics India | 0.07% | 10.95% | 9.70% | ★★★★★☆ |
| Indo Tech Transformers | 2.30% | 22.05% | 60.31% | ★★★★★☆ |
| Piccadily Agro Industries | 50.57% | 13.86% | 42.85% | ★★★★★☆ |
| Macpower CNC Machines | 0.40% | 22.04% | 31.09% | ★★★★★☆ |
| Share India Securities | 24.23% | 37.59% | 48.98% | ★★★★☆☆ |
Underneath we present a selection of stocks filtered out by our screen.
Arkade Developers
Simply Wall St Value Rating: ★★★★★☆
Overview: Arkade Developers Limited operates as a real estate development company in India with a market cap of ₹28.89 billion.
Operations: Arkade Developers generates revenue primarily from real estate development, amounting to ₹6.35 billion.
Arkade Developers recently completed an IPO raising INR 4.1 billion, a notable step for the company. Over the past year, earnings surged by 141.9%, significantly outpacing the Real Estate industry’s 24.1% growth rate. The company's net income for FY2024 was INR 1,228 million compared to INR 508 million last year, with basic earnings per share at INR 8.08 from INR 3.34 previously. Arkade's EBIT covers interest payments by a strong factor of 12x and its net debt to equity ratio stands at a satisfactory level of 14%.
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 capitalization of ₹104.61 billion.
Operations: JSW Holdings generates revenue primarily from investing and financing activities, amounting to ₹1.71 billion. The company's net profit margin stands at 92%.
JSW Holdings has shown mixed performance recently, with revenue for Q1 2024 at INR 272.32 million and net income rising to INR 525.81 million from INR 243.57 million a year ago. The company reported basic earnings per share of INR 47.38 compared to INR 21.95 last year, reflecting significant growth despite a negative earnings trend (-47.5%) over the past year versus the industry average of 63.2%. Notably, JSW Holdings is debt-free and was recently added to the S&P Global BMI Index on September 23, 2024, enhancing its market visibility.