Three Undiscovered Gems In India To Enhance Your Portfolio
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The Indian market is up 1.8% over the last week and has surged by 46% over the past 12 months, with earnings forecasted to grow by 17% annually. In this thriving environment, identifying lesser-known stocks with strong potential can be a strategic way to enhance your portfolio.
Top 10 Undiscovered Gems With Strong Fundamentals In India
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Shree Digvijay Cement | 0.01% | 13.97% | 16.37% | ★★★★★★ |
| Aeroflex Industries | 0.04% | 14.69% | 33.38% | ★★★★★★ |
| AGI Infra | 61.29% | 29.12% | 33.44% | ★★★★★★ |
| Gallantt Ispat | 18.85% | 37.56% | 37.26% | ★★★★★☆ |
| Voith Paper Fabrics India | 0.07% | 10.95% | 9.70% | ★★★★★☆ |
| Network People Services Technologies | 0.24% | 81.82% | 86.36% | ★★★★★☆ |
| Monarch Networth Capital | 32.66% | 30.99% | 50.24% | ★★★★☆☆ |
| SG Mart | 16.77% | 98.09% | 96.54% | ★★★★☆☆ |
| Vasa Denticity | 0.11% | 38.37% | 48.77% | ★★★★☆☆ |
| Abans Holdings | 91.77% | 13.13% | 18.72% | ★★★★☆☆ |
We're going to check out a few of the best picks from our screener tool.
IIFL Securities
Simply Wall St Value Rating: ★★★★☆☆
Overview: IIFL Securities Limited offers capital market services in the primary and secondary markets in India, with a market cap of ?83.23 billion.
Operations: IIFL Securities Limited generates revenue primarily from capital market activities (?20.25 billion), facilities and ancillary services (?375.25 million), and insurance broking and ancillary services (?2.77 billion).
IIFL Securities, a notable player in India's capital markets, has seen impressive earnings growth of 120.4% over the past year, outpacing the industry average of 63.6%. The company's P/E ratio stands at 13.4x, significantly lower than the Indian market's 33.9x, suggesting it may be undervalued. Additionally, IIFLSEC's net debt to equity ratio has reduced from 117.6% to a satisfactory 67.2% over five years and remains profitable with high-quality earnings despite recent regulatory penalties and executive changes.
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Navigate through the intricacies of IIFL Securities with our comprehensive health report here.
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Gain insights into IIFL Securities' past trends and performance with our Past report.
LT Foods
Simply Wall St Value Rating: ★★★★★★
Overview: LT Foods Limited engages in the milling, processing, and marketing of branded and non-branded basmati rice and rice food products in India, with a market cap of ?128.90 billion.
Operations: LT Foods generates revenue primarily from the manufacture and storage of rice, amounting to ?81.21 billion. The company's net profit margin is a key financial metric to watch.
LT Foods, a promising player in India's food sector, has shown impressive financial health. Over the past five years, its debt to equity ratio improved from 116.4% to 26.8%, and interest payments are well covered by EBIT at 10.8x coverage. Recent earnings grew by 35.7%, outpacing the industry average of 15%. Trading at a P/E ratio of 21.1x, it's below the Indian market's average of 33.9x, indicating good value relative to peers and industry standards.