Three Undiscovered Gems In India With Promising Potential
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Over the last 7 days, the Indian market has experienced a 4.7% decline, yet it has shown remarkable resilience with a 39% rise over the past year and an annual earnings growth forecast of 17%. In this dynamic environment, identifying stocks with strong fundamentals and growth potential can be key to uncovering undiscovered gems in India.
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% | ★★★★★★ |
| Kokuyo Camlin | 27.11% | 23.20% | 75.70% | ★★★★★★ |
| Le Travenues Technology | 10.32% | 26.39% | 67.32% | ★★★★★★ |
| AGI Infra | 61.29% | 29.16% | 33.44% | ★★★★★★ |
| Om Infra | 13.99% | 43.36% | 27.66% | ★★★★★☆ |
| Nibe | 39.26% | 80.75% | 84.69% | ★★★★★☆ |
| Avantel | 5.92% | 33.97% | 37.33% | ★★★★★☆ |
| BLS E-Services | 1.67% | 15.04% | 51.58% | ★★★★★☆ |
| Abans Holdings | 91.77% | 13.13% | 18.72% | ★★★★☆☆ |
| Rir Power Electronics | 54.23% | 16.42% | 34.78% | ★★★★☆☆ |
We're going to check out a few of the best picks from our screener tool.
Anup Engineering
Simply Wall St Value Rating: ★★★★★☆
Overview: The Anup Engineering Limited, along with its subsidiaries, specializes in manufacturing and fabricating process equipment for diverse industries such as oil and gas, petrochemicals, LNG, fertilizers, chemicals, pharmaceuticals, power, water, paper and pulp, and aerospace in India with a market cap of ?56.17 billion.
Operations: The primary revenue stream for Anup Engineering comes from its engineering products, generating ?5.71 billion.
Anup Engineering, a notable player in the machinery sector, has seen its earnings grow by 68% over the past year, outpacing the industry average of 25.8%. The company recently secured orders worth over ?1 billion from a European EPC contractor for projects in the UAE. With a debt-to-equity ratio rising from 2.6 to 3.9 over five years, Anup holds more cash than total debt and maintains positive free cash flow of ?1.26 billion as of March 2024.
KRN Heat Exchanger and Refrigeration
Simply Wall St Value Rating: ★★★★☆☆
Overview: KRN Heat Exchanger and Refrigeration Limited specializes in the production and sale of aluminium and copper fin and tube-type heat exchangers for the HVACR industry, with a market cap of ?26.30 billion.
Operations: KRN derives its revenue primarily from the manufacture and sale of HVAC parts and accessories, amounting to ?3.08 billion.