Discover 3 Undiscovered Gems in India with Promising Potential

In This Article:

The Information Technology sector gained 5.2% while the market remained flat over the last week, yet the overall market is up 44% over the past year with earnings forecast to grow by 17% annually. In this thriving environment, identifying stocks with strong fundamentals and growth potential can be key to capitalizing on India's dynamic market landscape.

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%

★★★★★★

Wealth First Portfolio Managers

NA

-47.95%

40.47%

★★★★★★

Aeroflex Industries

0.04%

14.69%

33.38%

★★★★★★

Le Travenues Technology

10.32%

26.39%

67.32%

★★★★★★

TCPL Packaging

95.84%

15.51%

31.89%

★★★★★☆

Master Trust

37.05%

27.57%

41.99%

★★★★★☆

Insolation Energy

88.64%

163.87%

419.31%

★★★★★☆

JSW Holdings

NA

21.35%

22.41%

★★★★★☆

Sky Gold

127.01%

22.02%

48.03%

★★★★☆☆

Innovana Thinklabs

13.59%

12.51%

20.01%

★★★★☆☆

Click here to see the full list of 457 stocks from our Indian Undiscovered Gems With Strong Fundamentals screener.

Here's a peek at a few of the choices from the screener.

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 ?117.75 billion.

Operations: LT Foods generates revenue primarily from the manufacture and storage of rice, amounting to ?81.21 billion. The company's financial performance is influenced by its cost structure related to these operations.

Earnings for LT Foods grew by 35.7% last year, outperforming the Food industry's 13.9%. The debt to equity ratio has significantly improved from 116.4% to 26.8% over five years, reflecting better financial health, and net debt to equity is at a satisfactory 25.3%. Trading below fair value by 1.9%, it offers good relative value in its sector while maintaining high-quality earnings and positive free cash flow, making it an intriguing prospect in India's market landscape.

NSEI:LTFOODS Debt to Equity as at Aug 2024
NSEI:LTFOODS Debt to Equity as at Aug 2024

Marksans Pharma

Simply Wall St Value Rating: ★★★★★★

Overview: Marksans Pharma Limited, along with its subsidiaries, focuses on the research and development, manufacturing, marketing, and sale of generic pharmaceutical formulations globally and has a market cap of ?99.76 billion.

Operations: Marksans Pharma Limited generates revenue primarily from its pharmaceutical segment, which reported ?22.68 billion. The company focuses on the research and development, manufacturing, marketing, and sale of generic pharmaceutical formulations globally.