Discovering Hidden Treasures In India With These 3 Undiscovered Gems
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The Indian market has shown impressive resilience, with the Utilities sector gaining 4.5% while the overall market remained flat last week and up 45% over the past year. With earnings forecasted to grow by 17% annually, identifying stocks that combine strong fundamentals with growth potential is crucial for investors looking to capitalize on these favorable conditions.
Top 10 Undiscovered Gems With Strong Fundamentals In India
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Wealth First Portfolio Managers | NA | -47.95% | 40.47% | ★★★★★★ |
| Vidhi Specialty Food Ingredients | 7.07% | 13.43% | 5.94% | ★★★★★★ |
| NGL Fine-Chem | 12.35% | 15.70% | 9.76% | ★★★★★★ |
| TCPL Packaging | 95.84% | 15.51% | 31.89% | ★★★★★☆ |
| Piccadily Agro Industries | 50.57% | 13.78% | 39.75% | ★★★★★☆ |
| Nibe | 33.91% | 81.20% | 80.04% | ★★★★★☆ |
| Insolation Energy | 88.64% | 163.87% | 419.31% | ★★★★★☆ |
| JSW Holdings | NA | 21.35% | 22.41% | ★★★★★☆ |
| Magadh Sugar & Energy | 85.41% | 6.90% | 11.82% | ★★★★☆☆ |
| Sanstar | 50.30% | 37.73% | 58.24% | ★★★★☆☆ |
Here we highlight a subset of our preferred stocks from 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 ?144.47 billion.
Operations: GPIL generates revenue primarily from the manufacturing of steel products, amounting to ?54.55 billion. The company has a market cap of ?144.47 billion.
Godawari Power & Ispat (GPIL) has shown impressive growth, with earnings increasing by 17.9% over the past year, outpacing the Metals and Mining industry. The company's debt to equity ratio has significantly improved from 141.1% to 1.1% in five years, indicating better financial health. Recently, GPIL repurchased 2.15 million shares for ?3 billion and received approval to expand its pellet plant capacity from 2.7 MTPA to 4.7 MTPA at Siltara Industrial Area, Raipur.
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Click to explore a detailed breakdown of our findings in Godawari Power & Ispat's health report.
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Evaluate Godawari Power & Ispat's historical performance by accessing our past performance report.
Jammu and Kashmir Bank
Simply Wall St Value Rating: ★★★★☆☆
Overview: The Jammu and Kashmir Bank Limited provides various banking products and services, with a market cap of ?128.79 billion.
Operations: J&K Bank's revenue streams primarily include ?27.83 billion from Treasury Operations, ?25.32 billion from Corporate/Wholesale Banking, and ?81.08 billion from Retail Banking - Other Retail Banking.
Jammu and Kashmir Bank, with total assets of ?1,549B and equity of ?126.9B, reported a robust earnings growth of 37.6% over the past year, outpacing the banking industry average of 23%. The bank's price-to-earnings ratio stands at an attractive 6.9x compared to the Indian market's 34.6x. Despite high non-performing loans at 4%, it benefits from primarily low-risk funding sources (93%). Revenue is projected to grow by nearly 19% annually.