Discover These 3 Undiscovered Gems In India With Strong Fundamentals

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The Indian market has shown impressive momentum, rising 1.2% over the last week and up 41% over the past 12 months, with earnings expected to grow by 17% per annum over the next few years. In this thriving environment, stocks with strong fundamentals stand out as potential gems for investors seeking robust growth opportunities.

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%

★★★★★★

All E Technologies

NA

40.78%

31.63%

★★★★★★

Aeroflex Industries

0.04%

14.69%

33.38%

★★★★★★

Pearl Global Industries

72.24%

19.89%

41.91%

★★★★★☆

Indo Amines

82.32%

17.15%

19.98%

★★★★★☆

Om Infra

13.99%

43.36%

27.66%

★★★★★☆

Network People Services Technologies

0.24%

81.82%

86.35%

★★★★★☆

Piccadily Agro Industries

50.57%

13.86%

42.85%

★★★★★☆

Lotus Chocolate

13.51%

28.10%

-6.06%

★★★★★☆

Abans Holdings

91.77%

13.13%

18.72%

★★★★☆☆

Click here to see the full list of 473 stocks from our Indian Undiscovered Gems With Strong Fundamentals screener.

Let's review some notable picks from our screened stocks.

BF Investment

Simply Wall St Value Rating: ★★★★★☆

Overview: BF Investment Limited operates as a non-deposit taking investment company in India with a market cap of ?22.59 billion.

Operations: The primary revenue stream for BF Investment Limited comes from investments in financial instruments, amounting to ?443.05 million.

BF Investment, a small-cap entity in India, has demonstrated impressive financial health. Over the past year, earnings surged by 99.5%, outpacing the Capital Markets industry's 63.2%. The company reported Q1 2024 revenue of ?77.23 million (up from ?59.3 million) and net income of ?1,826.11 million (up from ?563.01 million). With a P/E ratio of 4x compared to the Indian market's 34x and no debt on its balance sheet, BF Investment stands out as an undervalued gem with robust growth potential.

NSEI:BFINVEST Earnings and Revenue Growth as at Sep 2024
NSEI:BFINVEST Earnings and Revenue Growth as at Sep 2024

Ecos (India) Mobility & Hospitality

Simply Wall St Value Rating: ★★★★★☆

Overview: Ecos (India) Mobility & Hospitality Limited offers chauffeured car rental and employee transportation services in India and internationally, with a market cap of ?33.53 billion.

Operations: Ecos (India) Mobility & Hospitality Limited generates revenue primarily from providing transport and car hire services, amounting to ?5.54 billion. The company's financial performance includes key metrics such as net profit margin, which is critical for assessing profitability.