Undiscovered Gems In India Featuring 3 Promising Small Caps

In This Article:

Over the last 7 days, the Indian market has dropped 1.1%, but it has risen by an impressive 41% over the past year, with earnings expected to grow by 17% per annum in the coming years. In this dynamic environment, identifying promising small-cap stocks can be a strategic move for investors looking to capitalize on growth opportunities.

Top 10 Undiscovered Gems With Strong Fundamentals In India

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Bharat Rasayan

8.15%

0.10%

-7.93%

★★★★★★

NGL Fine-Chem

12.95%

15.22%

8.68%

★★★★★★

AGI Infra

61.29%

29.13%

33.44%

★★★★★★

Knowledge Marine & Engineering Works

35.48%

46.55%

46.96%

★★★★★★

TCPL Packaging

95.84%

15.51%

31.89%

★★★★★☆

Kalyani Investment

NA

21.42%

6.35%

★★★★★☆

Magadh Sugar & Energy

85.41%

6.65%

13.60%

★★★★☆☆

Sky Gold

127.01%

22.02%

48.03%

★★★★☆☆

Apollo Micro Systems

38.51%

10.59%

11.93%

★★★★☆☆

SG Mart

16.77%

98.09%

96.54%

★★★★☆☆

Click here to see the full list of 450 stocks from our Indian Undiscovered Gems With Strong Fundamentals screener.

We'll examine a selection from our screener results.

Gallantt Ispat

Simply Wall St Value Rating: ★★★★★☆

Overview: Gallantt Ispat Limited manufactures iron and steel in India and internationally, with a market cap of ?86.89 billion.

Operations: Gallantt Ispat Limited generates revenue primarily through the manufacture and sale of iron and steel products. The company has a market cap of ?86.89 billion.

Gallantt Ispat, a promising player in the metals and mining sector, has seen its debt to equity ratio rise from 8.1% to 18.8% over five years, yet it remains satisfactory at 16.6%. Recent earnings growth of 115.2% outpaces industry averages, reflecting robust performance with net income hitting INR 1.22 billion for Q1 2024 compared to INR 307 million last year. With a P/E ratio of 27.5x below the market average and EBIT covering interest payments by a factor of 16.8x, Gallantt presents an attractive investment case amidst rising revenues and high-quality earnings.

NSEI:GALLANTT Earnings and Revenue Growth as at Aug 2024

Marksans Pharma

Simply Wall St Value Rating: ★★★★★★

Overview: Marksans Pharma Limited, along with its subsidiaries, is involved in the research and development, manufacturing, marketing, and sale of generic pharmaceutical formulations globally and has a market cap of ?97.13 billion.

Operations: Marksans Pharma generates revenue through the sale of generic pharmaceutical formulations globally. The company has a market cap of ?97.13 billion.