🔥 59 HIGH-QUALITY SMALL-CAP STOCKS TO TRACK
▪ KRN Heat Exchanger – Beneficiary of industrial and HVAC expansion.
▪ Quality Power – Power transmission equipment player with export focus.
▪ Vintage Coffee – Specialty coffee exporter targeting premium markets.
▪ Apollo Micro Systems – Defence electronics and aerospace solutions provider.
▪ Astra Microwave – Key supplier of RF systems for defence programs.
▪ Krishna Defence – Growing exposure to defence and railway opportunities.
▪ Yatharth Hospital – Expanding healthcare footprint in North India.
▪ Syrma SGS Technology – Fast-growing EMS and electronics manufacturing company.
▪ Sigma Advanced Systems – Defence-focused engineering and technology player.
▪ Emmvee Photovoltaic – Solar module manufacturer benefiting from energy transition.
▪ Atlanta Electricals – Electrical equipment player with industrial exposure.
▪ Senores Pharmaceuticals – Export-oriented pharmaceutical formulations company.
▪ Powerica – Diesel and gas power solutions provider.
▪ Park Medi World – Emerging healthcare infrastructure business.
▪ Aye Finance – MSME-focused lender addressing underserved markets.
▪ Precision Wires India – Leading winding wire manufacturer for power applications.
▪ Universal Cables – Beneficiary of power transmission investments.
▪ Viviana Power Tech – Growing player in power infrastructure projects.
▪ Sansera Engineering – Precision engineering supplier to auto and aerospace sectors.
▪ Pricol – Auto component manufacturer with strong OEM relationships.
▪ V2 Retail – Value retail chain expanding across smaller cities.
▪ GMDC – Mining company benefiting from resource demand.
▪ Raymond Realty – Play on India’s residential real estate growth.
▪ Netweb Technologies – High-performance computing and AI infrastructure player.
▪ ACME Solar Holdings – Renewable energy platform with large growth pipeline.
▪ Modern Insulators – Insulator manufacturer serving power transmission networks.
▪ KSH International – Electrical equipment exporter with global presence.
▪ TD Power Systems – Generator manufacturer benefiting from capex cycle.
▪ Inox India – Cryogenic equipment leader serving industrial gas markets.
▪ Sedemac Mechatronics – Technology-driven auto components company.
▪ Aditya Vision – Consumer electronics retail expansion story.
▪ Bhagyanagar India – Copper products player linked to power demand.
▪ HBL Engineering – Defence, railway and battery technology exposure.
▪ Websol Energy System – Solar cell manufacturer benefiting from localization.
▪ KPI Green Energy – Renewable energy developer with strong execution.
▪ Interarch Building Products – Industrial building solutions provider.
▪ MBEL – Engineering and infrastructure execution company.
▪ Aeroflex Industries – Stainless steel flexible hose manufacturer with exports.
▪ Krishna Institute of Medical Sciences (KIMS) – Efficient hospital chain with expansion plans.
▪ Kernex Microsystems – Railway safety and signaling solutions provider.
▪ Power Mech Projects – EPC leader in power and infrastructure.
▪ Anand Rathi Wealth – Asset-light wealth management business.
▪ Shaily Engineering Plastics – Precision plastics exporter serving global clients.
▪ POCL – Specialty chemicals and lead recycling business.
▪ Tenneco Clean Air – Auto emission and exhaust solutions manufacturer.
▪ Sudeep Pharma – Niche pharmaceutical excipients manufacturer.
▪ Nephrocare Health Services – Specialized kidney care and dialysis provider.
▪ Om Power Transmission – Transmission infrastructure growth play.
▪ Ashapura Minechem – Industrial minerals exporter with global reach.
▪ GNG Electronics – Refurbished electronics and circular economy player.
▪ TruAlt Bioenergy – Biofuel and renewable energy opportunity.
▪ Belrise Industries – Auto components supplier benefiting from vehicle growth.
▪ Kwality Pharmaceuticals – Export-oriented pharmaceutical manufacturer.
▪ Beta Drugs – Oncology-focused pharmaceutical company.
A Hand on a Hot lithium battery, started our venture.
Not another boring story by AI, you will get something out of this I believe.
After my M. Tech in Energy Infrastructure from IITRAM, I did what most people around me expected.
In 2018, I joined Gensol as part of their analytics team. It was a good job. But it lasted ten months. (wrong time to admit it I know :)
What ended it wasn't a bad day or a better offer.
It was a basement.
I walked past some Chinese e-bikes parked down there, looked at them for longer than I should have, and thought: I can build one of these.
That thought is expensive. I left.
I started E-Vega Mobility Labs with Ajay Vashisht (@Ajayv93), who walked away from a job at DRDO to come build something with me. (a real tech wizard, with a high taste to build something useful)
We named it after the Sanskrit word Vega - velocity.
We built prototype after prototype.
We won grants ( from IIT-Gandhinagar, MG Motors, GUSEC etc.)
We had momentum, or what felt like momentum.
And then we failed.
Not gracefully, miserably.
Then COVID arrived and finished whatever was left.
That's the part nobody puts on a slide. But it's also where the real work started.
Learning the hard thing properly
When you fail at building the vehicle, you start asking what actually decides whether the vehicle is any good. For an EV, the answer is always the same: the battery. So I went back to being a student.
I started reading everything I could about batteries and when I got stuck, I did something slightly absurd. I emailed Nobel laureates and asked them what I should read.
Stanley Whittingham, one of the people who essentially invented the lithium-ion battery, actually wrote back with recommendations.
I dove into high-energy-density chemistries, especially lithium, and kept going.
But reading wasn't enough. I started showing up at random EV events, talking to EV people, trying to find a gap that was real not a gap I'd invented in my own head.
The eureka was a pair of bare hands
One day I was with an EV mechanic in Gandhinagar.
I watched him press his bare hands flat against the surface of a lithium battery.
I asked him what he was doing. He told me, completely matter-of-fact, that this was the law of the land for testing lithium batteries.
If it's hot, it's bad. The same way we check a fever palm on the forehead :)
In hindsight, that was it.
The whole company is in that moment.
Because once you see it, you can't unsee it.
Workshops were guessing at battery problems.
Dealers were running on experience and gut.
Customers had no clarity at all.
Fleets were bleeding money to downtime.
Resellers had no idea how to price a used EV. Financiers and insurers had zero battery-level risk visibility.
An entire ecosystem, and at the center of it, the single most important and most expensive component and everyone was checking it with the backs of their hands.
Building for dusty service centres, not perfect labs
I started working on battery diagnostics seriously the key parameters, the causations, what actually goes wrong and why.
The first prototype I named RTM-42: Rapid Testing Machine. The 42 was for Mark-42, the Iron Man suit. We were allowed our small poor jokes and fantasies of naming things
The years that followed were not glamorous.
They were field visits, failed tests, hardware iteration after hardware iteration, battery pack studies, safety research, and a lot of sitting with technicians and listening.
We weren't building for a clean lab.
We were building for Indian workshops dusty service centres, mixed chemistries, every brand under the sun, almost no documentation, and real customers applying real pressure.
More than 20 prototypes. More than 100 design iterations.
We ran thermal runaway experiments actual lithium battery fires in association with IIT-Gandhinagar, just to get our ML models right and accurate.
You don't get to fake your way through that. The battery either burns the way the model predicted, or your model is wrong.
After all of it, we finally had something real: ML-based battery diagnostics that works. We renamed it EV DOCTOR. Today it is the world's fastest battery testing technology, built on DCIR characterisation and VI profiling.
What it actually does
EV DOCTOR diagnoses the health, safety, and performance of any brand's EV battery along with 10 different ground faults in under 15 minutes. The proprietary ML models behind it are trained on more than 5 million real-time battery datasets.
The World's fastest battery testing technology is Indian btw :)
We build it in Ahmedabad, Gujarat.
From this one city, we've shipped devices to 30 countries.
The business itself is simple.
We sell EV DOCTOR to EV workshops, dealers, battery refurbishers, fleets, OEMs, service chains, and other ecosystem players at just ₹20,000 per device, three-year warranty, lifetime complimentary OTA updates. Along with the hardware comes the software, the diagnostic reports, onboarding, support, updates, and for some, full enterprise deployments and customized workflows.
We partner with EV OEMs, insurers, and service chains. Recently we have started distributors too across India and world (more at
https://
https://t.co/RWoN7DdLV4)
Yes, basically It's a third-party diagnostics tool. To get the truth, without ANY bias.
It helps people make battery decisions they previously had to guess at whether to buy, sell, repair, resell, or insure. The E-3W and E-4W versions are coming next.
Why this matters
We started from Ahmedabad with one simple belief: battery diagnostics shouldn't be locked inside big labs or large OEMs. It should be available to every workshop, dealer, fleet operator, refurbisher, financier, insurer, and customer who depends on knowing the truth about a battery.
What began as a problem I saw in India is now being used across multiple countries by workshops, refurbishers, service teams, ecosystem players. Watching an Indian deeptech product be trusted outside India has been the most satisfying part of all of it.
Because what we're really solving is trust.
In a petrol vehicle, the engine decides most of the value, reliability, and resale. In an EV, that role belongs to the battery. But unless you can test the battery properly, nobody truly knows its health, its safety, its remaining life, or its risk. That blind spot is exactly what EV DOCTOR exists to close.
From mid-2020, this has been the only thing we work on.
The vision is to build the operating system for batteries and eventually for the entire energy infrastructure.(more at https://t.co/Ut77ln684e)
It started with a man putting his bare hand on a hot battery and calling it a test.
We just thought batteries deserved a better one.(@batteryoktech)
Only learning that matters:
Sometimes normal people can do extraordinary things.
After #KshitijPoly, I have found another penny stock with a CMP below ₹8.
Potential upside: 1000%
Stop-loss: ₹4
I will reveal the stock name tomorrow morning.
If you’re new here, like, subscribe, and follow for regular stock market updates and high-potential stock ideas.
Extract from KSH International.
- Hydro Generators
- 765 KV & HVDC Transformers and Reactors
- EV
- DG Set alternators transformers
KSH International is the ultimate beneficiary of P&D and expansion of transformers capacity expansion and Data center capex and grid stabilisation.