$NMDC

As India’s largest iron ore miner, NMDC is the backbone of the steel industry. They have a massive volume growth plan, aiming to jump from 16 million tons to 100 million metric tons in the coming years. Beyond iron, they are strategically entering coal and rare mineral mining to challenge global monopolies. The stock is currently priced attractively with a P/E of just 10, significantly cheaper than its steel-making peers. Its operating margins are a healthy 28.87%, and recent quarterly profits jumped 37%. View: For value seekers, NMDC is a gem. The valuation is incredibly discounted, and the plan to double capacity in 3-4 years provides a clear growth roadmap. While it is a commodity business subject to price swings, the low risk and solid 32.86% compound returns over three years make it an excellent choice for those wanting exposure to India's infrastructure boom.