New Delhi, Sept. 19 -- The concept of "value" has become a central theme in the Indian stock market. A growing number of investors are moving past speculative hype to seek out companies that, while not glamorous, possess a strong fundamental core. This is the essence of value investing: identifying fundamentally robust businesses that are currently overlooked by the market.

Often, the most promising opportunities are hidden in plain sight. A simple yet effective method to identify these early is by examining a company's book value. A stock trading below its book value, particularly when the company has low debt and consistent earnings, may indicate that the market is undervaluing a potential leader.

With this in mind, here are four high...