Several Indian shares are directly or indirectly related to happenings in China whether it is metal, IT or pharma. For example, metal stocks are directly impacted due to a crash in metal prices on account of slowing growth in China.

Here are 3 such shares that are fundamentally sound and domestic stories.

Force Motors

The shares of Force Motors has been rallying, but, has fallen from highs of Rs 3300. The company recently began making engines for Mercedes and BMW through its Chennai plant. The company is an automobile company, which produces small commercial vehicles, multi-utility vehicles (MUV), Light Commercial Vehicles, Sports Utility Vehicles and Agricultural Tractors.

The management in a recent interview suggested that it could continue doing well this year and margins were expected to expand. The company reported an EPS of Rs 27 for the first quarter ending June 30, 2015. It can easily report an EPS of 110 for the full year 2015-16. At the current market price of Rs 2200, this translates into an p/e of just 20. The share is a good buy at the current levels

SUN TV

Sun TV Network is a pure domestic play. Recently, the company was in the news due to worries over the possibility of license cancellations. That is behind now. Sun TV is a leading player in the TV broadcast business and owns 33 channels with a solid presence in the South.

Recently, the company tied up with HOOQ for video on demand services. The company also has bid for FM licences and is a leading player in the FM business through Red FM. Fundamentally, the stock is trading at a price to earnings multiple of just 15 times one year forward. Zee Entertainment commands a significantly higher p/e multiple. With solid growth prospects going Sun TV share is a good bet.

Kaveri Seeds

Kaveri Seeds is a domestic player in the seed business catering to the agricultural sector. The share price has halved recently owing to worries over cotton acreage. However, the management has hinted that this year maybe a little difficult one for the company and things could be on track in 20161-17.

Nonetheless, the stock is quoting at a p/e of just 13 times its trailing EPS. The stock has fallen from Rs 1060 to Rs 490. Not a bad bet at the current levels.

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