Do you own this Low PE, High ROE stock with a positive financial trend that made a fresh all-time high on July 29?

The company is almost debt free and has delivered good profit growth of 37.68 per cent CAGR over the last 5 years.

The shares of Sree Rayalaseema Hi Strength Hypo Ltd (SRHSHL) made an all-time high on July 29. The shares of SRHSHL jumped higher by nearly 15 per cent on Friday, catching investors’ attention.

The shares of Sree Rayalaseema are trading with a low multiple of 10.9 and the ROE is 21.4 indicating high management efficiency.

The company is almost debt free and has delivered good profit growth of 37.68 per cent CAGR over the last 5 years. The shares of Sree Rayalaseema jumped higher by more than 54 per cent in one month and are up by more than 93 per cent in 1 year. In 2022 alone the shares of Sree Rayalaseema are higher by 92 per cent when BSE Sensex is down by approx.3 per cent.

In the past five years, the shares of Sree Rayalaseema have jumped higher by approx.400 per cent thus multiplying the wealth of investors.

Technically the stock is in the bullish zone. The shares of Sree Rayalaseema jumped higher on Friday's trading session with a huge surge in volume indicating the interest of investors and momentum traders. Sree Rayalaseema should be on your watchlist.

Incorporated in 2005, Sree Rayalaseema Hi-Strength Hypo Limited is based in Kurnool, Andhra Pradesh, and is part of the TGV group. It is a leading producer of Calcium Hypochlorite, Stable Bleaching Powder, Sulphuric Acid, and other chemicals.