Low PE stock below Rs 50: Board likely to announce rights issue; declares stellar H2FY23 and FY23 results!
Low PE stock below Rs 50: Board likely to announce rights issue; declares stellar H2FY23 and FY23 results!

Low PE stock below Rs 50: Board likely to announce rights issue; declares stellar H2FY23 and FY23 results!

The stock has a PE of 10.50x whereas the sectoral PE is 33x.

Kiran Shroff Article rating: 5.0

Rex Pipes and Cables Industries Ltd trades in water pumps, flat cables and pipes. The net sales increased by 29.72 per cent to Rs 66.17 crore and the net profit increased by 65.37 per cent to Rs 1.75 crore in H2FY23 compared to H2FY22. The net sales increased by 15.53 per cent to Rs 117.64 and the net profit increased by 89.67 per cent to Rs 3.62 in FY23 compared to FY22.

Multibagger stock under Rs 10: Small-cap stock soars on mega expansion plan; Nomura Singapore Ltd increases stake!
Multibagger stock under Rs 10: Small-cap stock soars on mega expansion plan; Nomura Singapore Ltd increases stake!

Multibagger stock under Rs 10: Small-cap stock soars on mega expansion plan; Nomura Singapore Ltd increases stake!

The shares of the company have a PE of 17x, a ROE of 40 per cent and a ROCE of 47 per cent. 

Kiran Shroff Article rating: 4.6

Mishtan Foods has a market cap of Rs 851 crore. The company has reduced its debt and delivered good profit growth of 80 per cent CAGR over the last 5 years. In the last financial year, the company declared bonus shares in the ratio 1:1 and a dividend of Rs 0.0010 per share for a face value of Rs 1.

This multibagger heavy electrical company bags 100 MW order for its 3.3 MW turbines!
This multibagger heavy electrical company bags 100 MW order for its 3.3 MW turbines!

This multibagger heavy electrical company bags 100 MW order for its 3.3 MW turbines!

The stock delivered impressive returns, surging 63 per cent in 1 year and astonishingly skyrocketing over 350 per cent in just 3 years.

Kiran Shroff Article rating: 3.7

On Thursday, shares of Inox Wind Ltd zoomed 4.51 per cent to Rs 149.40 per share with an intraday high of Rs 151 and an intraday low of Rs 1142.90.  The shares of the company saw a spurt in volume by more than 2.19 times on BSE.

Low PE high ROE multibagger stock: Don’t miss the action in this power stock that receives a project of 140 MW!
Low PE high ROE multibagger stock: Don’t miss the action in this power stock that receives a project of 140 MW!

Low PE high ROE multibagger stock: Don’t miss the action in this power stock that receives a project of 140 MW!

The stock gave multibagger returns of 231 per cent from its 52-week low of Rs 70.35 per share.

Kiran Shroff Article rating: 4.3

Talking about finances, this power company has a market cap of Rs 516 crore. The net sales increased by 38 per cent and the net profit increased by 200.71 per cent with EPS of Rs 6.76 in Q4FY23 compared to Q4FY22. The net sales increased by 74.86 per cent and the net profit increased by 146.59 per cent with EPS of Rs 19.75 in FY23 compared to FY22.     

Back-to-back 52-week high: This blue-chip company aims to expand electric range wants premium push; do you own it?
Back-to-back 52-week high: This blue-chip company aims to expand electric range wants premium push; do you own it?

Back-to-back 52-week high: This blue-chip company aims to expand electric range wants premium push; do you own it?

The company intends to launch new entry-level models to appeal to a broader range of customers. 

Vaishnavi Chauhan Article rating: 4.5

On the sales front, Hero MotoCorp sold more than 5.19 lakh units of motorcycles and scooters in May 2023.

Multibagger from its 52-week low: This small-cap company receives an order worth Rs 30.27 crore!
Multibagger from its 52-week low: This small-cap company receives an order worth Rs 30.27 crore!

Multibagger from its 52-week low: This small-cap company receives an order worth Rs 30.27 crore!

The stock gave multibagger returns of 280 per cent in just 1 year whereas BSE Sensex Index is just up by 15.15 per cent.

Kiran Shroff Article rating: 3.9

The company reported excellent numbers in its both half-yearly results and annual results. The net sales increased by 50.69 per cent and net profit increased by 57.57 per cent in H2FY23 over H2FY22. The net sales increased by 40.99 per cent and the net profit increased by 40.24 per cent in FY23 over FY22.

RSS
1345678910Last

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Investment in securities market are subject to market risks.Read all the related documents carefully before investing.
Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.