This contract is in addition to the existing business with Tata Steel Limited and other clients.

Today, the stock of this company was locked at 20 per cent at Rs 111.60

The shares of this company are trading at a PE multiple of 17.60 and an ROE of 17.55, all of which point to strong managerial performance.

The stock has increased by more than 200 per cent, while the BSE Sensex has increased just by 13.80 per cent in 6 months.

Navoday Enterprises Ltd is trading at a PE multiple of 9.65 and an ROE of 7.65 per cent, all of which point to strong managerial performance.

The stock is up by 5.97 per cent in one day while BSE Sensex is just up by 0.45 per cent in one day.   

This stock is trading at a PE multiple of 23.60 and an ROE of 1.59, all of which points to strong managerial performance.

However, there is no fixed template when it comes to selecting stocks, as what suits one’s investing style may not be appropriate for the another individual. However, one of the famous checklists, which is used by many renowned investors might help you to pick a needle from a haystack! 

On the back of negative global trends, Nifty 50 started off lower. In this post, we have highlighted the best mid-cap companies with strong ROCE and low PE.