A business with a low PBV ratio and a high ROE can make a good investment for a variety of reasons.

The company reported highest ever operational revenue and highest ever quarterly EBITDA in Q3FY23

With a spurt in volume, shares of the company concluded the Friday's trading session more than 5 per cent higher!

Despite being a small cap company, it has established itself as a prominent player in the industrial industry

The scrip witnessed a massive spurt in volume as it witnessed back-to-back upper circuit in the last 2 trading sessions.   

The company’s net profitability of the company jumped by more than 320 per cent from the corresponding quarter last year

Healthy revenue growth and steady profit margins are expected to help the group maintain healthy coverage metrics despite working capital intensive nature of operations

What's even more impressive is that most of these gains were registered in the last six months, as the stock rose 236 per cent during this period.

For the nine months ended December 2022, company reported a consolidated net profit of Rs. 24.67 crore (PAT margin 16.1 per cent), growth of 186.7 per cent Y-o-Y. Total income during the period was reported at Rs. 153.70 crore, rise of 25.3 per cent Y-o-Y.

The company's net profit zoomed by more than 150 per cent from the corresponding quarter in the previous year, reaching Rs 13.92 crore