High ROE & high ROCE stock: This micro-cap company receives an order worth Rs 150 lakh!

The stock has a ROE of 67.80 per cent and a ROCE of 41.50 per cent.

EP Biocomposites Limited informed that the company has received an order for the manufacturing, supplying, transporting and installation of garden benches at various locations all over Goa from a major Government of Goa Undertaking. The order value is approximately Rs 150 lakh

EP Biocomposites Limited manufactures environment-friendly architectural products. The company offers bio-digester toilets, effluent treatment plants, FRP doors, and passive fire protection products. EP Biocomposites serves customers in India. 

According to the financial, the company reported positive numbers in its half-yearly results and annual results. The net sales increased by 173.22 per cent and net profit increased by 125 per cent in FY22 over FY21. The stock has a ROE of 67.80 per cent and a ROCE of 41.50 per cent.

On June 05, 2023, shares of EP Biocomposites Limited plunged 1.52 per cent to Rs 192 per share from its previous closing of Rs 194.95. The stock has a 52-week high of Rs 364.25 and a 52-week low of Rs 160.25. Investors should keep an eye on this stock.