Low PE high ROE multibagger stock: Don’t miss action in this power stock that has announced stock split!

The stock has a PE of 10.57x whereas the sectoral PE is 23x with an ROE of 34.81 and multibagger returns of 397.96 per cent in the last 2 years.

Today, shares of K.P. Energy Ltd surged 1.46 per cent to Rs 329.10 per share with an intraday high of Rs 330 and low of Rs 318.85. The stock has a 52-week high of Rs 488.55 and a 52-week low of Rs 140.70.  

K.P. Energy (BSE Script Code: 539686) in its latest press release announced a sub-division/split of equity shares of the Company having a face value of Rs 10 each, fully paid up into 2 equity shares having a face value of Rs 5 each fully paid-up. The company verified the record date as Friday, March 10, 2023.  

K.P. Energy Limited is a balance of plant (BoP) solution provider for the wind energy industry. The company engages throughout the development process of wind farms, right from conceptualization until the commissioning of the project.   

Talking about finances, this power company has a market cap of Rs 365.85 crore. In Q3FY23, net sales rose by 52.12 per cent and net profit rose by 71.43 per cent compared to Q3FY22.  

The stock has a PE of 10.57x whereas the sectoral PE is 23x with an ROE of 34.81. The stock gave 24.28 per cent in the last 1 year and multibagger returns of 397.96 per cent in the last 2 years. Investors should keep a close eye on this Small-Cap stock.