Government of Gujarat backed - high ROE & high ROCE multibagger gas stock signs MoU with Indian Oil Corporation Ltd
Government of Gujarat backed - high ROE & high ROCE multibagger gas stock signs MoU with Indian Oil Corporation Ltd
The shares of the company have an ROE of 24 per cent and an ROCE of 31 per cent.
The stock is up by 47 per cent from its 52-week low of Rs 397.20 per share and gave multibagger returns of 263 per cent in 5 years.
1,870 per cent returns: This multibagger company receives new orders worth Rs 5,71,50,41,840 from BPCL, IOCL & HPCL!
The stock gave multibagger returns of 260 per cent in 3 years and a whopping 1,870 per cent in a decade.
The stock gave multibagger returns of 260 per cent in 3 years and a whopping 1,870 per cent in a decade.
2200 per cent returns: This multibagger renewable energy company bags new order from Indian Oil Corporation worth Rs 1.59 crore!
Shares of the company gained more than 60 per cent in the last six months.
Shares of the company gained more than 60 per cent in the last six months.
160 per cent returns: This multibagger energy company forms JV with Sun Mobility Pvt Ltd and plans to raise Rs 22,000 crore via rights issue!
The stock is up by 70 per cent in just 3 years and over 160 per cent in 1 decade.
Indian Oil Corporation Limited (Indian Oil) and Praj Industries Limited (Praj) signed a term sheet to advance plans to strengthen biofuel production capacities in India. Various biofuels covered under this MoU include Sustainable Aviation Fuel (SAF), Ethanol, Compressed Bio-Gas (CBG), Biodiesel and Bio-bitumen among others.
Back-to-back 52-week highs in this multibagger stock: Heavy buying witnessed as the board approves rights issue!
The stock is up by 75 per cent in just 3 years and over 160 per cent in 1 decade.
Indian Oil Corporation Limited (IndianOil) and Praj Industries Limited (Praj) signed a term sheet to advance plans to strengthen biofuel production capacities in India. Various biofuels covered under this MoU include Sustainable Aviation Fuel (SAF), Ethanol, Compressed Bio-Gas (CBG), Biodiesel and Bio-bitumen among others.
500 per cent returns in this multibagger stock: This ethanol company forms a JV with Indian Oil Corporation Ltd!
The stock gave multibagger returns of 505 per cent in just 3 years whereas as BSE Sensex Index is up by 78 per cent.
The Board of Directors proposed a final dividend of Rs 4.50 per equity share or 225 per cent of the face value of Rs 2 per equity share, for the financial year ended 31 March 2023, which is subject to the approval of shareholders at the forthcoming AGM. Furthermore, the company has an order book of Rs 3,414 crore as of March 31, 2023.
Back-to-back 52-week highs in this multibagger PSU stock; Board likely to announce rights issue!
The stock is up by 70 per cent in just 3 years and over 160 per cent in 1 decade.
The company has accorded ‘in-principle’ approval to carry out pre-project activities including the preparation of a detailed feasibility report for setting up Paradip Petrochemical Complex at Paradip, Odisha at an estimated project cost of Rs 61,077 crore.
PSU power company sees marginal gain on joint venture with Indian Oil Corporation Ltd
The stock has a PE of 9.86x whereas the sectoral PE is 28.70x with multibagger returns of over 200 per cent in 1 decade.
Both companies are public sector undertakings, with the majority ownership held by the President of India (NTPC Ltd holds a stake of 51.10 per cent, while Indian Oil Corporation Ltd holds a stake of 51.50 per cent).
From Alcohol to Jet: This company join hands with AirAsia India and IOCL in making history – know more here!
The stock has a ROE of 25 per cent and a ROCE of 27 per cent with multibagger returns of 570 per cent in just 3 years.
This achievement demonstrates the commitment of Air India group, IOCL, and Praj Industries, with the support of the Ministry of Civil Aviation and the Ministry of Petroleum and Natural Gas, to develop and promote indigenous solutions for sustainable aviation.
Maharatna PSU oil refinery reports robust returns in net profit, hits new 52-week high!
Board recommended a final dividend of Rs 3 per equity share.
Board recommended a final dividend of Rs 3 per equity share.
Overnight Digest: Stocks to keep an eye on May 17!
Watch out for these large-cap stocks in Wednesday’s trading session!
Watch out for these large-cap stocks in Wednesday’s trading session!
Rs 1,000 crore project: This PSU company plans to make green jet fuel to fulfil the rising demand!
The shares of the company saw a spurt in volume by more than 1.16 times on BSE.
Today, shares of the climbed 0.81 per cent to Rs 83.34 per share with a day’s high of Rs 84.50 and low of Rs 82.86.