Multibagger penny stock below Rs 20: RoE of 358 per cent and trading at 1.42x PE; answering the mystery!
Multibagger penny stock below Rs 20: RoE of 358 per cent and trading at 1.42x PE; answering the mystery!

Multibagger penny stock below Rs 20: RoE of 358 per cent and trading at 1.42x PE; answering the mystery!

Despite reporting an operating loss of 0.25 crore in the recent quarterly performance, it boasts an astounding RoE of 358 per cent. How is it possible for a loss-making company to exhibit such a high RoE?

Karan Dsij Article rating: 4.0

The stock has surged over 350 per cent in the last three years, marking it as a mega multibagger. However, investors are advised to adopt a holistic perspective, considering the intricacies of the company's financials and strategic decisions.

Rs 340 crore contract received: This low PE and high ROE stock stands to benefit from New Education Policy (NEP)
Rs 340 crore contract received: This low PE and high ROE stock stands to benefit from New Education Policy (NEP)

Rs 340 crore contract received: This low PE and high ROE stock stands to benefit from New Education Policy (NEP)

The noteworthy contract was none other than a game-changing deal for the supply of paper dedicated to printing textbooks

Karan Dsij Article rating: 4.6

It trades at a modest price-to-earnings (PE) ratio of 5.45x. However, what truly sets hearts racing is the astonishing Return on Equity (ROE) at 30 per cent. In Q1FY24, the company reported its highest profit in many quarters

Low PE & High ROE Stock: This bio-pharma company signs commercialization agreement with Juno Pharmaceuticals in Canada!
Low PE & High ROE Stock: This bio-pharma company signs commercialization agreement with Juno Pharmaceuticals in Canada!

Low PE & High ROE Stock: This bio-pharma company signs commercialization agreement with Juno Pharmaceuticals in Canada!

The shares of the company have a PE of 11.03x and an ROE of 31.94 per cent with multibagger returns of 375 per cent in a decade.

Kiran Shroff Article rating: 3.3

The shares of the company have a PE of 11.03x and an ROE of 31.94 per cent with multibagger returns of 375 per cent in a decade.

Rs 15,805 crore order book: This civil construction company receives order worth Rs 645.70 crore from Maharashtra State Electricity Distribution Company Limited!
Rs 15,805 crore order book: This civil construction company receives order worth Rs 645.70 crore from Maharashtra State Electricity Distribution Company Limited!

Rs 15,805 crore order book: This civil construction company receives order worth Rs 645.70 crore from Maharashtra State Electricity Distribution Company Limited!

The stock is up by 50 per cent from its 52-week low of Rs 70.10 per share.

Kiran Shroff Article rating: 3.4

Order Book Updates: The company's current order book as of June 30, 2023, stands at Rs 15,805 crore. Furthermore, the company has already secured projects worth more than Rs 3,000 crore for FY23-24, bringing the total order book to Rs 18,805 crore

Low PE high ROE stock below Rs 100: This micro-cap iron manufacturing company receives order worth Rs 3.98 crore from Boilcon Enterprise!
Low PE high ROE stock below Rs 100: This micro-cap iron manufacturing company receives order worth Rs 3.98 crore from Boilcon Enterprise!

Low PE high ROE stock below Rs 100: This micro-cap iron manufacturing company receives order worth Rs 3.98 crore from Boilcon Enterprise!

The stock is up by 95 per cent from its 52-week low of Rs 40.1 per share.

Kiran Shroff Article rating: 5.0

In H2FY23, the net sales increased by 4.5 per cent to Rs 116 crore and net profit increased by 43 per cent to Rs 10 crore compared to H2FY22. The net sales increased by 24 per cent to Rs 228 crore and net profit increased by 89 per cent to Rs 17 crore

Rs 30,461 crore order book: This civil construction company receives orders worth Rs 3,613 crore from National Highways Logistics Management Limited
Rs 30,461 crore order book: This civil construction company receives orders worth Rs 3,613 crore from National Highways Logistics Management Limited

Rs 30,461 crore order book: This civil construction company receives orders worth Rs 3,613 crore from National Highways Logistics Management Limited

The stock has a PE of 9x whereas the industry PE is 28.7x and an ROE of 26.30 per cent.

Kiran Shroff Article rating: 4.0

The company reported positive numbers in its quarterly results (Q1FY24) and annual results (FY23). The net sales increased by 12.10 per cent to Rs 9,482 crore and net profit increased by 74.83 per cent to Rs 1,454 crore in FY23 over FY22.  The stock is up by 25 per cent in just 3 months whereas BSE Sensex Index is up by 5.44 per cent.

Stock under Rs 100: This micro-cap agrochemical company receives orders worth Rs 46.65 lakh!
Stock under Rs 100: This micro-cap agrochemical company receives orders worth Rs 46.65 lakh!

Stock under Rs 100: This micro-cap agrochemical company receives orders worth Rs 46.65 lakh!

The shares of the company have a PE of 14.40x, a ROE of 24 per cent and a ROCE of 18.60 per cent.

Kiran Shroff Article rating: 4.2

The stock of the company was listed on NSE as an SME company with a lot size of Rs 1,600 equity shares on February 03, 2023. The company has a market cap of Rs 50 crore. The net sales increased by 3.15 per cent to Rs 218 crore and net profit skyrocketed 300 per cent to Rs 4 crore.

Low PE high ROE stock under Rs 100: This micro-cap company receives order worth Rs 20.25 crore from Thermax Ltd!
Low PE high ROE stock under Rs 100: This micro-cap company receives order worth Rs 20.25 crore from Thermax Ltd!

Low PE high ROE stock under Rs 100: This micro-cap company receives order worth Rs 20.25 crore from Thermax Ltd!

The shares of the company have a PE of 13.70x and a ROE of 57.30 per cent.

Kiran Shroff Article rating: 3.7

The company has a market cap of Rs 77 crore. According to the annual results, the net sales increased by 64.55 per cent to Rs 181 crore and the net profit skyrocketed by 200 per cent to Rs 6 crore in FY23 compared to FY22.  

Hidden Gem: PSU Stock Achieves Impressive 62 Per Cent Post-Tax Profit Increase, Secures Rs 91,000 Crore Orders and Announces Dividend!
Hidden Gem: PSU Stock Achieves Impressive 62 Per Cent Post-Tax Profit Increase, Secures Rs 91,000 Crore Orders and Announces Dividend!

Hidden Gem: PSU Stock Achieves Impressive 62 Per Cent Post-Tax Profit Increase, Secures Rs 91,000 Crore Orders and Announces Dividend!

The stock has a PE of 5.50x, an ROE of 89.69 per cent and a ROCE of 60 per cent.

Kiran Shroff Article rating: 4.3

The company has been maintaining a healthy dividend payout of 60.8 per cent with a dividend yield of 8.53 per cent.  

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