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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

Stocks to watch: These small-cap stocks will be in focus tomorrow!
Stocks to watch: These small-cap stocks will be in focus tomorrow!

Stocks to watch: These small-cap stocks will be in focus tomorrow!

Voltamp Transformers, Lancer Container Lines, Dangee Dums, Automotive Axles, Varun Beverages, Motherson Sumi Wiring, and Rolex Rings made a fresh 52-week high today

Armaan Madhani Article rating: 4.6

BSE Smallcap index climbed 0.94 per cent to close at 25,239.68.

 

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