Do you own this low PE, high growth, high RoE company that trades at an all-time high?

At the current price, the stock is available at a PE of 8.87 while the RoE is close to 20 for this high-growth company.

The shares of TGV SRAAC, formerly Sree Rayalaseema Alkalies & Allied Chemicals Limited, were seen making fresh all-time highs during Thursday's trading session thereby, catching investors’ attention. Its shares got locked in the upper circuit on Thursday after jumping approximately 20 per cent on an intraday basis.   

The shares of TGV SRAAC soared more than 41 per cent in the past one month while in 2022 alone, they surged over 116 per cent.   

At the current price, the stock is available at a PE of 8.87 while the RoE is close to 20 for this high-growth company. TGV SRAAC has delivered a profit growth of 51.9 per cent CAGR in the past five years. The company has delivered above-average operating profit growth QoQ and is available at discount to its peers.  

TGV SRAAC Ltd is engaged in the production of chlor-alkali products, chloromethane, castor derivatives, and fatty acids. It is the flagship company of TGV Group, which has a presence in industries such as healthcare products, aquaculture, real estate, pharmaceuticals, industrial chemicals, and hospitality.  

Long-term investors can put this stock on their watchlist!