Stocks below Rs 100: Investors should keep an eye on these low PE and high ROE stocks.

The benchmark indices were trading mixed this week. On Friday, BSE Sensex closed on a negative note, down around 389.01 points or 0.62 per cent at 62,181.67.

The benchmark indices were trading lower this week. On Friday, BSE Sensex closed on a negative note, down around 461.22 points or 0.75 per cent at 61,337.81. About 1,334 shares had advanced, 2,213 declined and 105 were unchanged. 

Addi Industries has a market cap of Rs 42.1 crore. The company is engaged in manufacturing and exporting cotton hosiery and knitted fabrics of cotton and wool blends. The company also produces acrylic and worsted yarn.

Himalaya Food International Ltd has a market cap of Rs 143 crore. It operates as a frozen and canned food processing company. The company produces dairy, mushrooms, french fries and potato specialty products, appetizers, snacks, and sweets. Himalaya Food International serves customers worldwide.

Jindal Cotex Ltd has a market cap of Rs 11.2 crore. It is engaged in the manufacturing and sales of textiles as well as the generation and sale of energy from windmills.

Sunraj Diamond Ltd has a market cap of Rs 3.25 crore. It is engaged in the business of manufacturing, trading and exporting gold jewelry, cut and polished diamond and silver items.

Decipher Labs Ltd has a market cap of Rs 30.6 crore. It manufactures and trades pharmaceutical drugs in India. The company also provides IT consultancy services including technology integration and systems consulting, a software development consulting and management of IT projects.

Stocks with low PEs and high ROEs are cheap, have the potential to rise in the future and are good at generating income and growth through equity financing.

Following are the stocks below Rs 100 with low PE and high ROE: