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 / Wednesday, October 11, 2023 / 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