Low PE & high ROE multibagger stock with 25,000 per cent returns: Board allots of 1,46,061 shares on conversion of warrants on a preferential basis! Low PE & high ROE multibagger stock with 25,000 per cent returns: Board allots of 1,46,061 shares on conversion of warrants on a preferential basis! The stock gave multibagger returns of 151 per cent in just 1 year; 3,900 per cent in 3 years and a whopping 25,000 per cent in 5 years. Kiran Shroff / Friday, June 28, 2024 / Article rating: 4.2 The shares of the company have a PE of 11.5x whereas the sectoral PE is 19x with an ROE of 86 per cent & an ROCE of 84 per cent.
Promoter was allocated 2,00,00,000 shares and non-promoters were allocated 3,61,00,000 shares of this penny stock below Rs 6 Promoter was allocated 2,00,00,000 shares and non-promoters were allocated 3,61,00,000 shares of this penny stock below Rs 6 From Rs 2.66 per share (52-week low) to today’s intraday high of Rs 4.99 per share, the stock gave 87.6 per cent returns. Kiran Shroff / Friday, April 19, 2024 / Article rating: 3.4 From Rs 2.66 per share (52-week low) to today’s intraday high of Rs 4.99 per share, the stock gave 87.6 per cent returns.