Do you own this Low PE, High ROE stock with positive financial trend that made a fresh all-time high ahead of its results?

The company is almost debt free and has delivered good profit growth of 37.68 per cent CAGR over last 5 years.

The shares of Sree Rayalaseema Hi Strength Hypo Ltd (SRHSHL) made an all-time high on Thursday trading session on an intraday basis, trading at Rs 797 per share.  The shares of SRHSHL jumped higher by more than 8 per cent on Thursday, catching investors’ attention.  

The shares of Sree Rayalaseema are trading with a low multiple of 13 and the ROE is 21.4 indicating high management efficiency.  

The company is almost debt free and has delivered good profit growth of 37.68 per cent CAGR over the last 5 years. The shares of Sree Rayalaseema jumped higher by more than 54 per cent in one month and are up by more than 93 per cent in 1 year. In 2022 alone the shares of Sree Rayalaseema are higher by 92 per cent while BSE Sensex is down by nearly 3 per cent.  

In the past five years, the shares of Sree Rayalaseema have jumped higher by nearly 400 per cent thus multiplying the wealth of investors.  

Technically the stock is in the bullish zone. The shares of Sree Rayalaseema jumped higher on the Thursday trading session with the huge surge in volume indicating the interest of investors and momentum traders. 

In one month shares of Sree Rayalaseema are up by more than 77 per cent while in 2022 alone the shares have jumped higher by almost 130 per cent. The company is set to announce its June quarter results on Thursday. The shares of Sree Rayalaseema are seen trading with optimism ahead of its results.   

Incorporated in 2005, Sree Rayalaseema Hi-Strength Hypo Limited is based in Kurnool, Andhra Pradesh, and is part of the TGV group. It is a leading producer of Calcium Hypochlorite, Stable Bleaching Powder, Sulphuric Acid, and other chemicals.