High ROE & High ROCE stock below Rs 5: This penny stock was locked in upper circuit on April 19

In just 5 days, the shares of the company were up by 33.33 per cent.

At closing bell, the Indian indices ended the day in the red. Sensex was down by 0.27 per cent and Nifty-50 was down by 0.23 per cent. About 1,811 shares had advance, 1,701 had declines and 121 were unchanged on BSE.  

Today, one of the Top Gainers on BSE, shares of Tarapur Transformers Ltd zoomed 20 per cent upper circuit to Rs 3.78 per share from its previous closing of Rs 3.15. The shares have a 52-week high of Rs 6.50 and a 52-week low of Rs 2.85.  

The stock has an ROE of 113.16 per cent and a ROCE of 25.77 per cent. In just 5 days, the shares of the company were up by 33.33 per cent.
Tarapur Transformers Ltd is in the business of manufacturing, repairing and refurbishing of power transformers.  

Talking about the financials, this micro-cap company has a market cap of 7.37 crore. The company has reduced the debt in the previous financial year and currently is debt free. The company have delivered good profit growth of 34.75 per cent CAGR over last 5 years.  

Today, the shares of the company saw a spurt in volume by more than 16.49 times on BSE and total quantity traded were 96,736 shares.