High ROE & ROCE multibagger stock: This small-cap company bags business with WSSL Alloy Steel Ltd; likely to announce dividend!

The stock is up by 32 per cent in 1 year and over 450 per cent in just 2 years.

Shreeji Translogistics Limited (STL), an India-based surface logistics and parcel delivery service provider, has recently bagged WSSL Alloy Steel Ltd. as a new client in the Full Truck Load (FTL) segment.  

Additionally, it informed that The Board of Directors of the company will hold a meeting on Tuesday, May 16, 2023, inter alia, to:   

1. Consider and approve the audited standalone and consolidated financial results of the company for the quarter and fiscal year ended March 31, 2023.   

2. Recommend the final dividend, if any, for the financial year ended March 31, 2023.  

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Shreeji Translogistics Limited (STL) was incorporated in 1984. The company is engaged in freight management, logistic solutions and warehousing services. It caters for a range of logistical requirements from import-export container movement to bonded trucking movements.  

The company also traded ex-split on Wednesday, February 15, 2023. The stock has a ROE of 26.41 per cent and a ROCE of 27 per cent. The stock is up by 32 per cent in 1 year and over 450 per cent in just 2 years. 

Today, shares of Shreeji Translogistics climbed 2.47 per cent to Rs 60.98 per share with an intraday high of Rs 61.50 and an intraday low of Rs 59.31.  Investors should keep an eye on this Small-Cap multibagger stock.