Low PE high ROE multibagger stock: This small-cap company is in an expansion mode; do you own it?

The stock has a PE of 14.59x whereas the sectoral PE is 34x with an ROE of 31.10 per cent and gave multibagger returns of 116.38 per cent in just 2 years. 

Anmol India Ltd informed the exchanges (BSE Script Code: 542437; NSE Script Code: ANMOL) that it would be to explore new opportunities in Chemical related products and steel-related products like Iron Ore, Iron Pellets, Met Coke etc. 

The company will focus on investments in new products and expand into new demographics. This expansion is set to unlock significant growth potential, as the demand for steel and chemical-related products continues to surge worldwide. 

The Board of the company said, ‘By exploring new opportunities in the steel and chemical-related products markets and leveraging synergies with our existing client base, we aim to broaden our business horizons and solidify our position as a major player in the global trading arena.” 

Today, shares of Anmol India Ltd, surged 0.47 per cent to Rs 224 per share from its previous closing of Rs 222.95. The stock also traded at a new 52-week high of Rs 226 per share. 

Anmol India Limited (AIL) is engaged in wholesale trading of different varieties of coal ranging from USA coal, Indonesian coal, domestic coal, petroleum coke and coking coal. It is the fastest-growing and service-oriented coal provider in Asia. 

Talking about finances, AIL has a market cap of Rs 254.98 crore with 3 years CAGR of 112 per cent. The company reported excellent results in its Quarterly Results and annual results. 

The stock has a PE of 14.59x whereas the sectoral PE is 34x with an ROE of 31.10 per cent. The stock also gave multibagger returns of 116.38 per cent in just 2 years. 

Investors should keep an eye on this Small-Cap energy stock.