Low PE, High ROE & ROCE multibagger stock: This small-cap company receives export orders worth Rs 50 crore!
Shares of this company gained over 850 per cent in just 5 years.
On Wednesday, shares of Goldiam International Ltd zoomed 3.05 per cent to Rs 145.40 per share from its previous closing of Rs 141.10. The stock has a 52-week high of Rs 178.95 and a 52-week low of Rs 116.75.
Goldiam International Ltd announced that the company has received export orders worth of Rs 50 crore from its international clients for manufacturing of diamond studded gold jewellery, which includes orders of lab-grown diamond jewellery to the tune of 35 per cent.
Goldiam International Limited manufactures and exports diamonds and jewellery. The Group's jewellery products are composed of gold, platinum, coloured stones and cut and polished diamonds.
According to the financials, Goldiam International has a market cap of over Rs 1,500 crore with 3-year CAGR of 107 per cent. The company reported excellent numbers in the Quarterly Results and full yearly results. The net sales rose by 69.46 per cent and net profit rose by 58.21 per cent in FY22 over FY21.
The stock has a PE of 16.90x, a ROE of 21.30 per cent and a ROCE of 29.50 per cent. The stock gave multibagger returns of per cent in just 114 per cent in just 2 years and over 872 per cent returns in 5 years. Investors should keep an eye on this Small-Cap gems & jewellery stock.