DSIJ Mindshare

Low PE high ROE stock at Rs 120 per share; Board to approve bonus shares and fix the record date

The stock is up by 17.64 per cent from its 52-week low of Rs 110.90 per share and down by 22.58 per cent from its 52-week high of Rs 155 per share.

Prajwal Wakhare 0 20428 Article rating: 3.6

The company has a market capitalization of Rs 120 crore with a current stock price of Rs 120. Its stock has experienced a high and low of Rs 155 and Rs 102, respectively. The stock's price-to-earnings (P/E) ratio stands at 12.1x. The company's return on capital employed (ROCE) is 39.1 per cent, and its return on equity (ROE) is 40.6 per cent.

125 per cent dividend & bonus: Splendid Q2 performance net profit jumps 53 per cent!

The board also announced a bonus issue in the ratio of 1:1, further enhancing the value proposition for its investors.

Vaishnavi Chauhan 0 8502 Article rating: 4.0

Furthermore, the stock has witnessed significant buying activity as it has given returns of more than 154 per cent on a YTD basis.

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