DSIJ Mindshare

High ROE multibagger penny stock under Rs 10 with 3,000 per cent returns: This micro-cap company reports a turnaround story; PAT jumps 450 per cent!

The stock gave multibagger returns of 650 per cent in 3 years, 1,140 per cent in 5 years and a whopping 3,000 per cent in a decade.

Kiran Shroff 1 16430 Article rating: 3.9

The stock gave multibagger returns of 650 per cent in 3 years, 1,140 per cent in 5 years and a whopping 3,000 per cent in a decade.

7,000 per cent returns in this multibagger stock; Board likely to announce stock split!

The share of the company has a PE of 20.11x whereas the industry PE is 40.50x with a ROE of 120 per cent and a ROCE of 96.30 per cent.

Kiran Shroff 0 27805 Article rating: 3.9

The company has a market cap of Rs 45.24 crore. The net sales increased by 1,630 per cent to Rs 11.07 crore and net profit skyrocketed by 640.62 per cent to Rs 2.37 crore in FY23 over FY22. The scrip saw a spurt in volume by more than 4.87 times on BSE.

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