DSIJ Mindshare

Low PE & high ROCE paper manufacturing stock; Board announces 5:1 stock split after Rs 10/share dividend; Check split record date inside!

The stock is up by 32 per cent from its 52-week low of Rs 430.50 per share and gave multibagger returns of 150 per cent in 3 years.

Kiran Shroff 0 307 Article rating: 3.8

The shares of the company have a PE of 5x and an ROCE of 40 per cent. 

Promotor unpledged 21 per cent of shares: This single-digit PE paper stock jumped from its long-term moving average; multibagger mid-cap returned 280 per cent!

The company has reduced debt and achieved strong profit growth with a 19.6 per cent CAGR over the past five years.

Prajwal Wakhare 0 2192 Article rating: 3.8

In Q2FY24, the company achieved the highest finished production for the quarter totalling 40,649 metric tons. The upgradation of the paper machine led to an increase in its capacity from 30 tons to 50 tons per day.

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DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

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