Double Dhamaka! Board Likely To Announce Stock Split & Interim Dividend: Debt-Free Multibagger Stock To Keep Under Radar
The shares of the company have an ROE of 40 per cent and an ROCE of 55 per cent.
Global Education Limited hereby informs you that the Board of Directors meeting will be held on Tuesday, October 22, 2024. The agenda includes: reviewing and approving the unaudited financial results for the second quarter and half-year that ended September 30, 2024, considering and recommending a first interim dividend for the financial year 2024-25, proposing a subdivision of equity shares, and approving the notice for the General Meeting and related matters for E-voting.
Global Education Ltd (GEL), established in 2011, is a comprehensive educational service provider and consultancy firm. Offering a wide range of services, GEL caters to various organizations, including educational institutions, corporations and banks. Their expertise spans business management consulting, skill development programs, and admission assistance. From infrastructural support and online examinations to marketing and branding, GEL provides a one-stop solution for educational needs. Additionally, they offer a variety of products, such as computer hardware, tools, and printed materials, primarily serving educational institutions. With a strong network and a clientele that includes industry giants like Capgemini, HCL and Wipro, GEL has established itself as a reliable and trusted partner in the education sector.
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The company has a market cap of over Rs 400 crore and its debt-free. The company has delivered good profit growth of 35.5 per cent CAGR over the last 5 years and has been maintaining a healthy dividend payout of 28 per cent. The shares of the company have an ROE of 40 per cent and an ROCE of 55 per cent. The stock is up by 24 per cent from its 52-week low of Rs 164.35 per share and gave multibagger returns of over 1,750 per cent in 5 years. Investors should keep an eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.