Low PE multibagger stock: Don’t miss action in this micro-cap stock that has announced stock split!
From Rs 9.65 per share to Rs 52.45 per share, the stock gave multibagger returns of 443.52 per cent in just 3 years.
On Tuesday, Comfort Fincap Ltd surged 5 per cent upper circuit to Rs 52.45 per share from its previous closing of Rs 49.96. At 3:30 pm, shares of the company ended the day in red, down 3.44 per cent to Rs 48.24 per share.
In the recent trading sessions, the stock hit back-to-back upper circuit because the company has announced sub-division/stock split of each existing equity share of face value of Rs 10 each into 5 equity shares of face value of Rs 2 each. The company verified the record date as Friday, March 05, 2023.
Comfort Fincap Limited operates as a non-banking company. The company offers loans against shares, securities and properties, corporate loans, personal loans, trading financing, bills discounting and other financial services. Today, shares of the company saw a spurt in volume by more than 2.60 times on BSE.
Comfort Fincap is a micro-cap company having a market cap of over 50 crore. The company reported positive numbers in its Quarterly Results and annual results. The shares of the company have a PE of 11.89x whereas sectoral PE is 23.32x with an ROE of 11.12 per cent.
From Rs 9.65 per share to Rs 52.45 per share, the stock gave multibagger returns of 443.52 per cent in just 3 years.
Investors should keep an eye on this stock.