Low PE multibagger stock: Don’t miss the action in this micro-cap stock that has announced a stock split!
From Rs 3.90 per share to Rs 41.29 per share, the stock gave multibagger returns of 958.72 per cent in just 3 years.
On Tuesday, Comfort Fincap Ltd surged 5 per cent upper circuit to Rs 41.29 per share from its previous closing of Rs 39.33.
In the recent trading sessions, the stock hit a back-to-back upper circuit because the company has announced a sub-division/stock split of each existing equity share of the face value of Rs 10 each into 5 equity shares of the 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, bill 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 have a market cap of Rs 44.81 crore. The company reported positive numbers in its Quarterly Results and annual results. The shares of the company have a PE of 9.36x, whereas the sectoral PE is 23.32x with an ROE of 11.12 per cent.
From Rs 3.90 per share to Rs 41.29 per share, the stock gave multibagger returns of 958.72 per cent in just 3 years.
Investors should keep an eye on this micro-cap NBFC stock.