In comparison to FY22, the corporation doubled its operating profit and net profit in FY23. On BSE today, the company saw a spurt in volume by more than 14 times.

Shares of this company are trading at a PE multiple of 4.42 and an ROE of 49.7 per cent, all of which point to strong managerial performance.

The current PE and ROCE for this stock are 39.3 per cent and 19.20 per cent, respectively.

Shares of JK Cement, Rane Brake Lining and HG Infra Engineering Ltd have rallied in today’s trading session.  

While markets opened high, as of noon, BSE Sensex was up by 1.59 per cent. 

HG Infra Engineering Ltd gained more than 10 per cent 

HG Infra Engineering Limited (HGIEL) is an Indian Road Infrastructure company engaged in the business of engineering, procurement and construction (EPC) services, maintenance of roads, bridges, flyovers and other infrastructure contract works. The share has rallied more than 10 per cent in the first half of today's trading session. The company has given investors stellar returns of 108.77 per cent over the last year. The share price of the company stood at Rs 283.2 on March 16, 2021, and since then, it has increased investor wealth by more than 2 times.