High ROE & high ROCE penny stock below Rs 3 in green as Board approve Rs 100,00,00,000 fundraising for growth opportunities!
High ROE & high ROCE penny stock below Rs 3 in green as Board approve Rs 100,00,00,000 fundraising for growth opportunities!

High ROE & high ROCE penny stock below Rs 3 in green as Board approve Rs 100,00,00,000 fundraising for growth opportunities!

The shares of the company have an ROE of 27 per cent & an ROCE of 21 per cent with multibagger returns of over 120 per cent in just 3 years.

Kiran Shroff Article rating: 3.8

The shares of the company have an ROE of 27 per cent & an ROCE of 21 per cent with multibagger returns of over 120 per cent in just 3 years.

SME Small-cap: Proposal for raising funds propels this oil & gas stock to hit fresh 52-week high, stock price zoomed 11 per cent in a day!
SME Small-cap: Proposal for raising funds propels this oil & gas stock to hit fresh 52-week high, stock price zoomed 11 per cent in a day!

SME Small-cap: Proposal for raising funds propels this oil & gas stock to hit fresh 52-week high, stock price zoomed 11 per cent in a day!

This is a SME small-cap stock with market capitalization of Rs 805 crore. The stock is currently trading at Rs 974.

Prajwal Wakhare Article rating: 4.3

In the short term, the company has achieved a commendable 24.62 per cent growth in just one week. Furthermore, its robust performance is underscored by a solid 17.49 per cent increase over the past month. Impressively, the company has outperformed expectations with a remarkable 60.94 per cent growth over the last three months. Looking at the broader picture, Kotyark Industries has delivered a mulibagger returns of 140.52 per cent over the past one year.

This small-cap stock reports bumper results; big rerating on cards!
This small-cap stock reports bumper results; big rerating on cards!

This small-cap stock reports bumper results; big rerating on cards!

EPS for Q1FY23 stood at Rs 13.7 which is greater than the EPS of FY22 which stood at Rs 11.4.

Karan Dsij Article rating: 3.8

Interestingly, the company also managed to turn its year-ago quarter’s net loss of Rs 7.5 crore into a profit of Rs 27 crore in Q1FY23.

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