Sunil Singhania bought 34,63,970 shares of this multibagger engineering company; stock trades at low PE and high ROE & ROCE!
Sunil Singhania bought 34,63,970 shares of this multibagger engineering company; stock trades at low PE and high ROE & ROCE!

Sunil Singhania bought 34,63,970 shares of this multibagger engineering company; stock trades at low PE and high ROE & ROCE!

The stock gave multibagger returns of 140 per cent in just 1 year and a whopping 350 per cent in 3 years.

Kiran Shroff Article rating: 4.8

The shares of the company have a PE of 15x, an ROE of 21 per cent and an ROCE of 25 per cent.

Multibagger in just 1 year; Board announced bonus shares!
Multibagger in just 1 year; Board announced bonus shares!

Multibagger in just 1 year; Board announced bonus shares!

The shares of the company have a PE of 14.30x, a ROE of 22 per cent and a ROCE of 25 per cent.

Kiran Shroff Article rating: 3.8

According to the quarterly results, the net sales increased by 19.37 per cent to Rs 701.01 crore and net profit increased by 81.42 per cent to Rs 91.38 crore in Q4FY23 over Q4FY22. The net sales increased by 26.38 per cent to Rs 2,609.33 crore and net profit increased by 79.67 per cent to Rs 293.88 crore in FY23 over FY22. The EPS for FY23 stood at Rs 133.27.

Multibagger in just 1 year; Board likely to announce bonus shares!
Multibagger in just 1 year; Board likely to announce bonus shares!

Multibagger in just 1 year; Board likely to announce bonus shares!

The stock gave multibagger returns of 139.75 per cent in just 1 year.

Kiran Shroff Article rating: 4.1

According to the quarterly results, the net sales increased by 19.37 per cent to Rs 701.01 crore and net profit increased by 81.42 per cent to Rs 91.38 crore in Q4FY23 over Q4FY22. The net sales increased by 26.38 per cent to Rs 2,609.33 crore and net profit increased by 79.67 per cent to Rs 293.88 crore in FY23 over FY22. The EPS for FY23 stood at Rs 133.27.

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