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High ROE and high ROCE multibagger stock: This compressor manufacturing company receives order from Siemens Ltd!
High ROE and high ROCE multibagger stock: This compressor manufacturing company receives order from Siemens Ltd!

High ROE and high ROCE multibagger stock: This compressor manufacturing company receives order from Siemens Ltd!

The stock gave multibagger returns of 360 per cent in 3 years and over 1,200 per cent in a decade.

Kiran Shroff Article rating: 3.9

Elgi Equipments has a market cap of over Rs 16,000 crore and has delivered good profit growth of 24.1 per cent CAGR over the last 5 years. The company has been maintaining a healthy dividend payout of 20.8 per cent and reported excellent numbers in its quarterly results & annual results.

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