Ashish Kacholia bought 1,00,000 shares of this small-cap iron & steel stock; Trades at high ROE & high ROCE
The stock is up by 44 per cent from its 52-week low of Rs 122.55 per share.
Today, shares of Aeroflex Industries Limited gained 1.82 per cent to Rs 173.05 per share from its previous closing of Rs 173.05 per share. The stock’s 52-week high is Rs 271.60 per share and its 52-week low is Rs 122.55 per share.
An ace investor, Ashish Kacholia, bought 1,00,000 shares of the company and increased its stake to 1.92 per cent in March 2025 compared to December 2024. Additionally, his investment firm, Bengal Finance and Investment Pvt Ltd, holds 23,15,935 or 1.79 per cent stake in the company as of March 2025.
Aeroflex Industries Limited, established in 1993 as part of Sat Industries Limited, is a prominent Indian manufacturer specialising in environment-friendly metallic flexible flow solution products made primarily from stainless steel. The company offers a diverse range of 2,777 Stock Keeping Units (SKUs), catering to controlled flow applications across various industries. Their focus on metallic flexible flow solutions positions them as a key player in this specialised manufacturing sector in India.
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The promoters own 66.99 per cent stake, FIIs own 0.66 per cent stake, DIIs own 5.91 per cent stake and the remaining 26.44 per cent is owned by public shareholders. The company has a market cap of over Rs 2,200 crore and has a debt of just 70 lakh. The shares of the company have an ROE of 21 per cent and an ROCE of 27 per cent. The stock is up by 44 per cent from its 52-week low of Rs 122.55 per share. Investors should keep an eye on this small-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.