Broader markets sink, volatility eases, and sectoral losses deepen as investor sentiment turns negative.

Why Investors Find This Combination Attractive?

Comparing a company's return on equity (ROE) to its industry average or the ROE of similar companies can help investors determine whether the company is performing well or underperforming. Bhavya Rathod highlights how this can be used as an effective tool in the investment process

The stock has a PE of 12.99x whereas the sectoral PE is 34x with an ROE of 18 per cent respectively.   

In Q2FY23, net sales rose by 12.13 per cent and net profit skyrocketed 123.45 per cent over Q3FY22.  

With a market valuation of Rs 3,693 crore, the firm has a PE of 21.96 per cent and an ROE of 14.49 per cent. 

The stock gave multibagger returns of 414.9 per cent in just 6 months and 1,115.1 per cent in the last 1 year.

The stock achieved multibagger returns of 408.69 per cent in just 6 months and 632.45 per cent in the last year. 

The stock gave multibagger returns of 115.17 per cent in just 6 months. Today, the company saw a spurt in volume by more than 3.34 times on BSE. 

The stock has a PE multiple of 11.47 whereas the sectoral PE multiple is 22.72 and an ROE of 31.94 per cent. 

The stock now has a PE of 18.3 per cent, an ROE of 12.80 per cent and a 1-year CAGR of 22 per cent, respectively.

The stock has given multibagger returns of 623.25 per cent in the last two years, with a 52-week high of Rs 198.45 and a 52-week low of Rs 81.80.

Today, shares of Knowledge Marine & Engineering Works Ltd (KMEW) surged 12.75 per cent and reached a new 52-week high of Rs 1,146.35 apiece. The stock generated multibagger returns of 329.75 per cent in just 6 months and 661.75 per cent in 1 year.

The stock has a PE multiple of 8.98, while the sectoral PE multiple is 32.8, the ROE is 44.60 per cent and the ROCE is 45.74 per cent.

While the BSE Sensex Index has increased by 1.39 per cent year to date, the stock has provided multi-bagger returns of 600.85 per cent year to date.

The company’s 52-week high is Rs 35.90 per share whereas its 52-week low is Rs 12.15 per share. Investors should keep an eye on this stock.

Today, shares of the company saw a spurt in volume by more than 8.25 times on BSE.

The stock delivered a multibagger return of 135.38 per cent in just six months, while the BSE Sensex gained only 17.84 per cent.

The stock has gained by 138.05 per cent in just one month, while the BSE Sensex has only risen by 0.91 per cent.

In the pre-open market itself, the stock reached a new 52-week high of Rs 47.95 per share.

The stock is up by 83.75 per cent in 6 months while BSE Sensex has only increased by 19.7 per cent in 6 months. Investors must keep this stock on their watch list.

Shares of this company are trading at a PE multiple of 11.4 and an ROE of 15.4 per cent, reflecting strong management performance.

The stock gave multi-bagger returns of 214.18 per cent in just 1 month. In addition, the stock gave a multi-bagger return of 360 per cent in just 6 months. 

The stock delivered a multi-bagger return of 112 per cent in just six months, while the BSE Sensex gained only 19 per cent. In addition, the stock has gained 93 per cent year to date.

The stock has increased by 54.72 per cent year to date, although the BSE Sensex has only increased by 5.66 per cent. Investors must keep this stock on their watch list.

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.

The shares of the company closed in the upper circuit today, up 3.07 per cent to Rs 1731 per share.

The company has an ROE of 18.4 per cent and a CAGR of 50 per cent in just 1 year. Investors must keep an eye on this stock.

The company has delivered good profit growth of 61 per cent CAGR over the last 3 years. Stocks of this company are trading at a PE multiple of 11.4 and an ROE of 15.4 per cent, reflecting strong management performance.

Today, the shares of this company saw a spurt in volume by more than 83 times on BSE.

The company has a PE multiple of only 18.9 while the industry PE multiple is 34.2 and an ROE of 28.2 per cent, all of which point to strong managerial performance.

The shares of Shree Securities Ltd have given a strong recovery from the support levels of Rs 18.50. 

The stock has increased by more than 150 per cent, while the BSE Sensex has increased just by 6.23 per cent on a YTD basis.

This contract is in addition to the existing business with Tata Steel Limited and other clients.

Today, the stock of this company was locked at 20 per cent at Rs 111.60

The shares of this company are trading at a PE multiple of 17.60 and an ROE of 17.55, all of which point to strong managerial performance.

The stock has increased by more than 200 per cent, while the BSE Sensex has increased just by 13.80 per cent in 6 months.

Navoday Enterprises Ltd is trading at a PE multiple of 9.65 and an ROE of 7.65 per cent, all of which point to strong managerial performance.

The stock is up by 5.97 per cent in one day while BSE Sensex is just up by 0.45 per cent in one day.   

This stock is trading at a PE multiple of 23.60 and an ROE of 1.59, all of which points to strong managerial performance.

However, there is no fixed template when it comes to selecting stocks, as what suits one’s investing style may not be appropriate for the another individual. However, one of the famous checklists, which is used by many renowned investors might help you to pick a needle from a haystack! 

On the back of negative global trends, Nifty 50 started off lower. In this post, we have highlighted the best mid-cap companies with strong ROCE and low PE.