Latest News
-
25% Dividend Record Date: Logistic Stock Nears 1-Year High And It Belongs To Mahindra; Motilal Neutral -
1:10 Split, 26 Dividends: Tata's 26-Year-Old Retail Stock In Focus, Q4, Dividend Ahead; Buy For Target Rs 4200 -
1:5 Split Soon: Rs 2,300 Defence Stock To Split Into Five Shares, Rs 400 Cr Fundraising Too; Hits 52-Week High -
Penny Stock Bags Back-To-Back Orders Worth Rs 500 Mn, 110 Mn; Shares Hit Upper Circuit -
Marshall Wace Offloads Stakes in 21 Indian Companies for Rs 2,365 Crore -
Rishi Sunak Announces Generational Hike in UK Defence Spending -
Dr Reddy's Issues Recall for Six Drug Lots in US Over Subpotency Concerns -
Dr Reddy's Voluntarily Recalls Six Drug Lots in US Over Potency Concerns -
IRCON, RITES: 2 Multibagger Navratna Railway Stocks Potential To 17-24% Upside Ahead; Assigned BUY Rating -
AU Small Finance Bank Unveils New Products Including Rupay Credit Card
Top 4 Multibagger Stocks With ROE And ROCE More Than 100%
A huge number of a participant in the equity market use fundamental analysis to make investment decisions. In fundamental analysis, ROE and ROCE are two of the most preferred indicators to predict the company's future move.
Many famous investing strategies like Coffee Can Investing show the significance of ROE and ROCE numbers. Here are 4 multibagger stocks with ROE and ROCE of more than 100%.
Nestle India Ltd
Nestle India is one of the leading large-cap FMCG companies in India. The company is an Indian division of the Swiss international firm Nestlé. The headquarters of the company is located in Gurgaon, Haryana. Drinks, chocolate, Food, and confections are among the company's product offerings.
The company has a market capitalization of over Rs.183,246 Crores with a current market price of Rs. 19,006. The company has a Return On Equity and Return On Capital Employed of 113% and 147%, respectively.
EKI Energy Services Ltd
Along with providing business excellence services, EKI Energy Services Ltd. is in the consultancy business for sustainability, climate change, and carbon offsetting. Assistance with the validation, registration, monitoring, verification, issuing, and trade of qualified projects to receive carbon credits.
It is a small-cap company with a market capitalization of Rs. 3,711 Crores, and the company's stock is currently trading at the market price of Rs. 1,350. The stock has one of the highest ROE and ROCE among the small-cap stocks. It has a ROCE of 236% and an ROE of 176%.
Dynavision Ltd.
Dynavision Ltd. is a very small cap company from the Realty sector. Incorporated in 1981, the company provides the service of leasing out its real estate. M/s. Apollo Hospitals Enterprises Ltd. has leased the full industrial space from the company to build world-class, multispecialty hospitals.
The company has a market capitalization of over Rs. 66.3 Crores and the company's stock is currently trading at Rs. 173. This stock has good ROE and ROCE among the small-cap stocks, with an ROE of 124% and a ROCE of 169%.
Chennai Ferrous Industries Ltd
Chennai Ferrous Industries Ltd., founded in 2010, produces and trades sponge iron and coal-related goods. The company is one of the leading mini-cap metal companies with more than a decade of experience in India.
The company has a market capitalization of over Rs. 61.2 Crores and the company's stock is trading at the market price of Rs. 170. This stock has good ROE and ROCE among the small-cap stocks, with a ROCE of 158% and an ROE of 158%.
