The company was a Value Investing multibagger with Attractive, PE Ratio 98 .
Low Debt & High Promoter Holdings of 88% – this shows the confidence in the sector & growth of the company.
CMP of company increased from 372 to 820.
Sector Growth. India is second largest steel producer with 111 million tonnes capacity. Steel Sector is one of the major contributor to Indias manufacturing output. Sector to grow at CAGR 6% till 2025. Iron ore export duty of 30% will help domestic players to avail themselves of raw materials.
The company had a PE Ratio of 9.8
ROCE & ROE at a whopping 26%. This is a very essential factor in Value Investing – You can use Futurecaps Intrinsic Value Investing Calculator here futurecaps.com/iv NEW MULTIBAGGER Currently we have Mazagon Dock Shipbuilders like 4 Multibaggers – identified with same parameters. Get the 4 reports immediately with Multibagger Plan Get our NEW VFX Multibagger which Celebrities Investing & Have High Growth Potential with our Multibagger Plan here futurecaps.com Join our Whatsapp Channel for daily stock updates https://chat.whatsapp.com/G0Log6j1A08AwFRH7sJhlb