Top small-cap stocks with high ROCE and low PE

Top small-cap stocks with high ROCE and low PE

Indian Market
by 5paisa Research Team Last Updated: 2022-10-27T11:13:39+05:30

Markets opened the session higher on the monthly expiry day amid strong Asian cues and the dollar cooling off. This article lists top small-cap stocks with higher revenue and profit growth with high ROCE and low PE.

Nifty 50 opened higher at 17,771.4 as against the previous close of 17,656.35 amid strong Asian cues and softening of the dollar. On Wednesday, key Wall Street indices ended mixed amid weak earning guidance adding fuel to the fears of a global economic slowdown.

On the flip side, the interest rate hike by the Bank of Canada was lower than expected. This adds some hope that even the US Fed would lower the intensity of the rate hike in its upcoming meeting.

As a result of disappointing quarterly earnings from Alphabet, Microsoft and Meta, Nasdaq Composite tanked 2.04%. Dow Jones ended flat gaining 0.01%, while S&P 500 plummeted 0.74%.

However, Asian peers traded higher on Thursday amid mounting expectations of slowing rate hikes from central banks across the globe. This optimism can also be attributed to the easing of dollar that pushed yields lower.

At 10:15 a.m., Nifty 50 was trading at 17,719.15, up by 62.8 points or 0.36%. Broader markets are underperforming frontline indices. Nifty Mid-Cap 100 index gained 0.27%, while Nifty Small-Cap 100 index jumped 0.34%.

According to the data on October 25, FIIs were net sellers and DIIs were net buyers. Foreign Institutional Investors (FII) sold Rs 247.01 crore worth of shares. Domestic Institutional Investors (DII) bought shares worth Rs 872.88 crore.

Following is the list of top small-cap stocks having higher revenue and profit growth with higher ROCE and low PE.  

Stocks 

Market Cap (Rs Cr.) 

CMP (Rs) 

Operating Revenue Growth TTM (%) 

Net Profit TTM Growth (%) 

ROCE Annual 3Y Avg. (%) 

Sandur Manganese & Iron Ores Ltd. 

1,839.9 

681.3 

121.9 

100.5 

28.0 

Automotive Stampings and Assemblies Ltd. 

603.7 

380.55 

73.0 

383.3 

84.6 

Jindal Stainless Ltd. 

7,312.3 

139.15 

53.1 

125.2 

21.1 

Brightcom Group Ltd. 

7,155.7 

35.45 

103.7 

122.5 

21.9 

Godawari Power & Ispat Ltd. 

3,726.6 

264.4 

33.4 

32.3 

33.6 

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Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

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