Watch out for these low PE high ROE stocks with a market cap over Rs 100 crore!

Watch out for these low PE high ROE stocks with a market cap over Rs 100 crore!

by 5paisa Research Team Last Updated: Feb 27, 2023 - 02:56 pm 1.1k Views

Domestic benchmark indices were trading lower on Monday, with the BSE Midcap index down 1.36% and the BSE Smallcap index down 1.39%.

Domestic equity benchmarks started the week on a lower footing, amid gloomy global cues. Indian indices reflected the same, with the Sensex down around 362 points or 0.61% at 59,102.49, and the Nifty up around 135 points or 0.77% at 17,331.60.

Top gainers and losers On BSE Sensex Index are as follows:

Top Gainers on BSE Sensex are Kotak Mahindra Bank, ICICI Bank and State Bank of India and the top losers on the BSE Sensex are Infosys, Tata Steel and Tata Motors.

The BSE Bankex Index was the top gaining on the sectorial indices and BSE Metals Index was the top loser on the sectorial indices. The BSE Bankex Index soared 0.79%, led by Bank of Baroda, State Bank of India and ICICI Bank while the BSE Metals Index fell 2.39%, dragged down by Vedanta Ltd, Hindustan Zinc and Tata Steel. 

Following are the chemical sector stocks which have Low PE and High ROE with a market cap of over Rs 100 crore: 

Sr. No 

Company Name 

Market Cap (Rs Crore) 

LTP (Rs) 

PE Multiple 

ROE (%) 

Tata Communications Ltd. 

34273 

1202.55 

18.68 

283.37 

Scooters India Ltd. 

243 

27.85 

12.90 

176.66 

Tilaknagar Industries Ltd. 

2113 

114 

18.53 

158.41 

Steel Exchange India Ltd. 

1482 

15.7 

15.40 

72.61 

ICICI Securities Ltd. 

15228 

471.7 

12.74 

65.71 

Silicon Rental Solutions Ltd. 

140 

135.85 

18.69 

58.52 

Tiger Logistics (India) Ltd. 

406 

384.4 

13.00 

57.78 

Indo Rama Synthetics (India) Ltd. 

1182 

45.25 

14.60 

57.65 

Andhra Petrochemicals Ltd. 

506 

59.6 

13.84 

56.17 

10 

Share India Securities Ltd. 

3786 

1186.55 

12.71 

55.51 

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