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 1.7k Views
Listen icon

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 

Share Market Today


How do you rate this article?

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

378X91-D3

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Disclaimer

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.
Enjoy 0%* Brokerage with 5paisa
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
Trust Fintech IPO Subscribed 108.63 times

Trust Fintech IPO is book-built issue of ₹63.45 crores, consisting entirely of fresh issue shares totalling 62.82 lakh. Trust Fintech IPO commenced its subscription period on March 26, 2024, & concludes today, March 28, 2024.

Aspire & Innovative IPO Subscribed 15.17 times

Aspire & Innovative IPO is a book built issue of Rs 21.97 crores. The issue comprises entirely a fresh issue of 40.68 lakh shares. Aspire & Innovative IPO opens for subscription on March 26, 2024, and closes on March 28, 2024. The allotment for the Aspire & Innovative IPO is expected to be finalized on Monday, April 1, 2024.

Blue Pebble IPO Subscribed 56.32 times

Blue Pebble IPO, valued at ₹18.14 crores, comprises fresh issue of 10.8 lakh shares. Commencing subscription on March 26, 2024, Blue Pebble IPO is set to conclude on March 28, 2024. Allotment process is scheduled to be finalized by Monday, April 1, 2024. Following this, IPO is slated to debut on NSE SME, with tentative listing date of Wednesday, April 3, 2024.