Return on Equity, or RoE, is considered as a measure of profitability or performance of a company. It is taken into account by many experts while making investment decision. On analysis, Moneycontrol found there are only 5 companies in the BSE universe whose current market prices are below Rs 50 and in the last 3 financial years, they have maintained an RoE of over 20 percent. RoE is calculated by dividing net income by average shareholders' equity. 4 out of these 5 stocks are trading at least 20 percent below their 52-week high price. (Data Source: ACE Equity)
Aditya Birla Money | The company's RoE for FY18: 26.16%, FY19: 68.14%, and FY20: 47.26%. On September 7, the share price closed at Rs 42.70 which is 8 percent below its 52-week high of Rs 46.60.
IIFL Securities | The company's RoE for FY18: 33.31%, FY19: 28.58%, and FY20: 30.35%. On September 7, the share price closed at Rs 38.65 which is 38 percent below its 52-week high of Rs 62.65.
Integra Engineering India | The company's RoE for FY18: 33.00%, FY19: 63.33%, and FY20: 22.22%. On September 7, the share price closed at Rs 25.50 which is 45 percent below its 52-week high of Rs 46.70.
Kriti Nutrients | The company's RoE for FY18: 34.41%, FY19: 27.65%, and FY20: 24.35%. On September 7, the share price closed at Rs 37.60 which is 26 percent below its 52-week high of Rs 50.85.
Lloyds Metals & Energy | The company's RoE for FY18: 22.46%, FY19: 21.79%, and FY20: 26.21%. On September 7, the share price closed at Rs 9.68 which is 22 percent below its 52-week high of Rs 12.42.
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