Introduction:
Return on Equity (ROE):
ROE measures a company’s profitability relative to shareholders’ equity, indicating how efficiently management uses invested funds to generate profits. A higher ROE reflects strong financial performance, making it a crucial metric for investors seeking profitable and well-managed companies.
Return on Capital Employed (ROCE):
ROCE evaluates a company’s ability to generate profits from its total capital, including debt and equity. It highlights operational efficiency and long-term profitability, helping investors compare performance across companies, particularly in capital-intensive industries, and assess their ability to generate value from investments.
Gravita India Ltd:
On December 13, 2024, Gravita India Limited opened at ₹2,259.85, up slightly from its previous close of ₹2,258.65. The stock reached a high of ₹2,278.45 (0.87%) and a low of ₹2,180.00 during the day. By 3:58 PM, it traded at ₹2,192.80, a 2.92% decrease, with a market cap of ₹15,138.63 crore.
Gravita India Ltd, a prominent holding of the Abu Dhabi Investment Authority, demonstrates robust financial performance with a high Return on Equity (ROE) of 33.7% and a Return on Capital Employed (ROCE) of 27.9%, indicating strong profitability and efficient capital utilization.
Gravita India Ltd is a global leader in recycling, specializing in lead and lead alloys. With operations spanning across continents, the company focuses on eco-friendly processes and sustainability. Its innovative approach supports industries like automotive, energy, and telecommunications while maintaining a strong emphasis on environmental responsibility.
Triveni Turbine Ltd:
On December 13, 2024, Triveni Turbine Limited opened at ₹813.00, slightly up from its previous close of ₹812.55. The stock reached a high of ₹814.95 (0.30%) and a low of ₹798.00 during the day. By 3:58 PM, it traded at ₹804.60, a 0.98% decrease, with a market cap of ₹25,576.38 crore.
Triveni Turbine Ltd, a stock held by Abu Dhabi Investment Authority, boasts an impressive ROCE of 38.3% and ROE of 28.5%. These metrics highlight its operational efficiency and ability to generate substantial shareholder returns, making it a compelling investment choice.
Triveni Turbine is a market leader in industrial steam turbines, serving diverse industries such as sugar, cement, and textiles. Renowned for its energy-efficient solutions, the company has a strong global presence and an innovative R&D focus, driving technological advancements in clean and sustainable energy systems.
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Coforge Ltd:
On December 13, 2024, Coforge Limited opened at ₹9,187.95, nearly unchanged from its previous close of ₹9,188.60. The stock reached a high of ₹9,322.25 (1.45%) and a low of ₹9,094.45 during the day. By 4:00 PM, it traded at ₹9,322.25, a 1.45% increase, with a market cap of ₹62,327.99 crore.
Coforge Ltd, held by Abu Dhabi Investment Authority, showcases a robust ROCE of 28.6% and ROE of 24.1%. These figures underscore its strong financial performance and effective capital utilization, establishing it as a noteworthy stock in their portfolio.
Coforge is a leading IT services provider, delivering tailored solutions across industries like insurance, banking, and travel. Known for its digital transformation expertise, Coforge combines AI, analytics, and cloud technologies to enhance business processes, optimize efficiency, and support clients’ growth on a global scale.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
