Nalwa Sons Investments Ret. on equity
What is the Ret. on equity of Nalwa Sons Investments?
The Ret. on equity of Nalwa Sons Investments Limited is 1.05%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Finance sector on BSE compared to Nalwa Sons Investments
What does Nalwa Sons Investments do?
Nalwa Sons Investments Limited, a non-banking finance company, engages in the investment and financing activities in India. It operates through two segments, Investment & Finance, and Trading of Goods. The company primarily holds investments in equity shares of steel manufacturing companies of O.P. Jindal Group. It also invests in shares, stocks, or other securities. The company was formerly known as Jindal Strips Limited. Nalwa Sons Investments Limited was incorporated in 1970 and is based in New Delhi, India.
Companies with ret. on equity similar to Nalwa Sons Investments
- Kalyani Investment has Ret. on equity of 1.04%
- Mincon plc has Ret. on equity of 1.04%
- Midea Real Estate has Ret. on equity of 1.04%
- Proseed India has Ret. on equity of 1.05%
- On The Beach Plc has Ret. on equity of 1.05%
- Domtar has Ret. on equity of 1.05%
- Nalwa Sons Investments has Ret. on equity of 1.05%
- Citychamp Watch & Jewellery has Ret. on equity of 1.05%
- Countplus has Ret. on equity of 1.05%
- Hua Hong Semiconductor has Ret. on equity of 1.06%
- Slater and Gordon has Ret. on equity of 1.06%
- NPR Finance has Ret. on equity of 1.06%
- Cerebra Integrated Technologies has Ret. on equity of 1.06%