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 1.29%
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 NSE compared to Nalwa Sons Investments
What does Nalwa Sons Investments do?
Nalwa Sons Investments Limited, a non-banking financial company, engages in the investment and financing business in India. The company operates through two segments, Investment & Finance, and Trading of Goods. It primarily holds investments in equity shares of steel manufacturing companies of O.P. Jindal Group. 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
- TOT BIOPHARM International has Ret. on equity of 1.27%
- Aecon has Ret. on equity of 1.27%
- James Warren Tea has Ret. on equity of 1.28%
- Biosino Bio-Technology and Science Incorporation has Ret. on equity of 1.28%
- Dairy Farm International has Ret. on equity of 1.28%
- Blackham Resources has Ret. on equity of 1.28%
- Nalwa Sons Investments has Ret. on equity of 1.29%
- Williamson Magor & Co has Ret. on equity of 1.29%
- Kalyani Forge has Ret. on equity of 1.29%
- Jaipan Industries has Ret. on equity of 1.29%
- Archidply Industries has Ret. on equity of 1.29%
- Kingsoft has Ret. on equity of 1.29%
- Lundin Ab Spon Adr Each has Ret. on equity of 1.29%