Growth-oriented companies that have a strong potential for growth are those that issue growth stocks. Acquiring shares of these businesses can help investors greatly increase their wealth through capital growth.
Jindal Stainless Ltd is one of the largest manufacturers of Stainless Steel flat products, in Austenitic, Ferritic, Martensitic and Duplex grades in India used in a variety of industries like automobile, railways, construction, consumer goods etc.
10%
ROE
24.4%
OPM
25%
5yr compounded sales growth:
44%
5yr compounded profit growth
Rs. 361.85
CMP
Apar is contributing to India’s process of electrification it started by manufacturing power transmission cables to have three broad business segments, which are Conductors, Transformer and specialty oils (TSO), and Power/telecom Cables.
8.83%
ROE
32.3%
OPM
20%
5yr compounded sales growth:
35%
5yr compounded profit growth
Rs. 3750
CMP
Godawari Power & Ispat is mainly engaged in the business of Mining of Iron Ore and Manufacturing of Iron Ore Pellets, Sponge Iron, Steel Billets, Wire Rods, H.B. Wire and Ferro Alloys with generation of Electricity.
19.7%
ROE
19.7%
OPM
18%
5yr compounded sales growth:
31%
5yr compounded profit growth
Rs. 539
CMP
KFIL manufactures pig iron and ferrous castings such as cylinder blocks, cylinder heads, and transmission parts and different types of housings required by automobile, tractor and diesel engine industries.
14.9%
ROE
23.7%
OPM
19%
5yr compounded sales growth:
55%
5yr compounded profit growth
Rs. 488.95
CMP
KFIL manufactures pig iron and ferrous castings such as cylinder blocks, cylinder heads, and transmission parts and different types of housings required by automobile, tractor and diesel engine industries.
7.06%
ROE
41.2%
OPM
22%
5yr compounded sales growth:
35%
5yr compounded profit growth
Rs. 665.45
CMP