IOC operates under the Indian Government and is run by the Ministry of Petroleum and Natural Gas. Its shares are trading at around Rs. 165 at present with ROCE and ROE of 23.90% and 22.75% while the OPM is noted at 8.18%.
Indian Railway Finance Corporation is a Miniratna and provides financing for developing the Indian Railways. The company’s shares are trading at around Rs. 175 at present with ROCE and ROE of 53.32% and 13.03 while the OPM is noted at 99.50%.
The company manufactures various steel products and manages chrome mines. It is currently trading around Rs. 182 with an ROCE of 8.13% and an ROE of -4.82%. Its OPM is 6.21%.
Indian Renewables has delivered good performance over the years. It is currently trading around Rs. 180 with an ROCE of 42.69% and ROE of 14.62%. Its OPM is around 97.69%.
NALCO is a public sector company involved in aluminium mining. Its share price is around Rs.185. NALCO’s ROCE, ROE, and OPM are 14.78%, 13.82%, and 18.05%, respectively.