The curious case of "Astral Polytech"

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by vij, Sep 19, 2016.

  1. vij

    vij Member

    Feb 26, 2016
    Likes Received:
    In a recent analysis mentioned in the book "Unusual Billionaries", the following filter was applied to 1500 companies with market cap of atleast 100 cr.

    Criteria: Revenue growth of 10% and return on capital employed (RoCE) of 15% for every year for the past 10 years.

    Only 8 companies passed this stringent test
    1. Asian Paints
    2. Berger Paints
    3. Marico
    4. Page Industries
    5. Axis Bank
    6. HDFC Bank
    7. ITC
    8. Astral Polytech

    Notice how Astral Polytec looks the odd one out. Could it be a sign of a multibagger? The stock currently looks very expensive though.